The Startup India Insight

PhonePe


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“PhonePe In 2024: Paving The IPO Path With ₹5,000 Crore Revenue”

PhonePe, one of India’s leading fintech companies, is already operating with the transparency and governance expected of a public limited company. In 2024, the company released its annual report, a significant step showcasing its financial discipline and commitment to accountability. PhonePe Report  The report includes consolidated and standalone financial numbers, giving stakeholders a clear insight […]

“PhonePe Cofounders Announce 1 Million Dollar Grant To Alma Mater For Innovation”

Sameer Nigam and Rahul Chari, the cofounders of PhonePe, have announced a generous grant of $1 million to their alma mater, Sardar Patel Institute of Technology (SPIT), Mumbai. This announcement was made during the celebration of the 25th anniversary of the institute’s 1999 graduating batch. SPIT Infrastructure  The substantial donation aims to enhance SPIT’s infrastructure, […]

PhonePe Stop Working With Third Party

PhonePe, launched in December 2016, has grown into one of the most trusted online payment platforms in India. Today, PhonePe has transformed the experience of making online payments. PhonePe Big Step PhonePe has decided to end its partnership with a third-party provider and is now set to collaborate with Juspay. This strategic shift has been […]

Flipkart and PhonePe Near Profitability: Walmart CFO Optimistic

Flipkart and PhonePe, two major players in the Indian e-commerce and fintech sectors, are showing promising signs of profitability. According to Walmart CFO, improving losses and substantial growth in payment volumes are giving Walmart a lot of confidence in their financial future. This article delves into the financial outlook and strategic advancements of Flipkart and […]

ixigo Expands Partnership with PhonePe: Flight and Bus Bookings

In recent developments, ixigo Expands Partnership with PhonePe which is a leading digital payments platform in India. This strategic move aims to offer PhonePe users seamless access to a wider array of travel booking services directly through the PhonePe app. Introduction to the Partnership The expanded partnership between ixigo and PhonePe marks a significant milestone […]

PhonePe Launches Indus Appstore: Revolutionize App Distribution

Recently PhonePe Launches Indus Appstore which help it to expand its ecosystem in the industry. The company is now in discussions with smartphone manufacturers to pre-install the Indus Appstore on their devices. This move aims to boost the reach and accessibility of the app marketplace, positioning it as a formidable competitor in the app distribution […]

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