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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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