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PhonePe Unicorn

PhonePe Limited Bengaluru, Karnataka Founded 2015 phonepe.com ↗
Sameer Nigam · Co-Founder, Whole-time Director & Chief Executive Officer Rahul Chari · Co-Founder, Whole-time Director & Chief Technology Officer Burzin Engineer · Co-Founder & Chief Reliability Officer
$650 MnTotal funding (tracked)
3Funding rounds
17 Mar 2023Last round
12,265Team size (sourced)

PhonePe: Funding Rounds

Growth/Primary (Tranche 1): $350MJan '23Growth/Primary (Tranche 2): $100MFeb '23Growth/Primary (Walmart tranche): $200MMar '23

Disclosed round amounts over time, USD millions.

Date Round Amount Investors Source
17 Mar 2023 Growth/Primary (Walmart tranche) $200 million Walmart source
14 Feb 2023 Growth/Primary (Tranche 2) $100 million Ribbit Capital Tiger Global TVS Capital Funds source
19 Jan 2023 Growth/Primary (Tranche 1) $350 million General Atlantic source

PhonePe: Investors

Walmart Ribbit Capital Tiger Global TVS Capital Funds General Atlantic

Acquisitions

DateAcquirerAcquiredAmountSource
29 Jul 2022 PhonePe indus-os-oslabs Undisclosed source
18 May 2022 PhonePe wealthdesk Undisclosed source
18 May 2022 PhonePe openq Undisclosed source
21 Mar 2022 PhonePe gigindia Undisclosed source
16 Jul 2018 PhonePe zopper-retail Undisclosed source

FAQs on PhonePe

How much funding has PhonePe raised?

PhonePe has raised $650 Mn across 3 tracked funding round(s), most recently on 2023-03-17. Figures are compiled from cited public sources.

Who are the investors in PhonePe?

Investors in PhonePe include Walmart, Ribbit Capital, Tiger Global, TVS Capital Funds, General Atlantic.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.phonepe.com · Last verified 13 Jul 2026. · Report a correction