PhonePe files updated DRHP: ₹12,000 crore IPO gets SEBI nod; Walmart will sell 9% stake, Microsoft will exit

PhonePe files updated DRHP: ₹12,000 crore IPO gets SEBI nod; Walmart will sell 9% stake, Microsoft will exit

India’s largest digital payment company PhonePe has filed new documents i.e. Updated DRHP (UDRHP) for its IPO. Market regulator SEBI has also given approval to list the company in the market. This IPO will be completely ‘Offer for Sale’ (OFS), that is, the company will not issue any new shares. Rather, its old investors will…

Read More
UPI Hits Record 20.7 Billion Transactions In October; Crosses 750 Million/ Day For First Time

UPI Hits Record 20.7 Billion Transactions In October; Crosses 750 Million/ Day For First Time

Last Updated:November 02, 2025, 3:56 PM IST UPI managed by NPCI hit a record 20.70 billion transactions in October 2025, with a single-day peak of 754.37 million. UPI India’s flagship real-time digital payments system, the Unified Payments Interface (UPI), managed by the National Payments Corporation of India (NPCI), recorded 20.70 billion transactions in October 2025,…

Read More
UPI Leads India’s Digital Payment Boom, Transactions Up Nearly Sixfold Since 2019: RBI Report

UPI Leads India’s Digital Payment Boom, Transactions Up Nearly Sixfold Since 2019: RBI Report

Last Updated:October 25, 2025, 10:36 IST India’s payments ecosystem surged, with UPI leading 84.8 percent of digital transactions in H1 2025. RTGS dominated value at 69 percent. UPI Powers India’s Digital Revolution as Payment Volumes Rise Sixfold Since 2019 The payments ecosystem in India has witnessed remarkable growth in recent years. In terms of volume,…

Read More
Transactions worth ₹1572 lakh crore in 6-months, 9% from UPI: More than 96 thousand crore transactions every day in October

Transactions worth ₹1572 lakh crore in 6-months, 9% from UPI: More than 96 thousand crore transactions every day in October

Hindi News Business UPI Transactions Hit 73.69 Cr Daily In Diwali 2025: 85% Share & GST 2.0 Impact | NPCI Report Mumbai39 minutes ago copy link Transactions through Unified Payments Interface i.e. UPI are limited to small amounts only. According to the National Payments Corporation of India (NPCI) report, transactions worth Rs 1572 lakh crore…

Read More
UPI Reserve Pay launched to help users manage spending, expands payments to smart devices

UPI Reserve Pay launched to help users manage spending, expands payments to smart devices

The NPCI has rolled out UPI Reserve Pay, a new feature designed to help users manage spending, alongside several innovations enabling payments through smart devices. Reported by Zee Business sources, these initiatives also include AI-driven dispute resolution and biometric authentication, offering a more convenient and secure payment experience. How Reserve Pay works? Reserve Pay lets…

Read More