CosmicTaco
CosmicTaco

PhonePe CEO Delays IPO Plans Due to UPI Market Share Uncertainty

  • Sameer Nigam: 'We can't IPO until we have clarity on market share regulations for UPI'
  • PhonePe holds 48% UPI market share, concerns over potential 30% cap by NPCI
  • Company reports 73% revenue increase to Rs 5,064 crore for FY24
  • Nigam highlights regulatory challenges unique to fintech startups
  • PhonePe eyes global expansion in Europe and Middle East with investor backing

Source: Moneycontrol

Post image
10mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across