PhonePe lost Rs 16.14 in FY18, For each rupee of revenue

The digital payments platform owned by Flipkart, PhonePe has incurred a loss of Rs. 791 crores for the financial year  2018, compared to a loss of Rs 129 crore in the fiscal 2017, documents filed with the Registrar of Companies (RoC) revealed. The digital payment arm of Walmart-owned Flipkart have posted a total revenue of … Continue reading PhonePe lost Rs 16.14 in FY18, For each rupee of revenue