25 Sep 2025 | 5 Mins Read
PhonePe files Rs 12,000 crore IPO
Flipitmoney
PhonePe confidentially pre-filed its DRHP with SEBI, aiming to raise Rs 12,000 crore. The company turned free cash flow-positive in FY25, with cash flow from operations at Rs 1,202 crore. PhonePe enjoys a 46% market share in the Unified Payments Interface (UPI) and a 40% year-on-year rise in revenue to Rs 7,114.9 crore, driven by payment services and lending and insurance vertical growth.