How much has PhonePe raised?
$2.9Bacross 6 recorded rounds · Dec 2020 – Oct 2025
Most recently, PhonePe raised $600.0M in its Secondary (Oct 2025).
Free account
More of PhonePe with a free account
- ·Post-money valuations for 2 rounds
- ·Watch PhonePe: the Monday email on marks, rounds and moves
PhonePe round by round
6 roundsOct 2025Secondary$600.0M▮
May 2023Growth Equity (tranche 4 of $850M round)$100.0M▮
Mar 2023Growth Equity (tranche 3 of $850M round)$200.0M▮
Feb 2023Growth Equity (tranche 2 of $850M round)$100.0M▮
Jan 2023Growth Equity (tranche 1 of $850M round)$350.0M▮
Dec 2020Growth Equity (spin-off financing)$700.0M▮
How much has PhonePe raised?
PhonePe has raised $2.9 billion across 6 recorded rounds since 2020. The largest was a $700 million growth equity (spin-off financing) round in Dec 2020; the most recent was a $600 million secondary round in Oct 2025. 2 of the rounds disclosed a post-money valuation.
PhonePe investors
9 investors are on record for PhonePe, including Tiger Global Management, General Atlantic, Ribbit Capital and Microsoft.
For fundraisers
Raising for a company like PhonePe?
9 investors have backed PhonePe — start your target list with the firms already writing checks in fintech.
Frequently asked about PhonePe
- How much has PhonePe raised?
- PhonePe has raised $2.9B in total across 6 recorded funding rounds.
- When was PhonePe's last funding round?
- PhonePe's most recent recorded round was Secondary in Oct 2025, raising $600.0M.