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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Founded in 2015 and headquartered in Bangalore, India, PhonePe is a prominent Indian digital payment platform. Co-founded by Sameer Nigam, Rahul Chari, and Burzin Engineer, it allows users to conduct P2P transactions, pay bills, shop online, and acce...
Parent organisation
PhonePe
PhonePe dominates India's digital payments with a substantial 48.4% UPI transaction share, processing over 310 million transactions each day. This dominant position provides PhonePe with powerful brand recognition and considerable user trust.
PhonePe boasts a substantial presence in India's digital payment landscape, featuring a vast user base of over 590 million registered individuals and a merchant network spanning 40 million, reaching both urban and rural areas.
PhonePe offers a diverse service portfolio beyond payments, including insurance, wealth management, lending, and e-commerce, enabling various revenue sources. The app provides features like mutual funds, gold purchases, and insurance products, expanding its services to enhance user retention within its ecosystem.
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