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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. RBI cancels registrations of 135 NBFCs; 13 firms voluntarily exit sector

  2. HyperNorm AI bags seed funding co-led by Capital 2B, SenseAI Ventures

  3. CRED launches ‘Cash by CRED’ app

  4. Aye Finance to raise $15 million via NCDs

  5. AMFI suspends Stable Money’s mutual fund distribution arm for six months
  6. Read more news...

AI/Emerging Tech

  1. Equal AI raises Series B funding co-led by Prosus Ventures, Tomales Bay Capital

  2. Rekise Marine raises seed funding led by Accel, NKSquared

  3. Ex-Icertis executives' startup Rivvun AI bags seed funding

  4. Integra Robotics raises pre-Series A funding co-led by Finvolve, India Accelerator

  5. Celebal Technologies raises debt funding from BlackSoil
  6. Read more news...

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
  5. Read more news...

Money & Machines

  1. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  5. Previous editions...

PE/VC Tales

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

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

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

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  5. Read more news...

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]