PhonePe sells 5% in CE Info for 486cr
NEW DELHI: Digital payments major PhonePe on Thursday trimmed its holding by selling a 5% stake in CE Info Systems, the parent company of MapmyIndia, for Rs 486 crore through an open market transaction. PhonePe is an arm of Walmart-controlled online retailer Flipkart.Following stake sale, shares of CE Info Systems plunged 9.4% to settle at…