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Series C+
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PhonePe

India's largest UPI payments and fintech super-app

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PhonePe is India's leading digital payments platform, handling the largest share of UPI transactions. Originally a Flipkart subsidiary, it became independent and now offers insurance, mutual funds, merchant commerce and hyperlocal services.

Stage
Series C+
Total raised
$1.2B
Valuation
$12B
Founded
2015
Employees
5,000-10,000
Headquarters
Whitefield, Bangalore

Last funding round

Series C$650M
Apr 2023

Investors

General AtlanticRibbit CapitalTiger GlobalTVS Capital

Total raised

$1.2B

Valuation

$12B

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