Haitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside o...

According to the updated draft IPO papers filed last week, the contribution of payments to the Walmart-owned firm’s operating revenues decl...

Phonepe 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...

PhonePe, backed by Walmart, is preparing for an IPO. The company's revenue heavily depends on its payments business. Financial services con...

PhonePe has introduced UPI Circle, enabling primary users to manage payments for dependents and trusted contacts without linked bank accoun...

Sharing the details in its annual report for FY24, the Walmart-backed company said it reported an adjusted net profit of Rs 197 crore in th...

The company is the first digital payments app to have started charging for UPI-based transaction which is being offered for free by its com...

PhonePe, which competes with Paytm, Google Pay and Amazon Pay, has reported marginally lower net loss of Rs 1,727 crore for the period.

The large losses of the consumer-focused payments companies is similar to what’s been happening in the e-commerce space with Walmart-owned ...

While PhonePe has earmarked Rs 800 crore for marketing, Paytm plans to spend Rs 1,200 crore.

The current brand campaign of the company will feature four TV commercials with Aamir Khan and Alia Bhatt, which will be spread across digi...

A key reason for the wider loss was higher employee cost and marketing spending that more than doubled.

About 12 months ago, PhonePe had under 800,000 businesses on its platform, today it has over 5.8 million.

PhonePe, which recently crossed 3-billion-transactions landmark on its platform, is believed to be looking at a valuation in the range of $...

Payments company looking to raise up to $1 billion in external capital; it’s not clear how much Flipkart will divest.

PhonePe which leverages Unified Payments Interface in partnership with Yes Bank is entangled in stiff competition with Paytm and Google Pay.

As in e-commerce, top players are bleeding heavily in the payments space too as competition turns fierce.