With an IPO around the corner, Phonepe’s biggest strength is becoming its Achilles heel
Phonepe is all set to debut in the public market in the second half of FY26. That perhaps seems like the natural next step for the fintech giant. After all, it commands nearly half of the market share in UPI transactions today. Between 2020 and now, it has gone from catering to one in five Indians to one in three. And…
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