PhonePe Hits the Brakes on IPO: Assessing the Factors Behind the Decision
PhonePe has paused its IPO plans due to global market volatility and valuation mismatches triggered by geopolitical tensions.
Tag: PhonePe
PhonePe Pauses IPO Amidst Turmoil from Iran-Israel-US Conflict
PhonePe has paused its IPO plans amid geopolitical tensions and market volatility, affecting other startups.
PhonePe’s Pre-IPO Shake-Up: Founders’ Rs 3,937 Crore Secondary Sale and Rs 1,500 Crore Impact from Credit Card Rentals and RMG Withdrawals
PhonePe's DRHP shows significant shareholder exits and regulatory shifts impacting revenue streams ahead of IPO.
“PhonePe Submits Revised DRHP; Walmart Set to Offload 9% Stake Through OFS”
PhonePe has filed its updated Draft Red Herring Prospectus (UDRHP) with SEBI for its IPO plan.
PhonePe Receives SEBI Approval for Upcoming IPO
PhonePe has received SEBI approval for its IPO, targeting up to Rs 12,000 crore in funds.
PhonePe Achieves Milestone of 9.8 Billion UPI Transactions in December; BHIM Surpasses CRED
PhonePe tightened its grip on India’s UPI ecosystem in December with 9.81 billion transactions worth Rs 13.61 lakh crore.
PhonePe Surges in November While Google Pay Experiences a Slight Decline
UPI recorded 20.47 billion transactions worth Rs 26.32 lakh crore in November, led by PhonePe.
PhonePe Achieves Milestone with 9.4 Billion UPI Transactions in October
PhonePe and Google Pay dominate UPI transactions in October, accounting for nearly 80% of the total.
SEBI’s Warning on Digital Gold: A Boon for Fintech Innovations
SEBI warns investors against unregulated digital gold, lacking protection and exposing them to risks.
General Atlantic Boosts PhonePe Investment to 9% with $600 Million Secondary Purchase
General Atlantic invested about $600M in PhonePe, boosting its stake to 9% from 4.4%. No liquidity provided.
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