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PHONEPE LOSSES
Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...
Curefoods follows Flipkart, PhonePe to delay IPO plan amid choppy marketsCloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual funds resisted its Rs 4,000 crore ...
HDFC AMC reports cyber-security incident, activates containment protocolsHDFC AMC has reported a cyber-security incident. An anonymous source claimed access to its IT systems. The company is assessing the impact....
Flipkart pauses IPO discussions amid rising volatility in marketsWalmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowded pipeline of upcoming public issu...
Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
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...
Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
Haitong sees 26% upside in Paytm. Lists 4 reasons for buying the dipsHaitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside o...
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 ...
Walmart-backed PhonePe targets up to $10.5 billion valuation in Indian IPO: ReportWalmart-backed PhonePe aims for a $9 billion to $10.5 billion IPO, potentially raising up to $1.05 billion. This valuation marks a decrease...
Walmart-backed PhonePe targets up to $10.5 billion valuation in India IPOPhonePe is targeting a $9 billion to $10.5 billion valuation in its IPO, aiming to raise about $900 million to $1.05 billion. Backer Walmar...
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 ...
PhonePe begins IPO preparations to list in IndiaGiven its revenue growth trajectory and progress towards profitability, the Walmart-backed digital payments major feels this is a good time...
ETtech Explainer: why PhonePe investors paid Rs 8,000 crore to shift base to India?Investors of PhonePe had to pay Rs 8,000 crore in taxes to the Indian government after it shifted its domicile from Singapore to India in O...
PhonePe's revenue jumps 138%, losses narrow marginallyOverall losses, excluding Employee Stock Ownership Plan (Esop) costs, narrowed marginally to Rs 827 crore in the same period.
PhonePe's loss drops marginally to Rs 1,728 crore in FY21Digital payments firm PhonePe’s revenue from operations was Rs 690 crore in FY21, from Rs 371.7 crore in the previous fiscal year.
PhonePe FY19 loss surges to Rs 1,905 croreThe company's losses stood at Rs 791.03 crore for the year ended March 2018, as per regulatory documents.