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PhonePe is a digital payments platform through which users can send and receive money, recharge mobile, DTH, data cards, pay at stores, make utility payments, buy gold and make investments.
PhonePe is a digital payments platform through which users can send and receive money, recharge mobile, DTH, data cards, pay at stores, make utility payments, buy gold and make investments. PhonePe forayed into financial services in 2017 with the launch of gold providing users with a safe and convenient option to buy 24-karat gold securely on its platform. PhonePe then offered several mutual funds and insurance products like tax-saving funds, liquid funds, international travel insurance and Corona Care, a dedicated insurance product for the COVID-19 pandemic among others. PhonePe also launched its switch platform in 2018 and customers can place orders on over 300 apps including Ola, Swiggy, Myntra, IRCTC, Goibibo and RedBus directly from within the PhonePe mobile app.
Total Funding
$2.5B
Investors
:
1.
General Atlantic
2.
Flipkart
3.
Walmart
$100M
Series Name
:
OTHER
Date
:
15th Feb 2023
Investors
:
1.
TVS Capital Funds
2.
Ribbit Capital
3.
Tiger Global Management
Snmatrix Software Pvt Ltd
At SNMatrix, we believe software should be more than just lines of code. It should be a force for change, a catalyst for progress, and a foundation for sustainable innovation. From the very beginning, our mission has been to design transformative solutions that empower businesses to thrive in a dynamic, connected world.
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