PhonePe Faces Real Money Gaming Revenue Drop Amid Regulatory Ban
In its updated draft red herring prospectus (DRHP), PhonePe, an India-based fintech company backed by Walmart, revealed a drastic decrease in its real money gaming (RMG) revenue for the first half of FY26. The company’s earnings from this sector plummeted to ₹71 crore ($7.1 ...

