PhonePe is launching another new offering

https://www.moneycontrol.com/news/business/startup/phonepe-may-open-its-app-store-to-developers-to-counter-google-apple-clout-11413351.html

1. Migrating PhonePe to India 1B $ in useless tax 2. Like that stupid separation of PhonePe from Flipkart ~0.7B $ 3. Now this 3.5B$ just to increase its stake when it was already a majority owner! What's going on?

What's happening in the company? Is there a comeback plan in action? Are you guys working on shifting the existing merchants to a different bank? Give us some insider info👀

QR, those radios which can't play Arijit or Eminem and Fast tag was major revenue maker of Paytm. Now see, how phonepe targetting that segment that too without a monthly subscription. Ohh, yes. It's a 1 time fee and that can be masterstroke for another decacorn PhonePe. ( ~13B ) Vss was caught sleeping on weekends.

- PhonePe Group reported revenue of INR 5064 Cr for FY23-24, a 74% increase from INR 2914 Cr in FY22-23. - The company achieved an Adjusted PAT of INR 197 Cr for FY23-24, reversing a loss of INR 738 Cr from the previous year. - Standalone Payments business recorded an Adjusted PAT of INR 710 Cr for FY23-24, compared to a loss of INR 194 Cr in FY22-23. - Growth driven by market leadership, platform reliability, and cross-selling a diverse product portfolio. - CFO Adarsh Nahata and CEO Sameer Nigam emphasize sustainable growth, revenue diversification, and disciplined financial management. Source: [Phonepe](https://www.phonepe.com/press/phonepe-grows-revenue-at-74-y-o-y-and-turns-adjusted-pat-positive)

As title says , there are so many narratives going around Could you give some insight how the management is working upon it

Does anyone have any insights on how RBI plans to remove the gpay and phonepe duopoly? Saw some news here and there, any insider information?