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Case Study: PhonePe โ India's UPI Leader Founded in 2015, PhonePe dominates India's digital payments landscape. Stats: Users: 350M+ registered Market Share: 40%+ of UPI transactions Business Model: Transactions, financial services, advertising. R
Entrepreneur | Angel...ย โขย 1y
How about yearly Net Profit / Loss ? UPI business is difficult to monetize.
Net loss of INR 2,795.3 crore for the financial year 2022-23 (FY23), PhonePe Is service provider, they canโt monetise on digital transactions, instead they make money From ads, insurance,Loan, Etc and they are working on many more things to Monetise
Any idea on their cumulative losses made till date ?
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90 entries crossed in Startup Showcase of Feb 2025! Thrilling ideas till date. Last date of submission is a week away! Hurry up and submit your idea!
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Cred employees have made 250 Cr just from ESOP liquidation till date and Iโm sure that more people will buy this time given that vesting is accelerated. What a great company to be in. ๐ค๐ป
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