PhonePe
TMT
PhonePe continues to earn nearly entire revenue from payments business
Walmart-owned financial services firm PhonePe, last valued at about $12 billion, continued to derive around 95% of its operating revenue from ......
People
TVS Capital appoints former McKinsey exec as partner
Private equity firm TVS Capital Funds (TCF), which has invested in the likes of GoDigit, PhonePe, and InsuranceDekho, has roped ......
TMT
PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable
Walmart-owned digital payments firm PhonePe’s revenue rose 74% year-on-year in the financial year ended March 2024, aided by the company’s ......
TMT
How India's top-funded startups curbed cash burn as VC funding slowed
India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......
TMT
Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again
India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......
TMT
India's top-funded tech startups reined in FY23 losses as revenue growth slowed
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......
TMT
Separating fact from fiction: how many unicorns does India really have?
Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......
General
Flashback 2023: Private investments and M&As take a hit as investors show caution
India’s private investment scenario was more or less grim through 2023 as investors shifted stances, tweaked criteria and took more ......
TMT
Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town
This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......
Finance
PhonePe backer General Atlantic confidentially files for US IPO
Private equity firm General Atlantic has confidentially filed for a U.S. initial public offering, Bloomberg News reported on Monday, citing ......
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