PhonePe dominates India’s UPI market with a 47% share and 590 million registered users..The company reported ₹5,064 crore revenue in FY24, reflecting 73.8% year-on-year growth..Despite a ₹1,996 crore net loss, PhonePe is progressing toward profitability and efficiency..Investors eye PhonePe’s IPO as it seeks to raise at least $1 billion in funding..Expansion into insurance, lending, and e-commerce boosts PhonePe’s long-term growth potential..Read More Stories .Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
PhonePe dominates India’s UPI market with a 47% share and 590 million registered users..The company reported ₹5,064 crore revenue in FY24, reflecting 73.8% year-on-year growth..Despite a ₹1,996 crore net loss, PhonePe is progressing toward profitability and efficiency..Investors eye PhonePe’s IPO as it seeks to raise at least $1 billion in funding..Expansion into insurance, lending, and e-commerce boosts PhonePe’s long-term growth potential..Read More Stories .Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp