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
Google Pay + Paytm = PhonePe ๐ฅ
What made PhonePe succeed in this market with such competitorsโ
Reply what you think about it ๐ค๐
26 replies10 likes
Vaibhav Babruwan Shingde
Studentย โขย 4m
PhonePe IPO Is Coming!
โข PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion.
โข In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion.
โข PhonePe dominates the UPI payments business with a
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
