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PHONEPE NET LOSS
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....- 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...
- 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...
- Paytm ahead in merchant payments, PhonePe leads consumer play: Bernstein reportThe two companies’ payment margins are similar if PhonePe’s P2P volumes are adjusted for, showing that both are at nearly the same level wi...
- PhonePe’s IPO gamble: Can UPI dominance finally pay off?Fintech giant PhonePe is preparing for its public listing. Its massive scale in UPI payments is a key strength. The company is now focused ...
- Digital payments firm PhonePe gets Sebi approval for $1.5-billion IPOPhonePe has received Sebi approval for its $1.5 billion IPO, which could value the Walmart-backed fintech at around $15 billion. The compan...
- PhonePe gets Sebi nod for IPO; Microsoft, Walmart to pare stake in OFSWalmart-backed PhonePe has secured Sebi approval for its IPO, clearing a major hurdle for one of India’s biggest fintech listings. The $14....
- PhonePe collaborates with OpenAI to roll out ChatGPT features for Indian usersPhonePe is bringing ChatGPT to its users. This collaboration with OpenAI aims to make advanced AI accessible in India. Users can now explor...
- PhonePe files draft prospectus for $1.5 billion IPO with Sebi through confidential routePhonePe, supported by Walmart, has confidentially filed its DRHP with SEBI. The digital payments platform reduced its net loss by 13.4% to ...
- 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 ropes in bankers for launching IPOCountry's biggest fintech firm PhonePe has roped in bankers -- Kotak Mahindra Capital, JPMorgan Chase, Citigroup and Morgan Stanley -- for ...
- 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 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...
- PhonePe FY24 operating revenue up 74% to Rs 5,064 crore, loss down 29%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...
- PhonePe slashes 60% of its customer support agents over 5 years in AI eraPhonePe has reduced customer support staff by 60% in five years, leveraging AI-driven chatbots to resolve over 90% of issues, amidst a 40-f...
- PhonePe poured bulk of Rs 800 crore investments into insurance businessThe infusion of Rs 426 crore to PhonePe Insurance Broking Services points to the payment company's bullish bet on the segment. PhonePe has ...
- Flipkart valuation declines by over Rs 41,000 crore in two yearsThe valuation of the ecommerce firm declined to $35 billion as of January 31, 2024, from $40 billion in the financial year ended on January...
- PhonePe among top fintech companies with $1.3 trillion total payment value: WalmartWalmart, the world's biggest retailer, said its digital payments firm PhonePe has a total payment value (TPV) of $1.3 trillion, equalling s...
- PhonePe revenue up 85%, losses down 44% in FY21PhonePe, which competes with Paytm, Google Pay and Amazon Pay, has reported marginally lower net loss of Rs 1,727 crore for the period.
- PhonePe’s FY19 loss at Rs 1,907 croreA key reason for the wider loss was higher employee cost and marketing spending that more than doubled.
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