To offer every Indian equal opportunity to accelerate their progress by unlocking the flow of money and access to services

2016
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2019
2020
2021
2022
2023
2024
2016
  • Flipkart acquires PhonePe
  • The PhonePe App goes live

PhonePe and its Subsidiaries

PhonePe is India’s largest digital payments platform. Anchored by the success of our digital payments platform, we have expanded into financial services such as Insurance, Lending, and Wealth and launched new consumer tech businesses Pincode, Share.Market, and the Indus Appstore.

PhonePe is an India headquartered technology company with a portfolio of businesses aligned with the company’s vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

Our Values
Our values shape the way we work, make decisions, and engage with stakeholders, colleagues, and users
core
company
team
individual
Integrity

Integrity and honesty are the price of admission to PhonePe. We have a zero tolerance policy towards bribery, corruption, dishonesty, discrimination and internal politics.

Transparency

We share data and learnings openly to enable better decision making across the organization. Transparency is our tool to develop decision-making muscle and ownership across the company.

Positive Disruption

Our business solutions are designed to be inclusive and empowering for all ecosystem players. We don’t negatively disrupt our business partners’ profit pools just because we can.

Customer First

Our customers are our first and primary stakeholders, and we will only succeed in our vision if we create long-term value for them by building simple, reliable and value-additive solutions.

Holistic Approach

We start with a holistic understanding of the problem statement before designing solutions for customers. We then create the most optimal solution possible based on first principles.

Perseverence & Conviction

We care deeply about our work and hold ourselves to a high bar. We take whole and complete ownership to resolve problems regardless of organizational boundaries. We never shy away from rolling up sleeves and solving problems. We never say “this is not my job”.

Simplicity Breed Scalibility

Fools ignore complexity. Pragmatists suffer it. Some can avoid it. Geniuses remove it. We will attempt to be geniuses.

Learn Fast Fail Fast

We set audacious goals and are not limited by incremental thinking. We take calculated risks to achieve goals and celebrate both success and failure.

Bias For Imapct

We will focus on quality and impact of output rather than mindless activity.

Collaboration

We work collaboratively as a team and hold the org’s goals above those of the team. We listen attentively, speak candidly, and admit mistakes. We do not tolerate politics. We believe that creating a high-trust environment is everybody’s responsibility.

Excellence in People

We are committed to creating winning teams for the long run. We do not compromise on quality of talent for short-term goals. We inspire by creating context, clarifying expectations and opening up opportunities so everyone can own their growth.

Openess of Thought

We always remain open minded and willing to be influenced in search of the truth. We voice opinions even if it is uncomfortable, inconvenient or unpopular. Data is our bible for all things past, and logic is our magic wand for all things future.

Learn More. It's Free

We will always remain curious to explore and act on new possibilities, we learn rapidly and eagerly; and contribute effectively outside a team/function to expand our horizon.

Passion

We believe in the conviction of our decisions and persevere to create sustainable value for the organization. We are not sidetracked by the flavour of the month.

Awards & Accolades

Awards & Accolades

our founders

Sameer Nigam

Sameer Nigam

Founder & CEO

Rahul Chari

Rahul Chari

Founder & CTO

Burzin Engineer

Burzin Engineer

Founder & CRO

sameer nigam

sameer nigam

Sameer Nigam is the Founder, Whole-time Director and the Chief Executive Officer of our Company. Over the past decade, he has led PhonePe to becoming India’s largest digital payments platform. PhonePe Group is now diversifying into multiple other consumer tech sectors (Pincode - hyperlocal e-commerce, Indus AppStore and ShareMarket - stock broking). Before founding our Company, he served as senior vice president, engineering, and vice president, digital business, at Flipkart Internet Private Limited. His journey at Flipkart Internet Private Limited started in 2011 when the company acquired his first venture – Mallers Inc. (Mime360). He holds a master’s degree in business administration from Wharton Business School (University of Pennsylvania), USA, and a master’s degree in computer science from University of Arizona, Tucson-USA. He received the ‘The Fintech Person of the Year – India’ award at the Global Fintech Festival, 2024 and the ‘EY Entrepreneur of the Year 2024 India’ award in the business transformation category.

rahul chari

rahul chari

Rahul Chari is the Founder, Whole-time Director and the Chief Technology Officer of our Company. He has spearheaded the technology strategy of the group, building a robust and highly scalable platform. On the back of this extensible architecture, PhonePe Group is now expanding into multiple consumer tech sectors including Pincode (hyperlocal e-commerce), Indus Appstore, and ShareMarket (stock broking), with Rahul continuing to play a pivotal role in the Company’s technological evolution. Prior to joining the Company, he was associated with Flipkart Internet Private Limited as vice president of engineering, and earlier co-founded Mallers Inc. (“Mime360”), a digital media distribution platform. In addition, his career of two plus decades in technology includes engineering roles at technology firms like Cisco Systems (India) Private Limited, Cisco Systems Inc. and Andiamo Systems Inc., where he has filed for multiple patents in the storage area networking space. He holds a master’s degree in science from Purdue University, USA and a bachelor’s degree in computer engineering from Sardar Patel College of Engineering, University of Mumbai. He was honoured at India’s CTO Excellence Awards 2024 organised by Yourstory.

