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    • Google Play Store policy revamp: Founders see boost to monetisation but flag delayed India rollout

      Google recently announced major changes to Play Store policies including lower app commissions, registered third-party stores and external billing option.

    • Walmart-backed PhonePe targets up to $10.5-bn valuation in IPO: Report

      Walmart will trim its stake in PhonePe by ‌about 12% in the firm's initial public offering, while Tiger Global and Microsoft plan to exit their stakes, according to the firm's IPO filing

    • Smaller IPOs slow down as market turns selective, valuations trimmed; foreign banks gain ground

      Indian IPO markets have cooled, with valuations down 25-30% from 2024 peaks as foreign and retail investors retreat.

    • Will PhonePe’s IPO trigger a rerating for Paytm shares?

      At that valuation, PhonePe would be worth 60-90% more than Paytm, despite being EBITDA negative, while Paytm is EBITDA positive

    • PhonePe’s high ESOP expenses a drag on EBITDA margins, Macquarie report

      Walmart-owned payment firm's ESOP payments, which have exceeded Rs 2,000 crore for three consecutive years, are expected to continue the trend this fiscal as well

    • Rent payments make a comeback on payment apps, PhonePe stays out ahead of IPO

      While some of the payment companies have restarted the rent payment with work-arounds and caution, IPO-bound PhonePe wants to stay away from any regulatory grey-area

    • PhonePe files IPO papers: Walmart to cut 9% stake; Microsoft, Tiger Global seek exit

      PhonePe IPO | The public issue comprises of entirely an offer-for-sale of 5.06 crore equity shares by existing shareholders including promoter WM Digital Commerce Holdings, with no fresh issue component.

    • PhonePe gets SEBI nod for India's second largest fintech IPO, likely to seek $15-billion valuation

      The stage is set for PhonePe’s listing in the Indian stock markets as the company continues to reign in UPI payments segment with around 45 percent market share

    • IPO-bound PhonePe nears 10 billion monthly UPI transactions

      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

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