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
What is PhonePe worth?
$14.5Blast known valuation

PhonePe last raised $600.0M in its Secondary (Oct 2025).

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  • ·Post-money valuations for all 6 rounds
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Valuation timeline

2 marks · Dec 2020 – Oct 2025
Growth Equity (spin-off financing)Secondary
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Funding history

6 rounds
DateRoundRaisedPost-money
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
Dec 2020Growth Equity (spin-off financing)$700.0M

How PhonePe's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For PhonePe, too few pricing signals exist to publish a composite mark; the figures above reflect the most recent observed valuation event. Full methodology →

Frequently asked

What is PhonePe worth?
PhonePe's last known valuation is $14.5B.
How much has PhonePe raised?
PhonePe has raised $2.9B in total funding across 6 recorded rounds.
When did PhonePe last raise?
PhonePe last raised in Oct 2025 (Secondary), raising $600.0M.