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Showing posts from April, 2023

Lessons Learned from Starting a Business with Teachers

I was just sixteen years old when I began my journey into the world of business. Being completely new to this field and coming from a family with no experience in big ventures, I felt like a tiny fish in an ocean of possibilities. Nevertheless, I was determined to learn and grow, and little did I know that the opportunity would present itself soon enough. After completing my 10th-grade exams, I found myself with a lot of free time on my hands. The COVID-19 pandemic had just started, and everyone was trying to adjust to the new normal. During this time, I found myself chatting with one of my English teachers on the phone. We built a good rapport over the years, and we hit it off by discussing our shared interests. As we chatted more frequently over the coming weeks, we stumbled upon an idea that we thought would be worth pursuing. We wanted to create a community platform called "Solapuri Bana," which would cater to the people of Solapur City by publishing digital news and upda

PhonePe Raises🚀 $100 Million in Funding at $12 Billion Valuation💰: Accelerating the Fintech Revolution in India

India's leading digital payments and financial services decacorn, PhonePe, has once again made headlines with its recent funding round. The company has secured an additional $100 million in funding from General Atlantic and co-investors, at a valuation of $12 billion, just months after announcing a massive $1 billion funding round that included investments from top global investors like Tiger Global Management, Ribbit Capital, TVS Capital, and its largest shareholder, Walmart. This latest funding round further cements PhonePe's position as a trailblazer in the Indian fintech landscape, propelling the company to new heights of growth and innovation. With over 400 million registered users, PhonePe has rapidly emerged as the market leader in Unified Payments Interface (UPI) transactions in India, capturing a significant 47% market share in terms of monthly UPI volumes. The company's success can be attributed to its relentless focus on delivering a seamless and secure digital p