Sameer Nigam

He co-founded UPI payments company PhonePe in Bengaluru in 2015, backed across 14 rounds by investors including Flipkart, General Atlantic and Walmart.

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Karnataka of Tomorrow

Fintech

Sameer Nigam

PhonePe

He co-founded UPI payments company PhonePe in Bengaluru in 2015, backed across 14 rounds by investors including Flipkart, General Atlantic and Walmart.

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Karnataka of TomorrowNo. 002

PhonePe

Founded2015 · Bengaluru

Raised$2.89B

BackersFlipkart, General Atlantic, Walmart

Compounding moves

2015 · Co-founded PhonePe in Bengaluru with Rahul Chari and Burzin Engineer
2025 · Total funding reached $2.89B across 14 rounds per Inc42, backed by Flipkart, General Atlantic and Walmart
2025 · FY25 revenue ₹7,631.4 Cr, up 33.3% year over year per Inc42
2025 · RBI fined PhonePe ₹21 lakh, order dated September 10, 2025, for escrow-account shortfalls under PPI rules

Series 2026 · No. 002Fact-checked July 17, 2026 · anchored

Record v2 · 5 sources on record · Last recorded July 18, 2026 · Report an error →

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Company

PhonePe

Founded

2015 · Bengaluru

Raised

$2.89B total (14 rounds)

Backers

Flipkart, General Atlantic, Walmart

Sources

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v1 · Minted 2026 · 07 · 17

Entered the record from public filings and credible reporting. sha256 4c83…16ac

Anchored to Bitcoin 2026 · 07 · 18

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Last revised July 18, 2026 · Raised, Backers · Full history →

Record updates

September 3, 2026

Registry: PHONEPE LIMITED (LEI 335800NGJ7E9BD4C6Z11)

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