‘Makes sense to list in a market where people know you’

livemint.com:

tax impact, which is actually outside. But yeah, I will, of course, welcome if there are any tax sops and stuff like that, but honestly, that’s not the big challenge. But one way or the other, we want to figure out how to come back whether we get something special or not.

Nothing as of now. We did a secondary in the middle of 2022, which was not too long ago. We did it for some employees and for some of our early investors.

But there’s no push right now. There’s not a lot of demand right now for doing it. See, our core focus is B2B.

We are building a lot of services on the B2B side. So, we tend to look at opportunities and products that can help serve merchants and internet businesses better that we might take, let’s say, two to three years to build out if you can buy it, plug it in the ecosystem, that’s a good outcome for us. Our core business continues to grow well.

We are still growing more than 40%-50% year over year in terms of revenue and in terms of volume, and that is fairly high, and that’s just on the payment piece. We are also seeing a lot of growth on the neo-banking and capital side of things. Also, the offline piece is a very high-growth market right now.

We launched in Malaysia. It’s the first payment gateway company to launch there that’s built out of India. We are seeing great traction there.

And in fact, it has built our confidence that we can launch in other markets as well, much faster. So, we’re looking at Indonesia, the Philippines, and Vietnam. The complex part is that each of these countries needs its own regulatory approvals and licenses.

So, that’s a work in progress. Regulators are coming to events like these and holding industry sessions, having discussions with everyone. I think that just