Finding my self ๐ถโ๏ฟฝ...ย โขย 1y
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 leadership is stable, concerns about profitability and maintaining market share as it diversifies its services are important for potential investors to consider.
Hey I am on Medialย โขย 10m
๐ฃ๐ต๐ผ๐ป๐ฒ๐ฃ๐ฒโ๐ $๐ญ๐ฑ๐ ๐๐ฃ๐ข: ๐ง๐ถ๐ด๐ฒ๐ฟ ๐๐น๐ผ๐ฏ๐ฎ๐น & ๐ช๐ฎ๐น๐บ๐ฎ๐ฟ๐โ๐ ๐๐ถ๐ด ๐๐ฒ๐ ! โข PhonePe is planning to raise approx . $1โ2 billion at a valuation of $15 billion via an IPO. โข In FY24, PhonePe reported โน5,064 crore in revenue, with a
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Hey I am on Medialย โขย 10m
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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Founder @KraftBags.s...ย โขย 1y
Acquiring a majority stake in Pegatron Corp.'s iPhone manufacturing operations in India grants Tata Group access to advanced technology and manufacturing expertise, bolstering its position in the global smartphone market. This move diversifies Tata's
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Hey I am on Medialย โขย 1y
Reliance laid off 42,000 employees in FY24 Reliance Industries laid off around 42,000๐จ employees in FY24 compared to a year ago, according to its latest annual report. RILs employee strength stood at 347,362 in FY24 compared to 389,414 in FY23, me
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Believe me, itโs not...ย โขย 1y
A few days ago, Flipkart introduced its new UPI service, Supermoney. โฎ๏ธThe 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
See MoreHey I am on Medialย โขย 1y
PhonePe IPO Is Coming! โข PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion. โข In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion. โข PhonePe dominates the UPI payments business with a
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