UPI Soars to Over 23 Billion Monthly Transactions in May
UPI crossed 23 billion monthly transactions in May 2026, setting a new record for India’s payments network.
Tag: PhonePe
Ujjwal Jain Resigns as CEO of PhonePe’s Share.Market
Ujjwal Jain, CEO of PhonePe’s Share.Market, has stepped down after four years, hinting at a relaunch.
PhonePe Celebrates Milestone of 50 Million Registered Merchants as UPI Continues to Thrive
PhonePe has crossed 50 million registered merchants and spans over 98% of India’s postal codes as of April.
PhonePe Achieves Milestone of Over 10 Billion UPI Transactions in March
PhonePe crossed 10 billion UPI transactions in March, capturing about 46.4% of the total UPI volume.
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.
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.
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