Business News

The Walmart-Backed Phonese prepares for the Indian market debut

Mumbai (Reuters) – Walmart-Backed Phoney Indian Signature is the preparation preparation for a public list in the country, the company said on Thursday.

“You grow fort of the top of the top of the top of the top of his own starting portfolio, as detailed in FY23-24, answer this one time adjusted to prepare a threat publishes a statement.

The phone, that has been founded in 2016, left a profile for a first time in a fiscal year 2024, which obtain a foop of the stolen of the property, in comparison

Its rived jumped 74% to more than 50 billion rupees in the report period.

The Indian’s Bot Hottouch seen a lot of 2024, with many businesses launching to his Hipo, but a darfership is pissed on the shower of the investment.

The phone, moving their domicile to India by Singapore in October 2022, don’t give a timeline for when you intend to fit a public apperatory.

The phone is between the more used apps used in India to make aware payments of the India Payments of India (UPI). Their part of the UPI payments were at 48.4% in the 2025 of January.

Has more than 590 million registered users more than 40 million merry. Processed more than 310 million online transaction daily.

Phonepe’s rival pay-in-scaling pays as a One7 Communications, FiliD for a 183-Billion-Rupee IPO in 2021.

Paytm was traded to 75555 rupees in the market near the Thursday, significantly down by its listing price of 1,950 rupees in 2021.

(Report by Siddhi Nayak; Edit by Tasim Zahid)


https://media.zenfs.com/en/reuters-finance.com/825966ff5fd67d1d4981aab03829d5f1

2025-02-20 16:13:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button