๐ ToneTag Raises $78M to Power the Future of Digital Payments! ๐
Bengaluru-based ToneTag, a pioneer in voice commerce and soundwave-based payments, has secured $78 million (โน674 crore) in a Series B2 funding round led by ValueQuest S.C.A.L.E. Fund
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Anonymous 2
Hey I am on Medialย โขย 2m
Competition with UPI giants is risky. ToneTag needs serious partnerships with banks or retailers to survive against entrenched players like PhonePe, Google Pay, and Paytm.
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M S Shaikh
Hey I am on Medialย โขย 1y
What will be the future of Paytm? Paytm is First Mover But now phonepe has 47.2% share of UPI transactions
UPI Market Share,December 2024
1- PhonePe - 47.7%
2- Google Pay - 36.7%
3- Paytm - 6.87%
4-Others - 8.73%
Phonepe alone have almost 50% market share.
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Vishu Bheda
Transforming vision ...ย โขย 8m
๐จ Market Share of UPI Apps (July 2024)
โข PhonePe - 48.3%
โข Google Pay - 37%
โข Paytm - 7.82%
โข Others - 6.88%
CRED is Now The 4th Largest UPI Player.
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AprameyaAIย โขย 8m
๐จ UPI market share in July, 2024. (NPCI)
PhonePe - 48.3%
Google Pay - 37%
Paytm - 7.8%
Others - 6.9%
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Case Study: PhonePe โ India's UPI Leader
Founded in 2015, PhonePe dominates India's digital payments landscape.
Stats:
Users: 350M+ registered
Market Share: 40%+ of UPI transactions
Business Model: Transactions, financial services, advertising.
R
Paytm shareholders are ignoring this? ๐๐
The fintech giant was the only UPI app to be making money on UPI. And now thatโs no more possible.
Here's all you should know!
..
The thing is, NPCI (via Govt grants) compensates the banks to up keep the
๐ UPI hits historic highs in January 2025!
PhonePe leads with 48.4%, Google Pay follows at 36.9%, and Paytm holds 6.9%. ๐
Over 16.99 billion transactions worth โน23.48 lakh crore โ marking the highest figures recorded in any single month since UPI's
