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Information on acquisition, funding, cap tables, investors, and executives for PhonePe. Use the PitchBook Platform to explore the full profile.
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PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface , went live in August 2016.
2 days ago · PhonePe - Card-linked wallet solution for consumers and businesses. Acquired by Flipkart. Raised a total funding of $1.01B over 3 rounds from 23 investors. Valued at $12.7B. Founded by Sameer Nigam, Amit Narang and 2 others in the year 2012. PhonePe has 254 competitors.
- PhonePe was founded in 2012
- PhonePe is located in Bengaluru, India.
- PhonePe is not a Public company. Its current company stage is Acquired
- PhonePe's latest funding round was on Jan 19, 2023
- PhonePe's valuation is $12.7B
- Annual revenue of PhonePe is $227M as on Mar 31, 2022
- Card-linked wallet solution for consumers and businesses. Offers UPI-based options for bill splitting, online shopping, paying postpaid and utility...
- PhonePe serves in the B2C, B2B space in the FinTech market segments.
- FinTech > ********* ** **** ** > ******
- PhonePe is associated with 7 legal entities - PHONEPE WEALTH PRIVATE LIMITED, PHONEPE FINANCE PRIVATE LIMITED, PHONEPE WEALTH BROKING PRIVATE LIMIT...
Jan 5, 2024 · National, January 5th, 2024: PhonePe, announced the appointment of Ritesh Pai as CEO of its International Payments business. Ritesh is a seasoned Digital Payments sector leader with a proven track record of launching innovative solutions and structuring strategic business partnerships globally.
National, November 7th, 2023: PhonePe, today announced that it has crossed 500 million lifetime registered users on its platform. With this milestone, 1 in 3 Indians are now on PhonePe. The company is the first Indian Internet company to have reached this scale globally.
What is Groups on PhonePe? You can create groups on your PhonePe app by adding your contacts. You can use this group to, Send messages. Send money to members within the group. Note: You can send money to only one member at a time. Share contact and bank account details.
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Feb 14, 2023 · Bengaluru, February 14th, 2023: PhonePe, one of India’s largest fintech platforms, today announced it has raised another $100 million in primary capital from Ribbit Capital, Tiger Global and TVS Capital Funds, at a pre-money valuation of $12 billion.
