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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, 03:12 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, 04:58 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. Aham Housing Finance raises Rs 100 crore funding led by Sanmar Group

  2. IPO-bound OfBusiness FY26 revenue falls 7% to Rs 20,645 crore

  3. Peak XV sells Go Digit shares worth Rs 139 crore via block deal

  4. Kissht Q1 FY27 revenue jumps 45% to Rs 677 crore, net profit up 59%

  5. Delhi HC orders winding up of Paytm Payments Bank, appoints official liquidator
  6. Read more news...

AI/Emerging Tech

  1. Drone startup SUIND bags seed funding led by Transition VC

  2. Revspot bags Series A funding co-led by Inflexor Ventures, Info Edge Ventures

  3. Aurionpro Q1 FY27 revenue up 6.3% to Rs 358 crore, net profit falls

  4. BusinessNext raises Series C funding led by ServiceNow Ventures at $700 mln valuation

  5. Fractal Q1 FY27 revenue rises 20% to Rs 913 crore, profit jumps 92%
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

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

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

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
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Money & Machines

  1. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  2. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  3. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  4. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?
  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

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