Top News Of the Day:
1. Bengaluru-based jewellery marketplace Eternz has raised $1.15 million in a pre-seed funding round led by Kae Capital.
2. Indian luggage and travel accessories startup ICON has secured $1.2 million in seed funding, led by D
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0 replies3 likes
Mr Z
Stealth • 4m
🚨 Market Share of UPI Apps (July 2024)
• PhonePe - 48.3%
• Google Pay - 37%
• Paytm - 7.82%
• Others - 6.88%
CRED is Now The 4th Largest UPI Player.
1 replies6 likes
Laxit Rana
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Repute • 2m
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
Extreme popularity of dropshipping became the reason for its 📉 because of this get rich quick guys
0 replies2 likes
Payal Manghnani
Stealth • 5m
Do you work in the technology industry because of financial incentives or because of your passion for the field?
Share ur thoughts 🧐
9 replies9 likes
Shashwat Srivastava
Stealth • 9m
What Problems do you guys face in use of internet on a day to day basis? This statement is to find out if there is a problem that actually hasn't been solved and we could technically build a product around it!
9 replies11 likes
VCGuy
Stealth • 5m
A few days ago, Flipkart introduced its new UPI service, Supermoney.
⏮️The 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
As you see in the picture , UPI is skyrocketing since 2016 to 2024 to approx . 8B transactions .
• companies like Phonepe,Google pay are dominating the market with atleast 80% market share , Paytm market share fall from 13 to 9%.
• Government will
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4 replies3 likes
Vinayak Shivanagutti
Stealth • 8m
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.
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