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Vinayak Shivanagutti

🚀7M+ Post Impressio... • 1y

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

Vinayak Rajanahally

Entrepreneur | Angel... • 1y

How about yearly Net Profit / Loss ? UPI business is difficult to monetize.

Vinayak Shivanagutti

🚀7M+ Post Impressio... • 1y

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

Vinayak Rajanahally

Entrepreneur | Angel... • 1y

Any idea on their cumulative losses made till date ?

0 replies

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