Kapronasia

Insight

1
Nov

PhonePe cuts losses by 28% in FY2024

Walmart-backed PhonePe is one of India’s most prominent fintech startups, perhaps the best known after Paytm. With the backing of the retail chain juggernaut, which owns 85% of the company, PhonePe does not seem to face the same kind of pressure for an exit as startups dependent on venture capitalists.…

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Established as part of the Atlas Technologies Group and building on the legacy of Kapronasia (founded in 2007), Atlas Technologies Singapore is a strategic consulting and market research firm specializing in fintech, banking, payments, and capital markets across Asia Pacific.

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