Indian startups this Week
1. On a weekly basis, startup funding slipped 71% to $125.13 million as compared to $447.6 million raised during the previous week.
2. Praveen Sharma, senior vice president of business at Paytm’s parent entity One 97 Commu
Entirely owned by the Kamath’s :o Valued at 30000 Cr. Bootstrapped. Are they the most successful entrepreneurs of India?
3 replies17 likes
Laxit Rana
•
Repute • 6m
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
"From ‘Doglapan’ to BharatPe’s comeback story! Board member kicked out him 🚪🏃♂️.Grover Challenge Bharatpe to grow without him🙌
Ashneer Grover made it a 20k valued startup .
Fast forward to 2025, and BharatPe is surviving and growing 💰📈
Reve
🚨 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
•
Repute • 7m
PhonePe/Gpay revenue Model :-
Someone anonymously asked about revenue model of these two so let's break it down for him and for everyone else who is interested in it and is not aware of.
I am assuming you are already familiar with such UPI platfor
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
Phonepe was acquired by Flipkart in 2016.
Later
In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart.
So, why need another UPI app?
is it true that today most successful startups are majorly run by IIT and IIM graduates?? that means other than that not majority are able to build successful startups??
