PhonePe IPO Is Coming!
• PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion.
• In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion.
• PhonePe dominates the UPI payments business with a
𝗣𝗵𝗼𝗻𝗲𝗣𝗲’𝘀 $𝟭𝟱𝗕 𝗜𝗣𝗢: 𝗧𝗶𝗴𝗲𝗿 𝗚𝗹𝗼𝗯𝗮𝗹 & 𝗪𝗮𝗹𝗺𝗮𝗿𝘁’𝘀 𝗕𝗶𝗴 𝗕𝗲𝘁 !
• PhonePe is planning to raise approx . $1–2 billion at a valuation of $15 billion via an IPO.
• In FY24, PhonePe reported ₹5,064 crore in revenue, with a
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Ayush Maurya
AI Pioneer • 3m
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