Denemek ALTIN - Özgür
IPO-bound PhonePe targets growth in payments merchants new platforms
The Business Guardian
|February 09, 2026
Walmart-backed PhonePe, which aims to float its initial public offering (IPO) in April, plans to deepen its presence in India’s digital payments market while expanding into financial services and new consumer platforms.
PhonePe logo
(PhonePe)
In its draft papers, the company said digital payments will remain the core driver of growth, supported by investments to expand its user base, addressable market and platform scale.
India’s total addressable market for digital consumer payments stood at Rs 301 lakh crore in fiscal 2025 and is projected to grow to Rs 602-681 lakh crore by fiscal 2030, the company said, citing industry estimates.
According to sources, PhonePe is aiming to launch its IPO in April.
Bu hikaye The Business Guardian dergisinin February 09, 2026 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Business Guardian'den DAHA FAZLA HİKAYE
The Business Guardian
Rupee depreciation can wipe out gains from fuel price hike
The Indian Rupee has reached a critical level where any further depreciation could wipe out the gains from the recent Rs 3 per litre increase in petrol and diesel prices, according to an SBI Research Ecowrap report.
2 mins
May 17, 2026
The Business Guardian
‘Financial systems must remain connected to real economy’
Financial systems must remain connected to the real economy and the lives of ordinary citizens, Principal Secretary to Prime Minister Narendra Modi, PK Mishra, cautioned on Saturday while highlighting the risks posed by excessive speculation and instability in financial markets.
1 mins
May 17, 2026
The Business Guardian
Govt e-Marketplace marks 9 years of digital procurement
The Government e Marketplace (GeM) celebrated its Incorporation Day 2026 on 16 May, highlighting its expanding role in making public procurement more transparent, efficient and inclusive for domestic enterprises across India.
1 mins
May 17, 2026
The Business Guardian
AI IS REWRITING RULES OF BUSINESS: WEF
The World Economic Forum has highlighted that Artificial Intelligence is not just another venture sector but a force rewriting how companies are built, scaled and financed.
2 mins
May 17, 2026
The Business Guardian
Rising oil prices and gold imports to widen trade deficit
With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India’s current account deficit could rise meaningfully this year, ICICI Bank Global Markets warns.
1 min
May 17, 2026
The Business Guardian
POWER INFRA RIDES CAPEX WAVE, BETS BIG ON DATA CENTRE GROWTH
Techno Electric & Engineering Company Ltd is a leading power-infrastructure company with over four decades of expertise specialising in Engineering, Procurement and Construction (EPC) services, asset ownership, operations and maintenance across power generation, transmission and distribution.
2 mins
May 17, 2026
The Business Guardian
Tech CEOs face US Congress on child online safety
The CEOs of Meta, Alphabet, TikTok and Snap have been invited back to Capitol Hill to answer questions from U.S. lawmakers about children’s online safety, according to a Senate aide.
1 mins
May 17, 2026
The Business Guardian
Powell’s tenure as Fed chair marked by fight for independence
When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs.
2 mins
May 17, 2026
The Business Guardian
Govt e Marketplace marks 9 years of digital procurement
Women-led MSEs secured procurement orders worth over Rs 28,000 crore, while SC/ST entrepreneurs received orders exceeding Rs 6,000 crore.” the press release said, Start-ups on the platform secured orders worth more than Rs 19,000 crore, reflecting GeM’s role in supporting entrepreneurship and widening access to government procurement.
1 min
May 17, 2026
The Business Guardian
SpaceX accelerates IPO timeline
Elon Musk’s rocket and satellite maker SpaceX is aiming to list its shares as early as June 12 and has picked the Nasdaq as the trading venue for its blockbuster market debut, people familiar with the matter told Reuters on Friday.
1 mins
May 17, 2026
Listen
Translate
Change font size