PhonePe announces the opening of its new 50,000 sq ft office in Pune
The new office will be fully functional from this week, and will seat about 400 employees
National, Sep 27th, 2022: PhonePe, India’s leading fintech platform, announced the opening of its new office in Pune, Maharashtra. The new space, will be able to accommodate close to 400 employees, and will be fully functional from this week.
The new office spread across an area of 50,000 sq.ft has been designed with plenty of open spaces allowing for effective collaboration and interaction among teams. In addition to the dynamic work spaces, the new office has a 3,000 sq.ft. cafeteria that will serve local and multi-cuisine food for the company’s diverse employee base. In line with the company’s gender diversity and inclusion mission, the new space offers inclusive and gender neutral spaces, fostering a safe and friendly workspace.
PhonePe was founded in December 2015, and has emerged as India’s largest payments app, enabling digital inclusion for consumers and merchants alike. With 40+ crore (400+ Million) registered users, one in four Indians are now on PhonePe. The company has also successfully digitized 3.2 crore (32 Million) offline merchants spread across Tier 2,3,4 and beyond, covering 99% pin codes in the country. PhonePe forayed into financial services in 2017, providing users with a safe and convenient option to buy 24-karat gold, and has recently also launched silver on its platform. Since then, PhonePe has introduced several Mutual Funds and Insurance products like tax-saving funds, liquid funds, international travel insurance, life insurance, COVID-19 insurance amongst others. Using PhonePe, users can also send and receive money, recharge mobile, DTH, pay at stores and make all their utility payments. PhonePe was recently recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report 2022 by Trust Research Advisory (TRA).
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