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PHONEPE STOCKBROKING
PhonePe’s Share.Market CEO Ujjwal Jain steps downUjjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling it a "relaunch" for his next vent...- 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...
- 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...
- 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...
- PhonePe prepares for $1.5 billion IPO: All you need to knowPhonePe is preparing for a $1.5 billion IPO in 2025, targeting a $15 billion valuation. The fintech firm has shown strong revenue growth an...
- Walmart-backed PhonePe files confidential IPO papers to raise $1.5 billionPhonePe, the Walmart-backed Indian fintech giant, has confidentially filed for an IPO, aiming to raise approximately Rs 12,000 crore ($1.35...
- 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 ...
- Groww, Zerodha lose active client base in 2025; smaller rivals gain groundThe slowdown in client growth and trading activity follows regulatory curbs on F&O, popular among retail investors because of their low cap...
- Active user base of major stockbrokers drops by a million this year amid regulatory tighteningAccording to NSE data, the combined active investor base of major platforms, including initial Groww, Zerodha, Angel One, Dhan, Paytm Money...
- PhonePe’s 5% dilemma: Payments still dominate revenue as it gets IPO-readyPhonePe, backed by Walmart, is preparing for an IPO. The company's revenue heavily depends on its payments business. Financial services con...
- 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 ...
- NPCI set to launch Asba-like facility for secondary market from JanuaryThis facility is similar to Asba (applications supported by blocked amount), used for blocking funds and undertaking multiple debits, popul...
- Angel One Q2 Results: Profit zooms 43% to Rs 305 croreHowever, Angel One said the prohibition did not affectits client acquisition, which rose nearly 80% during the quarter, while the total num...
- IT sector drives strong PE interest; Dunzo delays June-July pay yet againData shows the number of private equity (PE) firms holding stakes in Indian IT services companies has doubled between 2019 and 2022 as inve...
- PhonePe enters stockbroking; Swiggy tests bundling for ‘One’ subscriptionsPhonePe said in a statement that Share.Market will elevate discount broking through ‘WealthBaskets’, a market research-based technology pla...
- PhonePe chalks up further $100 million from General Atlantic; more expectedPrivate equity, co-investors have infused $450 m in ongoing fundraise, may go up to $600m
- PhonePe racks up additional $200 million from Walmart in ongoing fundraiseThe round is being raised at a pre-money valuation of $12 billion, making PhonePe the most valuable fintech in the country, surpassing paym...
- PhonePe lands $100-million top-up at $12-billion valuationThe fintech startup in January had raised $350 million from General Atlantic; plans $1-billion primary fundraise.
- PhonePe receives insurance broking licence from IRDAIPhonePe can now distribute insurance policies from all companies across categories thereby helping the firm diversify its offerings while a...
- PhonePe is planning to enter the stockbroking businessPhonePe is is awaiting a stockbroking licence from SEBI to join fintech peers Zerodha, Upstox and Paytm in the battle for market share in t...
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