Startup Funding Tracker

PhonePe funding, investors and company details

PhonePe is an emerging Financial Services - Fintech - Payments startup from Bengaluru, working in the space of Digital payments platform. Founded by Rahul Chari, Sameer Nigam, Burzin Engineer.

• Company: PhonePe Limited
• Sector: Financial Services - Fintech - Payments
• Location: Bengaluru
• Founders: Rahul Chari, Sameer Nigam, Burzin Engineer
• Total funding raised: ₹5,378.49 Cr

Company overview

PhonePe operates as India's largest digital payments platform, enabling UPI-based transactions, money transfers, bill payments, recharges, and merchant QR code scanning. The company offers financial services including insurance, mutual funds, gold investments, lending, and stock trading through Share.Market, alongside consumer tech like the Indus Appstore and hyperlocal e-commerce via Pincode. It serves over 500 million users and 37 million merchants with multilingual support, offline payments, and business tools like lending and advertising.

Funding rounds

• Latest round (Series D): $ 658.00 Mn (₹5,378.49 Cr.), 2023-01-19. Investors: General Atlantic, Ribbit Capital, Tiger Global, TVS Capital Funds, Walmart