Finding my self 😶�... • 10m
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 Medial • 8m
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
Founder @KraftBags.s... • 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
See More
Hey I am on Medial • 10m
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
See More
Believe me, it’s not... • 1y
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
See MoreDownload the medial app to read full posts, comements and news.