PhonePe Company Profile, Funding News & Updates

With this approval, PhonePe can now expand its services to more online merchants, especially small and medium businesses (SMEs) across India.

In this role, he will lead the company’s engagement with policymakers and regulators, working on key strategic initiatives and shaping policy discussions. He will be part of the leadership team alongside founders Sameer Nigam and Rahul Chari.

According to BSE data, PhonePe sold 27.21 lakh shares of MapmyIndia’s parent company, CE Info Systems, at Rs 1,786.22 each. As a result, its stake in the company dropped from 18.74% to 13.74%.

The service runs 24/7 and delivers medicines from nearby local pharmacies—not from dark stores like some other platforms. Pincode also offers discounts directly from local stores and doesn’t charge any delivery fee.

Walmart-backed PhonePe announced on Thursday that it has begun preparations for its IPO on Indian stock exchanges.

PhonePe is dedicated to ensuring safe digital payments for millions of Indians through its Trust & Safety initiatives. They look out for any unusual transaction patterns at the user or category level to prevent misuse.

Manish serves on various policy committees for education, employment and employability. He served as an Independent Director on the Board of the Reserve Bank of India (RBI).

Zeta, slice, PhonePe, Open, Groww, CRED, CoinSwitch Kuber, BharatPe, CoinDCX, and Onecard are the Top 13 Fintech Unicorns in India.

GooglePay, PhonePe (supported by Walmart), and AmazonPay are three of the five payment companies vying to participate in the Indian central bank's digital currency trial.

Fintech company Volt Money formed a strategic alliance with PhonePe to provide mutual fund loans to the company's clients. PhonePe is a major player in digital payments.