Phonepe

Newer UPI apps, Sachin Bansal-led Navi and Flikart Group’s super.money, along with NPCI’s subsidiary BHIM app, has gained market share over the last couple of years

PhonePe’s Pincode shuts quick commerce, B2C verticals; focus only on B2B

Pincode is the second company to shut quick commerce, months after Dunzo paused operations amid intensifying competition from Blinkit, Swiggy’s Instamart and Zepto

Pay your income tax the easy way, use Paytm, PhonePe or Google Pay

A quick way to clear your tax dues from your phone, without bank logins or branch visits.

Increase UPI limits on PhonePe, Google Pay, Paytm and more

Banks set different caps, and apps follow those rules, so knowing where to change the limit saves time and failed-payment stress.

From FOMO to Function: Can AI transform India’s fintech and banking backbone

Despite the AI buzz, India’s fintech and banking players are treading cautiously, experimenting, not overhauling, as they balance innovation with regulation in one of the world’s most tightly governed financial sectors.

General Atlantic pumps $600 mn into PhonePe ahead of IPO

The latest round, aimed at helping employees meet ESOP-related tax obligations, doubles General Atlantic’s stake to 9% as PhonePe gears up for a $1.35 billion public listing.

PhonePe subsidiaries double revenue, now make up 9% of total income

Fintech major PhonePe's diversification efforts have shown promise, with revenue soaring, however, the company is yet to achieve profitability.

Walmart owned PhonePe files for mega IPO of around Rs 12,000 crore via confidential route

The proposed IPO is a pure OFS or offer for sale with participation from Walmart and investors Tiger Global and Microsoft

IPO-bound PhonePe's FY25 revenue rises 40%, adjusted PAT up 220%

Phonepe's adjusted EBITDA (excluding ESOP costs) more than doubled to Rs 1,477 crore from the previous year

PhonePe gets RBI nod to operate as online payment aggregator

The aggregator license is part of the RBI’s regulatory framework aimed at tightening oversight of digital payment intermediaries and ensuring consumer protection.

PhonePe, Paytm, Cred shut down rent payment services amid RBI curbs

The move follows the Reserve Bank of India’s (RBI) tightened Payment Aggregator (PA) and Payment Gateway (PG) guidelines, issued on September 15, which bar PAs from facilitating payments to entities with whom they lack a direct contractual relationship.

PhonePe and SMFG India Credit join hands to offer collateral-free credit to micro-merchants

PhonePe said the collaboration will offer SMICC's lending expertise through PhonePe's reach, enabling easier credit access for underbanked micro-merchants.

RBI imposes Rs 21 lakh penalty on PhonePe

In a statement, the RBI said a statutory inspection of the company was conducted by the central bank with reference to its operations for the period from October 2023 to December 2024

PhonePe, Google Pay's UPI market share slips as Navi, super.money gain ground

To be sure, IPO-bound PhonePe still dominates the UPI payments landscape, with a little over 45 percent market share, so these figures do not shift the competitive landscape materially

PhonePe to file for IPO via confidential route by September-end

IPO likely to be sized at Rs 10,000–13,000 crore ($1.2–1.5 billion) and will be a mix of fresh issue and offer for sale. Walmart, Tiger Global and General Atlantic likely to be among the key investors who might seek part-monetisation via the IPO

Online gaming law: Payment companies seek sufficient time from MeitY and RBI for processing customer refunds, chargebacks

During a meeting held on August 29, government officials also sought suggestions from the industry on the rules for the Promotion and Regulation of Online Gaming Act, 2025

PhonePe partners with SBI Card for second co-branded card after alliance with HDFC Bank

Ahead of its upcoming IPO, the country’s largest mobile payments player is looking to augment its revenue with multiple cobranded credit card partnerships

PhonePe ropes in former Meta India policy head Shivnath Thukral ahead of IPO

Shivnath Thukral will be part of the leadership team at PhonePe and work closely with founders Sameer Nigam and Rahul Chari to strengthen policy engagement and drive strategic initiatives

PhonePe, HDFC Bank launch co-branded RuPay credit card with UPI integration

PhonePe enters co-branded credit card space with UPI-enabled offering in partnership with HDFC Bank

Walmart’s PhonePe is said to seek $1.5 billion for India IPO: Report

The deal would value the fintech company at about $15 billion, and PhonePe is planning to submit a draft red herring prospectus for the listing by as early as August, says report

Razorpay enters consumer UPI space, leads $30 million investment in payments platform POP

As per the NPCI database, POP is currently the 21st largest UPI player in the country, processing 13.6 million transactions in May 2025, with a total transaction value exceeding Rs 500 crore.  

PhonePe appoints former Standard Chartered CEO Zarin Daruwala to the board ahead of IPO

Daruwala, a veteran with over three decades of banking experience, retired from Standard Chartered in April after serving as the CEO for nine years. Before that, she was with ICICI Bank for 26 years.

PhonePe designates top officials as key management personnel after turning into public company

The Walmart-owned PhonePe is the country’s largest mobile payment company with close to 50 percent market share

Billdesk co-founder MN Srinivasu is new IAMAI chairman, replaces Dream Sports CEO Harsh Jain

PhonePe CEO Sameer Nigam and Razorpay CEO Harshil Mathur have also been elected to the governing council, which in the past has been accused of toeing the line of 'big tech' firms

Several UPI users affected after PhonePe's disaster recovery drills created capacity constraint

PhonePe is the largest UPI player with 47 percent volume and over 50 percent value market share