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PHONEPE EBITDA
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.- Zepto trims cash burn before IPO, pitches profitability by FY29 to public market investorsQuick commerce firm Zepto is engaging institutional investors for its planned June-July IPO, aiming to raise capital amid intensifying comp...
- 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 ...
- PhonePe IPO at $15 billion: Can the marquee valuation trigger a re-rating for its rival Paytm?PhonePe’s proposed IPO at a $13–15 billion valuation could become a landmark fintech listing in India and may trigger a valuation re-rating...
- PhonePe takes its diversification to Dalal StreetPayments still power scale. But its updated draft red herring prospectus (UDRHP) shows that PhonePe’s monetisation story lies elsewhere.
- Indian IT's Anthropic bloodbath; Fractal CEO interviewIT stocks fall amid fears that new AI tools from Anthropic could threaten jobs. This and more in today's ETtech Top 5.
- 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 ...
- Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 croreJuspay reported a net profit of Rs 62 crore in FY25, marking its first profitable year. The Bengaluru-based firm saw its net revenue rise t...
- Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 croreFintech startup Juspay achieved its first year of profitability in FY25, reporting a net profit of Rs 62 crore after a loss in the previous...
- General Atlantic invests another $600 million in IPO-bound PhonePePhonePe has raised $600 million of new funding from General Atlantic (GA) as it gears up for a local listing early next year. The latest in...
- MapMyIndia shares crack 9% on likely 5% stake sale by PhonePe via block dealMapMyIndia's parent company, CE Info Systems, experienced a significant stock dip of 8.56% on the BSE following reports of PhonePe potentia...
- Evaluating the right time for Flipkart IPO: Walmart International CEODuring Walmart's quarterly analyst call, chief financial officer John David Rainey said that Flipkart grew by double digits for the first q...
- PhonePe FY23 revenues rise 77% to Rs 2,914 crore; payments business eyes operating profitThe company says the growth was driven by market expansion, leadership in the digital payments market, and the launch and scale-up of produ...
- Muted Q2 show from Wipro, LTIMindtree; PhonePe FY23 revenue surgesTwo major Indian IT companies — Wipro and LTIMindtree — posted subdued earnings for the second quarter. While Wipro’s consolidated net prof...
- PhonePe expects to achieve operational profit by 2025: CEO Sameer NigamWhile speaking on the sidelines of the launch PhonePe's stock trading platform Share.Market, Nigam said that PhonePe has now become a house...
- Exclusive: Reliance JioMart lays off 1,000 employees; govt groups may submit AI rules framework soonLayoffs have now hit Reliance Industries, with its wholesale format JioMart sacking over employees, as per people in the know. This and mor...
- Exclusive: Big payday for PhonePe founders post Flipkart Esop saleCofounders to receive $20-25 m each by liquidating stock options in erstwhile parent
- C E Info Systems offer more suited for long-term investorsThe company has a strong presence in the fast growing geospatial and mapping solutions with a clientele across government and private secto...
- Paytm to cut losses by 33% to $400 million: Vijay Shekhar SharmaPaytm has completely cut incentives on P2P UPI transactions after seeing a group of customers conduct millions of transactions of Rs 21 bet...
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