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Vaibhav Babruwan Shingde

Studentย โ€ขย 3m

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.

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Vaibhav Babruwan Shingde

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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

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Udyamee

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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?

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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

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Vaibhav Babruwan Shingde

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