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PhonePe also continues to receive strong corporate backing from major global institutional investors, with Walmart (via WM Digital Commerce Holdings Pte Ltd) retaining a dominant 73.33% stake. File | Photo Credit: The Hindu Demonstrating strong top-line momentum, PhonePe’s consolidated revenue from operations rose to ₹7,920 crore in FY26, according to regulatory filings with the Registrar…
Phonepe is part of other payment aggregators like MobiKwik which filed for IPO. File. | Photo Credit: K. Murali Kumar Walmart-backed payments aggregator PhonePe has filed for an Initial Public Offering, according to company spokesperson. “PhonePe Limited has filed the Pre-filed Draft Red Herring Prospectus with SEBI and the Stock Exchanges, under Chapter IIA of…
Sameer Nigam argued that the bill was “unfair” to people like him New Delhi: PhonePe CEO and co-founder Sameer Nigam has opposed the Karnataka government’s private jobs quota bill, which aims to reserve a significant portion of jobs in the private sector for locals. In a post on X, Mr Nigam, who said he has…
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PhonePe Group has also expanded into financial services, consumer tech businesses (Representational) Colombo: PhonePe on Wednesday announced a partnership with LankaPay to allow its users to pay using UPI across Sri Lanka. At an event to mark the collaboration, PhonePe said its app users travelling to Sri Lanka can make payments using UPI across LankaPay…
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Representational Image New Delhi: India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration. The National Payments Corporation of India (NPCI), the quasi-regulator, will extend by as much as two years…