Affle claims victory in Singapore court in battle over PhonePe’s Indus OS acquisition
Shortpedia
Content Team
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Digital advertising and marketing tech platform Affle Global has claimed a favourable ruling from the Singapore High Court (HC) in its battle against Flipkart-owned PhonePe over the acquisition bid for IndusOS maker OSLabs. In response to Affle, PhonePe refuted the claims and said no final ruling has come forth yet. Affle has a 23% stake in OSLabs, while PhonePe holds 32% stake in the entity
