PhonePe is India's largest digital payments platform, operating within the country's Unified Payments Interface (UPI) ecosystem. Its flagship product, the PhonePe app launched in August 2016, has amassed over 600 million registered users. The platform connects a merchant network of over 40 million and processes more than 330 million daily transactions, with an annualized total payment value exceeding INR 150 lakh crore.
Beyond payments, the company has expanded into broader financial services and consumer technology. Its portfolio includes Share.Market, a wealth and investment platform, and Indus Appstore, a localized Android application store designed for the Indian market. The company's operational scope covers digital payments, insurance, lending, and wealth management.
PhonePe's business is centered in India, where it operates at a scale that positions it as a critical piece of the national digital infrastructure. Engineering teams work on systems designed to handle massive transaction volumes and serve a vast user base across multiple product lines.
