{"id":849254,"date":"2024-08-29T08:50:21","date_gmt":"2024-08-29T03:20:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=849254"},"modified":"2024-08-29T08:59:55","modified_gmt":"2024-08-29T03:29:55","slug":"phonepe-ceo-says-upi-mcap-overhang-holding-back-company-from-going-public","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/29\/phonepe-ceo-says-upi-mcap-overhang-holding-back-company-from-going-public\/","title":{"rendered":"PhonePe CEO says UPI mcap overhang holding back company from going public"},"content":{"rendered":"<p>The overhang of the proposed market share cap by the National Payments Corporation of India (NPCI) on the volume of UPI transactions a third-party application provider (TPAP) can process is holding PhonePe from going public. <\/p>\n<p>Speaking at the Global Fintech Fest, PhonePe CEO Sameer Nigam said: \u201cAs far as going public, the market cap overhang is definitely a problem for us. I feel nervous going to the market and asking investors if there is a 30 per cent market cap lurking\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The overhang of the proposed market share cap by the National Payments Corporation of India (NPCI) on the volume of UPI transactions a third-party application provider (TPAP) can process is holding PhonePe from going public. Speaking at the Global Fintech Fest, PhonePe CEO Sameer Nigam said: \u201cAs far as going public, the market cap overhang is definitely a problem for us. I feel nervous going to the market and asking investors if there is a 30 per cent market cap lurking\u201d.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-849254","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=849254"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849254\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=849254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=849254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=849254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}