PhonePe

Financial ServicesSeries DBangalore, Indiaphonepe.com

Latest round

Series D

Last raised

Apr 2023

Total raised

$200M

Investors

4

About PhonePe

, is a developer of a mobile application that provides an online financial solution supporting mobile cash transfer and online payment systems for its users. The company was founded by its CEO Sameer Nigam, along with Burzin Engineer and Rahul Chari.it's employees through ESOPs for USD 600 million. The company develops a mobile application that supports mobile cash transfer and online payment systems for its users. It features online solutions that enable users to send and receive money, pay utility bills, credit cards, and insurance premiums. The platform also provides UPI AutoPay for varied use cases such as mutual funds SIPs, Wallet Auto top-ups, and for OTT subscription renewals. The company also launched PhonePe Pulse website that contains data, insights and trends related to digital payments via PhonePe in India. The website also shows data on peer-to-peer payments, merchant payments, recharge and bill payments, financial services and others and highlights top states, districts, and pin codes that use PhonePe the most for digital transactions.  The company plans to acquire a stake in Indus OS, a developer of an Indian app and content discovery platform.

Who invested in PhonePe

4 investors across 2 rounds

See all investors in PhonePe

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series D

    Apr 12, 2023

    Amount

    $100M

    Investors

    Locked

  2. Series D

    Feb 14, 2023

    Amount

    $100M

    Investors

    Locked

Questions about PhonePe

Who invested in PhonePe?

PhonePe has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has PhonePe raised?

PhonePe has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did PhonePe last raise money?

PhonePe's most recent round on record is a Series D, in Apr 2023.

What does PhonePe do?

, is a developer of a mobile application that provides an online financial solution supporting mobile cash transfer and online payment systems for its users.

Where is PhonePe headquartered?

PhonePe is headquartered in Bangalore, India.

Which VCs invest in companies like PhonePe?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at PhonePe's stage. Their profiles are linked below.

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