PhonePe revenue grows 77 percent to Rs 2,914 crore in FY23

Fintech firm PhonePe on Wednesday said it has registered a 77 per cent growth in consolidated revenue to Rs 2,914 crore for FY23 on account of market expansion and digital money transfers.

The Walmart



group company had posted revenue of Rs 1,646 crore in the financial year 2022.“We recorded a consolidated revenue of Rs 2,914 crore in FY23, which represents a 77 per cent year-on-year growth over FY22 revenue of Rs 1,646 crore.