PhonePe betting big on sports this year, sees growth in transactions
Speaking to Moneycontrol, Ankit Gaur, director, online business, PhonePe, said: "It is early days of IPL and we have already started seeing growth in transactions."
- It joined hands with fantasy sports platform Dream 11 in February and has seen a three times month-on-month growth in transactions.
- The payment platform is the first to offer direct UPI (Unified Payments Interface) payments solution on Dream 11 which has 50 million users on its platform.
- Mobile Premier League (MPL), a mobile gaming startup, which is around 10 months old, has around one million daily active users.