Private Market View

PhonePe

Fintech · Bangalore, Karnataka · Founded 2012 · Privately Held (backing)

Last price · $/share
Implied valuation
$14.5B
Total raised
$2.9B
Last round
Secondary
Oct 2025

Key facts

  • PhonePe’s last known valuation is $14.5B (Oct 2025).
  • It has raised $2.9B across 6 recorded rounds; the latest was Later Stage VC ($600.0M) in Oct 2025.
  • Notable investors include Tiger Global Management, General Atlantic, Ribbit Capital, Microsoft, Qatar Investment Authority9 tracked in total.
  • Status: Privately Held (backing).

Leadership

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  • ·Post-money valuations for all 6 rounds
  • ·The complete investor list — 9 names
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Funding rounds

6 rounds
Oct 2025Secondary$600.0M
May 2023Growth Equity (tranche 4 of $850M round)$100.0M
Mar 2023Growth Equity (tranche 3 of $850M round)$200.0M
Feb 2023Growth Equity (tranche 2 of $850M round)$100.0M
Jan 2023Growth Equity (tranche 1 of $850M round)$350.0M

About PhonePe

Developer of a mobile payment application intended to facilitate digital payments among individuals and businesses. The company's application specializes in an online payment system to send money, recharge, and pay bills via a Unified Payments Interface and a digital wallet and also offers a range of financial services, including insurance, investments, and lending, enabling users to make easy transactions with anyone using a mobile number or QR code.

Industry
Fintech
Sector
Information Technology
HQ
Bangalore, Karnataka, India
Founded
2012
Employees
12,338
Ownership
Privately Held (backing)
PA Mark — not yet priced

PhonePe doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.

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Recorded secondary trades

No prints on record

No secondary trades in PhonePe shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

Pro members can request priority coverage with a 48-hour turnaround.

Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on PhonePe in its N-PORT filings yet. We sweep new filings monthly.

Pro members can request priority coverage with a 48-hour turnaround.