Back

Account Deleted

Hey I am on Medialย โ€ขย 6m

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

7 Replies
3
13
Replies (7)

More like this

Recommendations from Medial

Image Description
Image Description

Udyamee

Baki sab thik ?ย โ€ขย 1y

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 Replies
2
16
Image Description

Account Deleted

Hey I am on Medialย โ€ขย 4m

๐—ฃ๐—ต๐—ผ๐—ป๐—ฒ๐—ฃ๐—ฒโ€™๐˜€ $๐Ÿญ๐Ÿฑ๐—• ๐—œ๐—ฃ๐—ข: ๐—ง๐—ถ๐—ด๐—ฒ๐—ฟ ๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น & ๐—ช๐—ฎ๐—น๐—บ๐—ฎ๐—ฟ๐˜โ€™๐˜€ ๐—•๐—ถ๐—ด ๐—•๐—ฒ๐˜ ! โ€ข PhonePe is planning to raise approx . $1โ€“2 billion at a valuation of $15 billion via an IPO. โ€ข In FY24, PhonePe reported โ‚น5,064 crore in revenue, with a

See More
2 Replies
4
Image Description

Chamarti Sreekar

Passionate about Pos...ย โ€ขย 4m

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

See More
1 Reply
2
14

Mahendra Lochhab

Content creatorย โ€ขย 4m

Tata Capital eyes $11 billion valuation for India IPO

Reply
3
Image Description
Image Description

Account Deleted

Hey I am on Medialย โ€ขย 5m

Lenskart IPO Also Coming Soon! โ€ข Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion. โ€ข In FY24, Lenskart generated โ‚น5,427 crores in revenue, a 23% increase from the last financial year

See More
12 Replies
1
7

gray man

I'm just a normal gu...ย โ€ขย 2m

Walmart-backed PhonePe has transitioned into a public company, a significant move toward launching its initial public offering (IPO). According to its regulatory filing, the startup received shareholder approval during an extraordinary general meeti

See More
Reply
10

Vikas Acharya

Building WelBe| Entr...ย โ€ขย 3m

Meesho plans $1 billion IPO at $10 billion valuation Meta-backed e-commerce company Meesho is planning to list on stock exchanges around Diwali this year, aiming to raise around $1 billion in an initial public offering (IPO) at a valuation of $10 bi

See More
Reply
2
Image Description
Image Description

Mahendra Lochhab

Content creatorย โ€ขย 5m

India's largest stock broker Groww is planning to IPO at valuation of $6-$8 billion: reports

6 Replies
1
21
Image Description

Chamarti Sreekar

Passionate about Pos...ย โ€ขย 5m

๐Ÿšจ Reliance Jio gears up for the 2025's biggest IPO with a $120 billion valuation.

1 Reply
2
20
Image Description

mg

News & updatesย โ€ขย 3m

Ather Energy IPO EV maker ather Energy plans IPO at $1.2 billion (Rs 10,400 cr) valuation, Eyes $400 million (Rs 3487 cr) raise by April

1 Reply
1
15

Download the medial app to read full posts, comements and news.