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Vaibhav Babruwan Shingde

Stealth • 6d

PhonePe IPO Is Coming! • PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion. • In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion. • PhonePe dominates the UPI payments business with a market share of 39% and has diversified into insurance, wealth management, mutual funds, and other sectors. • PhonePe separated from Flipkart in December 2022 to establish itself as an independent company focused on growth.

7 replies13 likes

Replies (7)

Kumar Rishu

Stealth • 6d

is this 100 percent true any update about date ?

1 replies1 like

Havish Gupta

Stealth • 6d

That's awesome

0 replies1 like

Vaibhav Babruwan Shingde

Stealth • 6d

Mistake : Current Market Share = 48%.

0 replies

Ashish Singh

Stealth • 6d

phonepe have 48% market shares and google pay 37% and paytm 7%

1 replies1 like

Recommendations from Medial

Udyamee

Stealth • 6m

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?

14 replies16 likes

Ashish Singh

Stealth • 1d

🤯As of January 5, 2025, here are the updated valuations for some of India's top startups: -- 🚀Byju's: Approximately $21 billion. -- 🚀Flipkart: Valued at around $37.6 billion; acquired by Walmart. --🚀Paytm: Approximately $16 billion. --🚀Ola:

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Todays India level

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Merchandise imports for the period April-December 2023 were USD 505.15 Billion as against USD 548.64 Billion during April-December 2022. The merchandise trade deficit for April-December 2023 was estimated at USD 188.02 Billion as against USD 212.34 B

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Kishan Kabra

Stealth • 7m

What's the reason behind of OYO valuation crash? They were struggling to get approval from SEBI for IPO back in 2021, Finally got a approval but they withdrew their application and looking to raise from private investors at $2.3 Billion which was $9

17 replies23 likes

Anonymous

Stealth • 5m

Bengaluru-based Ola Electric Mobility has set a price band of Rs 72-76 per share for its IPO, which will open for subscription on Friday, August 2. This values the company at Rs 33,522 crore or $4 billion, marking a 30% decrease from its December 2

0 replies5 likes

Vaibhav Babruwan Shingde

Stealth • 9m

Hello Guys 🤠, Reddit's IPO 48 % bumper right now and valuation goes from 5.6 Billion Dollars to 9.6 Billion Dollars 🚀 Is it safe to invest?

3 replies6 likes

VCGuy

Stealth • 6m

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

5 replies18 likes

Mr Z

Stealth • 4m

🚨 Zepto To Raise Over $340 Million at Massive $5 Billion Valuation Raised Around $1 Billion in The Last 60 Days Valuation Also Skyrocketed From $1.4 Billion in August 2023 To $5 Billion in August 2024

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K

Stealth • 7m

Cloud Startup Grafana Labs In Talks To Raise New Funding At $6 Billion Valuation

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Ashish Singh

Stealth • 5d

In 2024, Flipkart raised $350 million from Google as part of a funding round led by Walmart, bringing the total for this round to approximately $950 million. This investment aims to enhance Flipkart's digital infrastructure and expand its grocery bus