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Overview
PhonePe is a mobile payments app that allows users to transfer money instantly to anyone, by using just their mobile number.
The company aims to make digital payments so easy, safe, and universally accepted that people never feel the need to carry cash or cards again. Its online payment system is based on Unified Payments Interface (UPI) and a digital wallet. PhonePe strives to make commerce a seamless experience for both customers and businesses.
About
FinTech, Mobile Apps, Payments
2015
5001-10000
Headquarters locations
India, Asia
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PhonePe headquartered in India, Asia, operates in the FinTech, Mobile Apps, Payments sector. The company focuses on FinTech and has secured $560.2B in funding across 216 round(s). With a team of 5001-10000 employees, PhonePe is actively contributing to advancements in FinTech. Their latest funding round, Corporate Round - PhonePe, raised $39.1M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
18
1
0
$2593.7M
Details
4
PhonePe has raised a total of $2593.7M in funding over 4 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2023 | Private Equity | 350.0M | ||
2023 | Private Equity | 100.0M | ||
2023 | Private Equity | 100.0M | ||
2023 | Private Equity | 100.0M |
Investors
PhonePe is funded by 54 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
General Atlantic | - | FUNDING ROUND - General Atlantic | 100.0M |
Binny Bansal | - | FUNDING ROUND - Binny Bansal | 39.1M |
PhonePe | - | FUNDING ROUND - PhonePe | 39.1M |
Flipkart | - | FUNDING ROUND - Flipkart | 39.1M |
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