PhonePe

PhonePe

Software Development

Bengaluru East, Karnataka 1,105,933 followers

About us

PhonePe was founded in December 2015 and has emerged as India’s largest payments app, enabling digital inclusion for consumers and merchants alike. With 48 crore (480 Million) registered users, one in four Indians are now on PhonePe. The company has also successfully digitized 3.6 crore (36 Million) offline merchants spread across Tier 2,3,4 and beyond, covering 99% of the postal codes across India. PhonePe is also the leader in Bharat Bill Pay System (BBPS), processing over 45% of the transactions on the BBPS platform. PhonePe forayed into financial services in 2017, providing users with safe and convenient investing options on its platform. Since then, the company has introduced several Mutual Funds and Insurance products that offer every Indian an equal opportunity to unlock the flow of money and access to services. PhonePe was recently recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report 2023 by Trust Research Advisory (TRA).

Industry
Software Development
Company size
5,001-10,000 employees
Headquarters
Bengaluru East, Karnataka
Type
Privately Held
Specialties
Digital Payments, Mobile Payments, and P2P Payments

Locations

  • Primary

    Green Glen Layout Road

    PhonePe Private Limited Office-2, Floor 4,5,6,7, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur Bengaluru, Karnataka-KA, Pincode- 560103

    Bengaluru East, Karnataka 560103, IN

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Funding

PhonePe 18 total rounds

Last Round

Private equity

US$ 100.0M

See more info on crunchbase