PhonePe

Fintech · Bangalore, Karnataka · Founded 2012 · Privately Held (backing)

Developer of a mobile payment application intended to facilitate digital payments among individuals and businesses. PhonePe is based in Bangalore, Karnataka and was founded in 2012. It was valued at $14.5 billion at its Secondary in Oct 2025, the last priced event on record. It has raised $2.9 billion across 6 recorded rounds; the latest was a $600 million secondary round in Oct 2025.

PMV mark · valuation
$14.5B
Oct 2026
Priced at
its Secondary
Oct 2025
Total raised
$2.9B
Last round
Secondary
Oct 2025

Who backs PhonePe?

9 investors
InvestorType
Tiger Global ManagementVenture capital
General AtlanticGrowth equity
Ribbit CapitalVenture capital
Microsoft—
Qatar Investment AuthorityAsset manager
Brand CapitalPE / buyout
TVS Capital—
Tencent Holdings—
Walmart—
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PhonePe investors

9 investors are on record for PhonePe, including Tiger Global Management, General Atlantic, Ribbit Capital and Microsoft.

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