PhonePe IPO: How the company's large user base supports expansion beyond payments
PhonePe's Draft Red Herring Prospectus reveals operational revenue of ₹3,918 crore in H1 FY26, driven largely by payments. Despite a net loss of ₹1,444 crore, the company processed 48% of India’s UPI transactions, underscoring the importance of transaction volume to revenue.
PhonePe's Draft Red Herring Prospectus reveals operational revenue of ₹3,918 crore in H1 FY26, driven largely by payments. Despite a net loss of ₹1,444 crore, the company processed 48% of India’s UPI transactions, underscoring the importance of transaction volume to revenue.
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