What is PhonePe's business focus and history?
PhonePe is a funded company based in Bengaluru, India, founded in 2015 by Sameer Nigam, Rahul Chari, and Burzin Engineer. It operates as a digital payments platform offering services such as UPI-based money transfers, bill payments, insurance, and mutual funds. PhonePe has raised significant funding, including $350 million from General Atlantic in January 2023, valuing the company at $12 billion. The company has over 450 million registered users and 35 million offline merchants, covering 99% of India's pin codes. Its top competitors include companies like Paytm, Google Pay, and BharatPe.
PhonePe Corporate Details & Core Services
PhonePe is India's largest digital payments platform, offering services such as UPI-based money transfers, mobile recharges, bill payments, insurance, and mutual funds. With over 450 million registered users and 35 million offline merchants, it covers 99% of India's pin codes.
PhonePe Contact Information & Official Links
What are PhonePe's Key Business Metrics & Stats?
No of employees 10000
Founded year 2015
Type private
SAICS CODE 7371
NAICS Code 522320
Industry Fintech
Location Bengaluru, Karnataka, India
Parent Company walmart.com
Subsidiary Company
share.market, indusappstore.com
Other website phonepe.com, share.market, indusappstore.com
Pricing Strategy Free for consumers, Transaction-based fees for merchants
PhonePe
Firmographic Snapshot
2026
2015
Founded Year
10000
Global Employees
India
Headquarters
Fintech Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has PhonePe raised to date?
Name
Description
Funding Amount
USD 350 Million
Stage
Private Equity
Latest Valuation
12 Billion (USD)
Lead Investor
General Atlantic
Investors
General Atlantic
What are PhonePe's Core Products?
Name
Description
PhonePe App
A mobile application enabling UPI-based money transfers, bill payments, and financial services.
Share.Market
A wealth and investment platform catering to investors and traders.
Indus Appstore
A native Android-based mobile app store designed for Indian consumers.
What are the latest developments at PhonePe?
Date
Type
Description
May, 2023
Funding
PhonePe raises $100 million from General Atlantic at a $12 billion valuation.
April, 2023
Product Launch
PhonePe launches 'Pincode', a hyperlocal e-commerce app built on the ONDC platform.
August, 2023
Product Launch
PhonePe introduces 'Share.Market', entering the stock broking business.
What industry awards and recognitions has PhonePe received?
Date
Type
Description
December, 2022
Award
Most Trusted Brand for Digital Payments by Trust Research Advisory (TRA)
August, 2018
Award
UPI Digital Innovation Award from NPCI
PhonePe VS Paytm VS Google Pay VS BharatPe : 2026 Comparison
Feature
PhonePe
Paytm
Google Pay
BharatPe
Core Strengths PhonePe App, Share.Market, Indus Appstore
Paytm Wallet, Paytm Payments Bank, Paytm Money, Paytm First Games
Google Pay
BharatPe QR, BharatSwipe, Merchant Loans
Founded Year 2015
2010
2011
2018
Stock Name/Ticker PAYTM (NSE)
GOOGL (NASDAQ)
Type private
public
public
private
Global Employees 10000
28000
251
Revenue (Annual) $234 Million(2022)
$79.9 Thousand(2023)
$148.6 Million(2024)
Headquarters Bengaluru, Karnataka, India
Noida, Uttar Pradesh, India
Mountain View, California, United States
New Delhi, Delhi, India
Latest Valuation $12 Billion
$20 Thousand
$2.9 Trillion
$2.9 Billion
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
Paytm
79.9 | 28000
BharatPe
148.6 | 251
Competitive Landscape 2026
DexterAgent.ai
What are PhonePe's official legal and registration details?
Name
Description
Legal Name
PhonePe Limited
Cin number
U67190KA2012PLC176031
GST number
Registration number
U67190KA2012PLC176031
Who is in PhonePe's executive leadership team?
Name
Designation
CEO
Sameer Nigam
CTO
Rahul Chari
CRO
Burzin Engineer
Where are PhonePe's primary office locations?
City
Country
Bengaluru
India
New Delhi
India
Hyderabad
India
Pune
India
What are the current business signals and market intelligence for PhonePe?
Spending next 3 months
Infrastructure development, Expansion into new financial services, Scaling new businesses like insurance, wealth management, and lending
Pain points
Digital payment adoption, Financial inclusion, Secure and convenient transactions
Sales motion
Direct-to-Consumer, Business-to-Business
Buyer Persona
Tech-savvy consumers, Small and medium-sized merchants
Type of customer
Consumers, Merchants
Key customer domain
flipkart.com, amazon.in, myntra.com
Annual ACV
$100,000 - $1,000,000
What is PhonePe's annual revenue history?
Year
Revenue (USD)
2022
234 Million
What are PhonePe's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
4.5
Glassdoor Rating
4.2
Saas
Yes
Offline Stores
No
Service
Yes
Ecommerce
Yes
Exporter
No
Mobile App
Yes
Retail
No
B2B
Yes
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No
