PhonePe’s IPO Filing Reveals Losses, Revenue Growth And Share Sale By Major Investors

PhonePe, one of India’s largest digital payments platforms, has filed documents for its upcoming initial public offering (IPO). The filing reveals that the company posted a consolidated net loss of Rs 14.44 billion for the half year ended September 30, 2025, while revenue rose to Rs 39.18 billion, reflecting strong growth in its payments and financial services portfolio.  

The IPO will include an offer for sale of 50.7 million shares. Walmart, Microsoft, and Tiger Global are among the major investors set to offload part of their holdings in the company. The move highlights growing investor interest in India’s fintech sector, with PhonePe positioned as a leading player in digital payments, insurance, and financial services.  

Key Highlights  

• PhonePe reported net loss of Rs 14.44 billion for H1 FY26 ended September 30, 2025  
• Revenue climbed to Rs 39.18 billion, driven by payments and financial services growth  
• IPO filing reveals offer for sale of 50.7 million shares  
• Walmart, Microsoft, and Tiger Global to sell part of their holdings  
• PhonePe remains a leading fintech player in India’s digital payments ecosystem  

Future Outlook  
PhonePe’s IPO is expected to be one of the most significant fintech listings in India, reflecting investor confidence in the sector. With strong revenue growth and backing from global investors, the company is aiming to expand its reach and diversify its offerings in financial technology.  

Sources: Reuters, Economic Times, Business Standard