PhonePe’s transition from payments to a financial services company is incomplete
The company’s IPO plans come amid weak numbers, slow growth of new platforms, challenges in its core payments business and a rather dull stock market.
26 January, 2026•10 min
0
26 January, 2026•10 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
What Pronto’s $25-million fundraise isn’t telling us
The 10-minute house help startup has generated plenty of buzz. But its funding, valuation and founder dilution details suggest a complicated future.
You may also like
Business
Infra.Market’s debt binge before IPO sets alarm bells ringing
The platform’s pre-IPO debt funding raises fresh questions about cash flows and SEBI’s role. Investors will do well to take note.
Business
Is Jubilant a victim of its own success?
As a consistent performer—proved once again by its stellar Q3 FY26 results—the QSR giant runs smack dab into a market fixated on its ‘tough base’.
Business
Has Devyani International turned a corner?
There’s something for both pessimists and optimists in the QSR player’s Q3 results. Right now, it looks like a coin toss where this business will go next, which makes the euphoric market reaction seem out of place.