john david rainey

john david rainey

John David Rainey JR is a Non-Executive Director of our Company and a nominee of WM Digital Commerce Holdings Pte. Ltd. on our Board. He holds a bachelor’s degree in business administration from School of Business, Baylor University, Texas, USA and a master’s degree in business administration from Graduate School, Baylor University, Texas, USA. He was previously associated as chief financial officer and executive vice president – global customer operations at PayPal Holdings, Inc., executive vice president and chief financial officer of United Continental Holdings, Inc., and is currently associated with Walmart Inc. as executive vice president and chief financial officer.

donna morris

donna morris

Donna Catherine Morris is a Non-Executive Director of our Company and a nominee of WM Digital Commerce Holdings Pte. Ltd. on our Board. She holds a bachelor’s degree of arts in political science from Carleton University, Canada. She holds a certificate of professional membership with the Human Resources Professionals Association of Ontario and has been entitled as certified human resource executive by virtue of her membership. She was on the board of directors of the Society for Human Resource Management, USA and is a fellow of the National Academy of Human Resources. She is on the board of trustees at Fordham University in New York, USA and on the board of directors at Crystal Bridges – Museum of American Art, USA. She was previously associated with Adobe Inc. as chief human resources officer and executive vice president of employee experience and is currently associated with Walmart Inc. as executive vice president – global people and chief people officer. She has received awards such as named in Forbes Future of Work 50 list in 2022, Mass Market Retailing’s “Most Influential Women” in 2024, and a Top 100 HR Tech influencer by Human Resource Executive in 2022.

leigh hopkins

leigh hopkins

Leigh Douglas Hopkins is a Non-Executive Director of our Company and a nominee of WM Digital Commerce Holdings Pte. Ltd. on our Board. He holds master of arts from Wadham College, University of Oxford. He was previously associated with Walmart Inc. as executive vice president – international strategy & development.

manish sabharwal

manish sabharwal

Manish Sabharwal is a Non-Executive Independent Director of our Company. He holds a bachelor’s degree in commerce from the University of Delhi and a master’s degree in business administration from the Wharton Business School, University of Pennsylvania. He was previously associated with the board of the RBI as an independent director and is currently associated with Teamlease Services Limited as vice chairman, Comptroller and Auditor General of India as a member of the advisory board, National Council of Applied Economic Research as a governing board member, and New India Foundation as managing trustee.

rohit bhagat

rohit bhagat

Rohit Bhagat is the Chairperson of the Board and Non-Executive Independent Director of our Company. He holds a bachelor’s degree of technology in mechanical engineering from the Indian Institute of Technology, Delhi, master’s degree of science in engineering from the University of Texas, Austin, master’s degree in management from the Kellogg School, Northwestern University, USA and has completed the Stanford Directors’ Consortium Executive Program. He was previously associated with Axis Bank Limited as an independent director, BlackRock as chairman of the Asia Pacific region, Barclays Global Investors as chief operating officer, and Boston Consulting Group.

tarun bajaj

tarun bajaj

Tarun Bajaj is a Non-Executive Independent Director of our Company. He is a fellow member of the Council of Chartered Financial Analyst. He holds a bachelor’s degree in commerce from the University of Delhi, New Delhi, and post-graduate diploma in management from the Indian Institute of Management, Ahmedabad. He was previously associated with Department of Revenue and Department of Economic Affairs, Ministry of Finance of the Government of India as Secretary, National Investment and Infrastructure Fund as director and the RBI, SEBI, SIDBI, Bank of Maharashtra, Bank of India, General Insurance Corporation Limited, New India Assurance Company Limited and United India Insurance Company Limited as their board member respectively. He is currently associated with Tech Mahindra Limited, Bajaj Finance Limited, The Tata Power Company Limited and Hindustan Unilever Limited as independent director.

Zarin Daruwala

Zarin Daruwala

Zarin Bomi Daruwala is a Non-Executive Independent Director of our Company. She is a fellow member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India. She was previously associated with ICICI Bank Limited as president and Standard Chartered Bank as chief executive officer – India and South Asia. She has received awards such as 100 Top Most Influential BFSI Leaders, Ladies’ Wing IMC Award for Outstanding Contribution in Banking and Financial Services 2018-2018, multiple BusinessToday Most Powerful Women in Indian Business award, Banking CEO of the Year award by The European.

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