Startup Atlas · Digital Payments
PhonePe Unicorn Acquired
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
$1.35 BnTotal funding (tracked)
4Funding rounds
17 Mar 2023Last round
12,265Team size (sourced)
PhonePe: Funding Rounds
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 Management TVS Capital Funds | source |
| 19 Jan 2023 | Growth/Primary (Tranche 1) | $350 million | General Atlantic | source |
| 2 Dec 2020 | Primary funding / partial spin-off from Flipkart | $700 million | Walmart Tiger Global Management | source |
PhonePe: Investors
Walmart Ribbit Capital Tiger Global Management TVS Capital Funds General Atlantic
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 29 Jul 2022 | PhonePe | Indus OS | 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 |
| 1 Apr 2016 | Flipkart | PhonePe | Undisclosed | source |
FAQs on PhonePe
How much funding has PhonePe raised?
PhonePe has raised $1.35 Bn across 4 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 Management, 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 7 Sep 2026. · Report a correction