The PhonePe PRD template aims to provide a comprehensive and structured approach to product development by breaking down the process into key components. The 'What' section focuses on defining the problem statement and product purpose. The 'Why' section explains the rationale behind the product and its relevance to the target users. The 'Long-term goal' section helps in envisioning the product's future direction and aligning it with the company's mission.
The 'Solution' section lays out the approach and methodology for developing the product. The 'Edge cases' section identifies potential use cases and scenarios that the product needs to address. The 'Sequence diagram' and 'Wireframes' sections provide visual representations of the product's features and user flows. The 'Tech stack' and 'Other requirements' sections detail the technologies and resources required for product development.
Finally, the 'Release criteria' section defines the criteria for releasing the product to the market, ensuring that it meets the required quality standards. This PRD template is a valuable resource for any team looking to develop a successful product that meets the needs of its users and aligns with the company's goals.