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
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Ashish Singh
Stealth • 7d
phonepe have 48% market shares and google pay 37% and paytm 7%
I was a user of Google Pay and Paytm but once I started using Phonepe, nothing else was good enough.
7 replies14 likes
Uttkarsh Singh
Stealth • 10m
Google pay is shutting down its US business, Paytm is already struggling here in India, Google playstore is delisting some apps but in all this; PhonePe is launching the Indus App store, interesting 🙂
8 replies14 likes
Vishnu kumaran
Stealth • 10d
Why does capturing the market matter more than anything?
Let's take UPI as an example. While other UPI apps took time to build an excellent, cutting-edge product, Google Pay and PhonePe started by releasing their MVP first and later improved their
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3 replies2 likes
Vaibhav Babruwan Shingde
Stealth • 8m
As you see in the picture , UPI is skyrocketing since 2016 to 2024 to approx . 8B transactions .
• companies like Phonepe,Google pay are dominating the market with atleast 80% market share , Paytm market share fall from 13 to 9%.
• Government will
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4 replies3 likes
Ashish Singh
Stealth • 7d
PhonePe is set to launch its IPO, showcasing impressive revenue growth of 74% year-on-year, reaching INR 5,064 crore in FY24. With a 50% market share in India's UPI transactions, it faces competition from Google Pay and Paytm. While the company's lea
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0 replies5 likes
Laxit Rana
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Repute • 3m
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
Paytm will bounce back ‼️
The company excels in management and is innovative in finding ways to generate revenue.
Don't know why but I am biased toward Paytm and want it to succeed and overcome its current challenges.
Yesterday, I bought some Pay