# PhonePe funding rounds and investors

As of 13 Oct 2026, PhonePe has raised $1.15B across 3 verified rounds on record; latest: $100 million additional funding tranche round, announced 14 Feb 2023.

PhonePe offers a digital payment and financial services platform that enables consumers and businesses to make transactions seamlessly through their mobile apps, including payment gateways, personal loans, and investment options like mutual funds.

Website: https://www.phonepe.com/  
Headquarters: Bangalore  
Page: https://fireround.dev/companies/phonepe.com

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2023-02-14 | Additional funding tranche | $100 million | not stated | Ribbit Capital, Tiger Global Management, TVS Capital Funds | [phonepe.com](https://www.phonepe.com/press/phonepe-raises-100mn-in-additional-funding-at-a-12-billion-valuation), [livemint.com](https://www.livemint.com/companies/news/phonepe-raises-another-100-mn-from-general-atlantic-its-co-investors-11681293208925.html) |
| 2023-01-19 | Funding round | $350 million | not stated | General Atlantic | [reuters.com](https://www.reuters.com/markets/asia/indias-phonepe-raises-350-million-12-bln-valuation-2023-01-19) |
| 2020-12-02 | Funding round | $700 million | Walmart | none named | [techcrunch.com](https://techcrunch.com/2020/12/02/phonepe-raises-700-million-becomes-a-separate-entity) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.