Current Affairs · Fintech Financial Performance and Corporate Restructuring
PhonePe announced plans for an Initial Public Offering (IPO) in India. Based on the financial and regulatory preparations undertaken by the company, which of the following statements is/are correct? 1. During financial year 2024, the company recorded over 70% growth in its revenue from operations accompanied by a narrowing of its net losses. 2. To complete its domicile shift from Singapore to India, the company paid capital gains taxes to the Indian government. 3. The National Payments Corporation of India (NPCI) mandated market share caps for third-party application providers (TPAPs) in the UPI ecosystem. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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1 and 3 only
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