Tag: PhonePe

PhonePe appoints Srijon Biswas as CTO to lead engineering and drive innovation for millions of users.

PhonePe clarified that inactive wallet fees won't impact linked bank accounts or UPI transactions.

PhonePe maintained its UPI dominance in May with 10.73B transactions, capturing 46.3% volume share.

UPI crossed 23 billion monthly transactions in May 2026, setting a new record for India’s payments network.

Ujjwal Jain, CEO of PhonePe’s Share.Market, has stepped down after four years, hinting at a relaunch.

PhonePe has crossed 50 million registered merchants and spans over 98% of India’s postal codes as of April.

PhonePe crossed 10 billion UPI transactions in March, capturing about 46.4% of the total UPI volume.

PhonePe has paused its IPO plans due to global market volatility and valuation mismatches triggered by geopolitical tensions.

PhonePe has paused its IPO plans amid geopolitical tensions and market volatility, affecting other startups.

PhonePe's DRHP shows significant shareholder exits and regulatory shifts impacting revenue streams ahead of IPO.