SynopsisPhonePe, supported by Walmart, has confidentially filed its DRHP with SEBI. The digital payments platform reduced its net loss by 13.4% to Rs 1,727.4 crore in 2024-25, driven by a 40.4% surge in operating revenue to Rs 7,114.8 crore. Despite diversification into financial services, payments remain PhonePe's core business.ET SpecialDigital payments major PhonePe filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India late Tuesday night, t...