Upi is not monetisable by itself. All UPI apps need to build other monetisation models taking advantage of UPI led distribution

Founder

Let them do, more people will vet hired😃

Software Engineer

What is the problem if it does? 
 Guess to make India Self reliant .once policies change or if we want to change .Need to have an option 
 GPS done . Search still to be done . AI -miles to go 
 But step by step  
  
 And of course for the investors -the money if it clicks

Product Manager

Diversification. U do it for ur investments too. They pay really good compensation so they got a lot of good talent to do all this

Their CEO’s hatred for Google is apparently pretty widely known.

Analyst

https://www.moneycontrol.com/news/business/startup/phonepemayopenitsappstoretodeveloperstocountergoogleappleclout11413351.html

Welcome to Indian Startups's Private Community

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

Why is phonepe trying to do everything? Delved into e commerce via pincode,stock broking via share.market and now app store . Is UPI market getting too competitive

Why is phonepe trying to do everything? Delved into e commerce via pincode,stock broking via share.market and now app store . Is UPI market getting too competitive- Grapevine

Walmart owns majority share in both PhonePe and Flipkart, PhonePe is a separate entity from Flipkart, but why is Flipkart itself entering into UPI ecosystem when it is dominant in e-commerce and PhonePe is dominant in UPI and payments.

Why is Walmart letting both organisations go against one another by building Flipkart UPI seems weird and waste by burning money.

Is it hoping Flipkart UPI to get market share from Amazon Pay or something else is at play here ?

Why not pitch PhonePe inside Flipkart app heavily instead ?

Why Flipkart built UPI ?

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?

Why does Walmart keep pumping soo much money even with unnecessary things with Flipkart?

Maybe, 
  
 Taking on Reliance retail and Amazon in India? 
 Tech infra for Walmart (random guess)  
 100% or ownership yields absolute power

Data engineer

Any insider news on what it could be? Also how are Pincode and Share.market doing?

PhonePe is launching another new offering

Welcome to News Discussion's Private Community

- NPCI is expected to set a 1.2% interchange fee for pre-sanctioned credit lines on UPI, with a circular likely next week.
- The credit line will not be available for person-to-person transfers, focusing instead on merchant transactions.
- Interchange fees are crucial for covering the risk and interest for the capital deployed by credit issuers.
- Negotiations are ongoing between NPCI, banks, and UPI apps regarding revenue sharing, with TPAPs like PhonePe and Google Pay likely to get 0.08% commission.
- The product has faced delays due to a lack of strong business cases, but NPCI mandates may drive adoption.

NPCI Likely to Announce 1.2% Interchange for Credit Line on UPI

Journalist

Welcome to Ask Grapeviners's Private Community

Anyone using the new super.money app? What's the feedback? Do you think it will beat PhonePe in the future?

Views on Super.money app? What could be the idea of having two UPI apps under the same Walmart umbrella?

Project Manager

This is absolutely harsh from Google

The App Store  and Play Store are a duopoly and we have allowed them way too much power. Atleast Android has options but Apple is a complete walled garden and they won the lawsuit against Epic like wtf

Heading back to the stone age

Consultant

Was reading a thread where people were saying don't be in shock if Ambani/Reliance starts making move after RBI's action on Paytm. I initially thought it to be a meme. Now I am just curious. 

Is the system really fair to allow such moves by the rivals after penalising them?
Or is the system that rigged to make sure their friends can get all the business to technically get the favors, funds, etc? 
Any thoughts on this? 
Whether is it too cruel and unfair that system just can't come into action to stop such moves otherwise how the startups anyway could rival the innovation that happens in the West if our own system anyway is there to cripple in such scenarios or do you think it's all fair in the name of business (you donot follow regulations, you will have to suffer eventually)? 
PS:- This is just to have a healthy discussion without any biases intended, with no political agenda in mind. I hope you'll keep the discussion healthy and interesting. 
Picture source:- stocktwits(ig)

Is system really fair? Thoughts on JioFin acquiring Paytm Wallets biz.

Product Engineer

- 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)

PhonePe Achieves 74% Revenue Growth and Turns Adjusted PAT Positive

Let’s create a list of best startups in terms of tech and its product future possibilities.

India’s Best Startups In Terms Of Tech And Future Product Growth

Flipkart launches UPI Service

Program Manager

https://www.moneycontrol.com/news/business/startup/a-new-upi-innovation-has-phonepe-and-google-pay-worried-11108471.html

Big blow to phone pe & google pay

Why do this when there are no UPI fees and an abundance of UPI apps already?

No hate. Just curious why they’d build this

Why is phonepe trying to do everything? Delved into e commerce via pincode,stock broking via share.market and now app store . Is UPI market getting too competitive

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