Walmart-backed PhonePe’s nine-month 2022 revenue surged to $234 million
TechCrunch
JANUARY 29, 2023
PhonePe clocked a revenue of $234.3 million in the first nine months of 2022, the most valuable Indian fintech startup has disclosed in a filing. The nine-month financials marks a jump from the $201.6 million revenue that the Bengaluru-headquartered generated in the 12-month financial year period ending in March last year. PhonePe, which is valued at $12 billion , has projected a revenue of $325 million for the calendar year 2022 and $504 million for 2023, according to a valuation report prepare
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