PhonePe

Founders

• Sameer Nigam (India · ♂) — A serial entrepreneur whose media-distribution startup Mime360 was acquired by Flipkart, where he became a senior engineering leader, Nigam co-founded PhonePe in 2015 to build a UPI-based digital payments platform in India.
• Rahul Chari (India · ♂) — A technology leader who worked with Nigam at Mime360 and Flipkart, Chari co-founded PhonePe in 2015 as CTO, building the engineering behind its UPI payments app.
• Burzin Engineer (India · ♂) — A US-experienced engineering executive who joined Flipkart, Engineer co-founded PhonePe in 2015, contributing reliability and infrastructure expertise to the payments platform.
• Ajay Bhat

Team & hubs

Around 17,121 people on the team.

In the network

PhonePe, a leading Indian UPI digital payments app controlled by Walmart, has raised $2571M across 8 rounds and is backed by General Atlantic, Walmart, Tiger Global, Ribbit Capital, and Flipkart. Through shared capital it connects to a cluster of fintech and payments companies, sharing two investors each with BharatPe, CRED, Razorpay, Spendesk, and Brex (plus NoBroker), placing it alongside both Indian and global fintech peers. With a network centrality score of 56 and a team of 17121 concentrated in Bengaluru (80%) and Mumbai (5%), it sits as a well-funded node within the broader payments and fintech financing network.