{"id":989785,"date":"2026-02-04T10:53:00","date_gmt":"2026-02-04T05:23:00","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=989785"},"modified":"2026-02-04T10:53:00","modified_gmt":"2026-02-04T05:23:00","slug":"phonepe-ipo-how-the-companys-large-user-base-supports-expansion-beyond-payments","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/04\/phonepe-ipo-how-the-companys-large-user-base-supports-expansion-beyond-payments\/","title":{"rendered":"PhonePe IPO: How the company&#8217;s large user base supports expansion beyond payments"},"content":{"rendered":"<p>As PhonePe prepares for its proposed initial public offering (IPO) in April 2026, its Draft Red Herring Prospectus (DRHP) offers a detailed look into how scale is translating into revenue across payments and financial services, even as monetisation in the UPI ecosystem remains structurally low.<\/p>\n<p>According to the company&#8217;s DRHP, PhonePe reported operational revenue of \u20b93,918 crore in the first half of FY26, up 22% year on year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>As PhonePe prepares for its proposed initial public offering (IPO) in April 2026, its Draft Red Herring Prospectus (DRHP) offers a detailed look into how scale is translating into revenue across payments and financial services, even as monetisation in the UPI ecosystem remains structurally low. According to the company&#8217;s DRHP, PhonePe reported operational revenue of \u20b93,918 crore in the first half of FY26, up 22% year on year.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-989785","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989785","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\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=989785"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989785\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=989785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=989785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=989785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}