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phonepe

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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23
Sep

Is a PhonePe IPO several years away?

Walmart-backed PhonePe is one of India’s most successful fintech startups, yet nearly a decade on from its founding, the company still has no clear plans for an initial public offering (IPO). One reason for the delay may be that a giant multinational retail chain owns most of the company (85%),…
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Established in 2007, Kapronasia, an Atlas Technologies Group Company, is a leading consulting and market research firm specializing in fintech, banking, payments, and capital markets. Our services aim to equip clients across the region with the necessary insights to capitalize on their most valuable opportunities and maintain a competitive edge in the market.

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