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Case Study: PhonePe – 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... • 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 can’t 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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Cred employees have made 250 Cr just from ESOP liquidation till date and I’m sure that more people will buy this time given that vesting is accelerated. What a great company to be in. 🤌🏻
showcase voting till which date and when results will be out Niket Raj Dwivedi
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