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PhonePe
Information by Viktor Boscovich
Founded in December 2015 by Sameer Nigam, Rahul Chari, and Burzin Engineer, PhonePe has become one of India's leading digital payment platforms. Acquired by Flipkart in 2016 and now part of the Walmart group, the company's app is built on the Unified Payments Interface (UPI) and allows users to send and receive money, recharge mobile and DTH, pay utility bills, and make in-store payments. Beyond payments, PhonePe has expanded its offerings to include financial services like insurance, mutual fund investments, and digital gold, with a mission to build a large, scalable, and open transaction ecosystem that creates the maximum positive impact for all Indians.
India
Industry
Financial
Regulation
HQ Location