If you own a smartphone, and you prefer online payments, chances are, you already have PhonePe installed on your device. Right? Well, PhonePe in India is literally synonymous with online payments. And PhonePe is the one that made the whole online transaction thing popular in the country. In between all that cool stuff and the magic of transacting online, at some point, you may have thought about whether or not PhonePe is an Indian company. Correct? Well, the short and sweet answer is: Yes, PhonePe is an Indian company. And if you wanna know more about this awesome company, whose products you use on a day-to-day basis, then keep on reading.
Highlights Of PhonePe Company Details:
| PhonePe Company Is From Which Country | India |
| Established Year | 2015 |
| PhonePe Company Owner | The Walt Disney Company |
| PhonePe Company Headquarters | Bengaluru, Karnataka, India |
| Products Of PhonePe | Digital payments, Mobile payments, Payment systems, Financial services, Merchant payments, Mutual funds, Insurance, Digital gold, Payment gateway, Account Aggregator, and Merchant Lending. |
| PhonePe Company Founders | Sameer Nigam |
| Parent Company Of PhonePe | Walmart |
PhonePe’s Journey
Back in December 2015, three guys, Sameer Nigam, Rahul Chari, and Burzin Engineer thought, “Why not make payments simpler for everyone?” And just like that, PhonePe was born! Now, imagine having a tool that lets you handle all your money matters with just a few clicks, whether you speak Hindi, Tamil, Bengali, or any of the 11 different languages in India. Yep, that’s PhonePe, making sure everyone can use it no matter what language they speak. PhonePe is like your mini bank and shopping assistant all in one! Need to pay your bills? Check. Want to recharge your phone? And there are more than 3.5 crore places, both shops you visit and websites you surf, where you can use PhonePe. So it’s pretty much everywhere!
Expansion And Growth Of PhonePe
Have you ever heard of those amazing stories where a small idea turns into something big? Well, PhonePe has one of those tales! See, back in April 2016, there was this big shopping company called Flipkart. They saw something special in PhonePe and they decided to team up! So, they did, and that’s when things really started rolling for PhonePe. Joining forces with Flipkart was like adding fuel to a fire. Soon after, PhonePe shook hands with Yes Bank, and together, they came up with a cool app to make paying with your phone super easy. And by August 2017, just a little over a year later, PhonePe was on top of the game! They even went ahead of another big player called BHIM in the number of UPI transactions.
Anantha Nageswaran is the chief editor and writer at TheBusinessBlaze.com. He specialises in business, finance, insurance, loan investment topics. With a strong background in business-finance and a passion for demystifying complex concepts, Anantha brings a unique perspective to his writing.
