PhonePe

PhonePe is a mobile payments application that enables users to transfer money instantly using just their mobile number. The platform is built on the Unified Payments Interface (UPI) and incorporates a digital wallet, making digital payments simple and secure. PhonePe aims to eliminate the need for cash and cards by providing a universally accepted payment solution, thereby enhancing the overall commerce experience for both customers and businesses. Its focus is on facilitating seamless transactions in the digital payment landscape.

Rahul Chari

Co-Founder, CTO and Board Member

Vishal Gupta

CEO of PhonePe Insurance

Sameer Nigam

Founder and CEO

8 past transactions

Indus OS

Acquisition in 2022
Indus OS is a regional operating system tailored for the unique needs of smartphone users in India, focusing on linguistic preferences and accessibility. Built on Android, it aims to provide a simplified smartphone experience for first-time internet users, catering to diverse ecosystems and promoting digital inclusion. Indus OS includes the Indus App Bazaar, which is India's rapidly growing app platform that emphasizes app localization and personalization. By utilizing artificial intelligence and machine learning, it supports developers in translating their apps into various Indian languages at no cost. Indus OS is also integrated with the Samsung Galaxy Store in India, further enhancing its reach and impact in bridging the digital divide.

OpenQ

Acquisition in 2022
OpenQ is a smart beta wealth management platform, which designs investment strategies and optimal portfolio construction advice. It additionally provides retail and institutional buyers with buying and selling baskets and funding analytics companies. The company was founded in 2018 and is based in Mumbai, India.

WealthDesk

Acquisition in 2022
WealthDesk is an online investment platform that provides users with access to systematic and curated investment products, enabling them to build both long-term and short-term portfolios. The platform offers a selection of funds tailored to various risk appetites, allowing users to make informed investment decisions. WealthDesk emphasizes a low-cost and transparent approach to investing, simplifying the process of capital market participation. By allowing users to monitor their investments through a single portal, the company aims to make investing more accessible and hassle-free for individuals seeking to grow their wealth.

GigIndia

Acquisition in 2022
GigIndia is a freelancing marketplace that connects businesses with a gig workforce to fulfill on-demand project needs. The platform caters to companies seeking to complete short-term, valuable tasks efficiently, utilizing a well-trained pool of jobseekers across major cities in India. By leveraging advanced technologies, including machine learning and artificial intelligence, GigIndia ensures faster turnaround times and maintains quality standards for the services provided. This approach allows students and job seekers to earn income while helping businesses access a reliable workforce, effectively saving time and enhancing productivity.

Indus App Bazaar

Acquisition in 2021
Indus App Bazaar is an Indian alternative android app store, specially designed for Indians to enhance user experience with localization, simplicity, personalization, and performance optimization.

PhonePe

Corporate Round in 2019
PhonePe is a mobile payments application that enables users to transfer money instantly using just their mobile number. The platform is built on the Unified Payments Interface (UPI) and incorporates a digital wallet, making digital payments simple and secure. PhonePe aims to eliminate the need for cash and cards by providing a universally accepted payment solution, thereby enhancing the overall commerce experience for both customers and businesses. Its focus is on facilitating seamless transactions in the digital payment landscape.

PhonePe

Corporate Round in 2019
PhonePe is a mobile payments application that enables users to transfer money instantly using just their mobile number. The platform is built on the Unified Payments Interface (UPI) and incorporates a digital wallet, making digital payments simple and secure. PhonePe aims to eliminate the need for cash and cards by providing a universally accepted payment solution, thereby enhancing the overall commerce experience for both customers and businesses. Its focus is on facilitating seamless transactions in the digital payment landscape.

Zopper

Acquisition in 2018
Zopper is an insurance infrastructure API platform that collaborates with insurance providers to create personalized insurance products for distribution partners. The company specializes in enhancing sales, operations, and marketing within the insurance sector. Zopper's marketplace facilitates access to insurance through features such as a mobile application, customer relationship management (CRM) tools, digital onboarding, and real-time claim tracking. This comprehensive approach enables clients to effectively curate and offer suitable insurance plans tailored to their customers' needs. By democratizing access to insurance distribution, Zopper plays a significant role in streamlining the insurance process for both providers and consumers.
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