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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 leadership is stable, concerns about profitability and maintaining market share as it diversifies its services are important for potential investors to consider.

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Inactive

Stealth • 4m

🚨 UPI market share in July, 2024. (NPCI) PhonePe - 48.3% Google Pay - 37% Paytm - 7.8% Others - 6.9% What do you use?

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Anonymous

Ather Energy set a record in October by dispatching 20,000 scooters Driven by strong demand for its new Rizta model This boosted Ather's market share to 14.3%, with sales up 141.8% year-over-year as India’s EV market grew 70%

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Mr Z

Stealth • 4m

🚨 Market Share of UPI Apps (July 2024) • PhonePe - 48.3% • Google Pay - 37% • Paytm - 7.82% • Others - 6.88% CRED is Now The 4th Largest UPI Player.

1 replies6 likes
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Vaibhav Babruwan Shingde

Stealth • 7d

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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Anonymous
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Reliance laid off 42,000 employees in FY24 Reliance Industries laid off around 42,000😨 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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Anonymous

🤯 ITC 🔥 ITC paid over Rs 1 crore annual salary to 350 employees in the financial year 2023-24 (FY24), the company said in its annual report. This is 68 more employees than the 282 employees who received over Rs 1 crore salary in the financial ye

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Shrinivas Bhalerao

Stealth • 8m

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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kapil jadhav

Stealth • 8m

Zomato Is Beating Swiggy In The Food Delivery Race! Swiggy posted Rs 8,265 Cr revenue in FY23, but its losses climbed to Rs 4179 Cr. With that its outstanding losses reaches to 27,000 Cr. Swiggy is looking to turn profitable by the second half of th

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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

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Manas Thota

Stealth • 1m

Can someone please explain me how the share market works as I was always fascinated by its approach. ?

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