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Amazon Pay India reports Rs 2,097 crore in FY25 revenues

Amazon Pay India reports Rs 2,097 crore in FY25 revenues

08 Oct 2025, 15:12 PM

The digital payments arm of online marketplace Amazon India saw its losses fall Rs 866 crore in FY25 from Rs 911 crore in FY24.

PhonePe, Google Pay command 82% of UPI transaction volumes

PhonePe, Google Pay command 82% of UPI transaction volumes

11 Jul 2025, 16:58 PM

PhonePe topped the list, processing 8.55 billion transactions worth Rs 11.99 lakh crore, securing a 46.5% share by volume and nearly half the total transaction value.

Amazon Pay reports flat revenue growth, cuts losses in FY24

Amazon Pay reports flat revenue growth, cuts losses in FY24

05 Nov 2024, 02:28 AM

The e-commerce giant’s fintech arm reported a slight jump in its revenue from operations to Rs 2,287 crore in FY24 from Rs 2,093 crore in FY23.

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Fintech Highlights

  1. Go Digit Q4 net premium income flat, profit up 28%

  2. Novio nets Series A funding led by Cornerstone Ventures

  3. Sahi raises $33 million in Series B funding led by Accel Growth

  4. Seed funding sinks 65% as late-stage lifts fintech in Q1 2026

  5. MobiKwik gets RBI approval for NBFC license
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AI/Emerging Tech

  1. OpenAI breaks free from Microsoft cloud exclusivity

  2. Google to invest up to $40 billion in Anthropic

  3. LightFury Games bags $11 million from Blume, MS Dhoni, others

  4. OpenAI and Infosys partner to scale AI across enterprises

  5. Kabeer Biswas' startup M attracts funding from Peak XV, Blume, Cred
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IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
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Money & Machines

  1. 'Guilty, until proven innocent'; The ARR illusion

  2. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  3. Fintechs' Dubai Dream; Founders' AI Second Act

  4. A CEO arrested, hearing delayed; Sarvam's AI pitch
  5. Previous editions...

PE/VC Tales

  1. Micro VCs: Fueling India's startup pipeline or distorting it?

  2. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  3. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  4. TDV Partners bullish on consumer over AI, plans bigger fund
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Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]