Tag: phonepe
ETtech In-depth: Banned in India, but it’s business as usual for offshore real money gaming firms
Six months ago, when the government pulled the plug on real money gaming and online betting, the industry came to a standstill with several domestic…
PhonePe targets IPO valuation lower than at its last funding round| Business News
PhonePe Ltd., India’s largest payments app controlled by Walmart Inc., is aiming for a valuation of $9 billion-10.5 billion in an IPO in 2026, according…
PhonePe files draft IPO papers via confidential route
PhonePe has filed its draft red herring prospectus (DRHP) with Sebi through the confidential route, a company spokesperson said on Wednesday. The Walmart-backed digital payments…
PhonePe narrows loss in FY25 as revenue jumps 40% to Rs 7,115 crore
Aided by a surge in revenue, Walmart-backed PhonePe narrowed its net loss by 13.4% in fiscal year 2025 to Rs 1,727.4 crore, from Rs 1,996.1…
RBI imposes Rs 21 lakh penalty on PhonePe
The Reserve Bank of India on Friday said it has imposed a penalty of Rs 21 lakh on PhonePe Limited for non-compliance with certain norms…