PhonePe
Bidding Dates
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Min. Investment
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Lot Size
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Price Range
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Launched in 2015, PhonePe is a prominent Indian digital payment platform, facilitating diverse financial transactions like P2P payments, bill settlements, and online purchases. Originating as a payment app, it has broadened its scope to include insur...
Parent organisation
PhonePe
PhonePe dominates India's digital payment landscape, commanding roughly 48.4% of UPI transaction volume, exceeding 310 million daily transactions. This market leadership provides PhonePe with considerable brand awareness and significant user confidence.
PhonePe boasts a vast reach in India's digital payment landscape, featuring a huge network: more than 590 million users and 40 million merchants widely distributed across both urban and rural areas.
PhonePe offers a wide array of services beyond payments, including insurance, wealth management, lending, and e-commerce, creating varied revenue opportunities. Features like mutual funds, gold purchases, and insurance are integrated into the app, enriching its ecosystem and fostering user retention.
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