šØ Market Share of UPI Apps (July 2024)
ā¢ PhonePe - 48.3%
ā¢ Google Pay - 37%
ā¢ Paytm - 7.82%
ā¢ Others - 6.88%
CRED is Now The 4th Largest UPI Player.
1 replies6 likes
Vinayak Shivanagutti
š7M+ Post Impressio...Ā ā¢Ā 11m
Case Study: PhonePe ā 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
Finished implementing phonePe in my company and to my surprise total merchant traffic of phonepe was more than of Paytm, Amazon Pay, flipkart seller and Bharatpe all combined. we may be using Gpay or Paytm for day to day transactions but it's PhonePe
A few days ago, Flipkart introduced its new UPI service, Supermoney.
ā®ļøThe interesting part: Let's go back a few years -
Dec, 2015: 3 former Flipkart exec's start PhonePe.
Apr, 2016: Flipkart acquires PhonePe for $20 M.
Aug, 2018: Walmart acquires
PhonePe is set to launch its IPO, showcasing impressive revenue growth of 74% year-on-year, reaching INR 5,064 crore in FY24. With a 50% market share in India's UPI transactions, it faces competition from Google Pay and Paytm. While the company's lea
See More
0 replies5 likes
Vishu Bheda
Transforming vision ...Ā ā¢Ā 10m
Indians can use PhonePe UPI payments in Sri Lanka. It has been officially launched in the country.
PhonePe collaborates with LankaPay.
4 replies8 likes
Vaibhav Babruwan Shingde
StudentĀ ā¢Ā 10m
As you see in the picture , UPI is skyrocketing since 2016 to 2024 to approx . 8B transactions .
ā¢ companies like Phonepe,Google pay are dominating the market with atleast 80% market share , Paytm market share fall from 13 to 9%.
ā¢ Government will
See More
4 replies3 likes
Chamarti Sreekar
Passionate about Pos...Ā ā¢Ā 1m
Walmart owned UPI payment giant PhonePe to enter Indian share market soon! Currently very basic proccess of IPO (Initial public offering) works are going on from PhonePe side.
When PhonePe gets complete approval from SEBI, They share their complete