PhonePe, the Indian fintech start-up valued at $12 billion, has reported a revenue of $234.3 million in the first nine months of 2022, marking a significant jump from the $201.6 million revenue it generated in the 12-month financial year ending in March 2021.

The start-up is projecting a revenue of $325 million for the calendar year 2022 and $504 million for 2023, according to a valuation report prepared by KPMG and filed by PhonePe.

This post is for subscribers only

Sign up to read the post and as well as all other member only posts. Subscribing only takes a few seconds and will give you immediate access.
Subscribe now