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PHONEPE FINANCIAL RESULTS
Pocket FM begins reverse flip talks; eyes potential India IPOAudio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to India, signalling potential plans...- Insurance companies see a growth path in ecommerce, fintech embedded modelsEmbedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Start...
- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
- UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in MarchUPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sect...
- Palo Alto Networks acquires Portkey; Tim Cook on Apple's India growthPalo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and more in today's ETtech Top 5.
- What led to PhonePe delaying its IPO? Beyond war, valuation a major concernPhonePe IPO delayed: PhonePe has postponed its $1.3 billion IPO due to volatile markets, valuation concerns and geopolitical tensions. The ...
- IPO-bound PhonePe H1 revenue rises 22%, but losses expand; eyes April listingPhonePe's net loss widened to Rs 1,444 crore from Rs 1,203 crore a year earlier, driven by a sharp rise in expenses, according to its IPO p...
- The tech bets that are making PhonePe unstoppablePhonepe News: As PhonePe heads toward a reported $1.5 billion IPO following a confidential DRHP and robust FY25 results, here’s a look at t...
- Why Flipkart can't do a PhonePePhonePe and Flipkart, both Walmart-owned, are taking different IPO routes. PhonePe is prioritizing a public listing due to its market leade...
- PhonePe narrows loss in FY25 as revenue jumps 40% to Rs 7,115 crorePhonePe, backed by Walmart, reduced its net loss in fiscal year 2025. The fintech firm's revenue increased significantly. Payment services ...
- IPO-bound PhonePe trims FY25 loss to Rs 1,720 crore as revenue jumps 40% YoY to Rs 1,998 crorePhonePe FY25 results: IPO-bound PhonePe, backed by Walmart, has significantly reduced its losses to Rs 1,720 crore in FY25, a 13.9% improve...
- IPO-bound PhonePe announces UPI payments on feature phonesPhonePe i roll out UPI payments tailored for feature phone users, leveraging its recent acquisition of GSPay technology. This innovative fe...
- PhonePe converts to public company ahead of planned IPOAs part of the transition, the firm has also changed its name from "PhonePe Private Limited" to "PhonePe Limited.” Walmart chief executive ...
- PhonePe posts 74% jump in FY24 revenue to Rs 5,064 crore“We believe a focus on disciplined financial management will help us continue in the progression towards profitability of our payments busi...
- Flipkart's path to profitability will decide IPO timing, says Walmart CFOWalmart sees financial services as a growth opportunity, with PhonePe and Flipkart driving monetisation prospects. A report by Bernstein Re...
- PhonePe beefs up board with former revenue secretary, two Walmart executivesPhonePe, the Walmart-backed digital payments major, has strengthened its board of directors with the induction of Tarun Bajaj, former reven...
- PhonePe is set to launch consumer lending by January 2024To begin with, the Walmart backed company will work as a distributor for personal loans, as it slowly builds up credit underwriting heft. T...
- Flipkart logs double-digit sales growth, adds to Walmart netJudith McKenna, president and CEO of Walmart’s international business, said that the company is pleased with PhonePe’s progress and that it...
- PhonePe separation official; online payments firm to be India-domiciled nowHive-off comes on the back of PhonePe’s funding round of $1.5-2 billion at a valuation of $12 billion
- Flipkart partially spins off PhonePe, Binny Bansal to join board of fintech companyFlipkart co-founder Binny Bansal will join PhonePe's board of directors, along with the fintech company's co-founders Sameer Nigam and Rahu...
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