A Payments App built for India, by Indians

Over the next decade,digital paymentsare going to become more accessible to the next billion users. Our goal is to facilitate this change by building payment solutions for this user base.

2016

Flipkart acquires PhonePe
The PhonePe app goes live

2017

Becomes 1st UPI based app to cross 10 million app downloads
Rated the #1 Finance App on Apple App Store & Google Play Store
Emerges as the largest driver of UPI transactions nationwide
Hits 1 million app transactions in a day

2018

Launches Micro-apps on the platform
Wins the NPCI award for excellence as a UPI Merchant
Crosses 1 Billion transactions on the app

2019

Crosses 2 billion transactions on the app
Wins the ‘Best Mobile Payment Product or Service’ at the 9th IAMAI India Digital Awards.
Ranks amongst Top 10 most trusted Digital Brands in India by Brand Equity
Ranks amongst Top 10 most trafficked platforms by Comscore

2020

Wins the best mobile payment product/service category and the technology category at IAMAI India digital awards
The PhonePe ATM goes live across 10 lakh stores in 300 cities
LaunchesLiquid funds,Super fundsand 7 more curated MF category products
LaunchesTravel Insurance,Coronavirus Insurance, Motor Insurance & more Insurance offerings
Becomes India’s fastest growing insure-tech distributor with a sale of 5 lakh policies in 5 months
Crosses the 250 million registered users mark; market-leading share of over 40% in UPI transactions

Awards &
Accolades

Excellence in WealthTech

Third ET BFSI Innovation Tribe Virtual Summit & Awards (APAC edition)

Telecom &
Technology

Best campaign under the
Telecom & Technology category
at the IndIAA Awards 2018

India Retail
and e- Retail

PhonePe announced as a
winner at 8th Annual India
Retail and e- Retail Awards 2019

IAMAI Digital
Award 2019

IAMAI 9th India Digital
Awards 2019

Our Founders

Sameer Nigam

Sameer Nigam founded PhonePe in 2015 and serves as its Chief Executive Officer. Before PhonePe, he served as the SVP Engineering and VP Marketing at Flipkart. His Flipkart journey started in 2011 when the company acquired his earlier startup - Mime360, a digital media distribution platform. Sameer has also served as the Director of Product Management at Shopzilla Inc, where he built the company's proprietary shopping search engine. In 2009, he won the coveted Wharton Venture Award, bestowed by the prestigious Wharton Business School. He holds an MBA from the Wharton Business School (University of Pennsylvania), USA, and a Master’s degree in Computer Science from the University of Arizona, Tucson-USA.

Rahul Chari

Rahul Chari is the Chief Technology officer at PhonePe. He comes with two decades of experience spanning embedded systems, enterprise software development, e-commerce platforms and apps. Prior to PhonePe he was working as the VP Engineering at Flipkart and was responsible for building the best-in-class supply chain system for e-commerce. He joined Flipkart in 2011 through the acquisition of Mallers Inc where he served as the Chief Technology Officer and built Mime360, their flagship product. Prior to Mallers, Rahul was with the Data Center Business Unit at Cisco Systems where he was part of the team that developed the market changing MDS 9000 family of SAN switches. He is named on multiple storage virtualization related patents. Rahul holds a Masters degree in Computer Science from Purdue University, USA and a Bachelor's degree in Computer Engineering from Bombay (Mumbai) University, India (Gold Medalist).

Burzin Engineer

Burzin is the Chief Reliability Officer at PhonePe. He has more than 25 years of experience in the dot-com space. During his stint at PhonePe, he has built web scale infrastructure and led multiple engineering projects including running and building PhonePe's web serving layer, cloud systems, network, storage and CDN. He’s passionate about building software at scale. Previously, he helped build Mime360, the flagship product at Mallers Inc. He set up their web services, Internal-IT, Application Engineering, Storage Networks and Configuration Services. While at Mallers Inc, he helped redesign the company’s infrastructure for unprecedented growth (100% year over). He holds a Master of Science in Computer Science from the University of Southern California.

To build a large, scalable & open
transaction ecosystem that
creates the maximum positive
impact for all stakeholders

A Payments App built for India, by Indians

2016

2017

2018

2019

2020