Tech Company Financing Transactions
PhonePe Funding Round
PhonePe, operating out of Bengaluru Karnataka, secured $500 million from General Atlantic and private investors.
Transaction Overview
Company Name
Announced On
10/21/2022
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Undisclosed
Investors
General Atlantic (Lead Investor)
Proceeds Purpose
PhonePe will use the funds raised to double down on its ambitions to become a financial services super app - offering everything from payments to insurance to investments to commerce.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Office-2 Floor 4 5 6 7 Wing A Block A Salarpuria Softzone Se
Bengaluru Karnataka, 560103
India
Bengaluru Karnataka, 560103
India
Phone
Website
Email Address
Not Recorded
Overview
PhonePe fulfills all your insurance needs with a wide variety of insurance choices that can be bought instantly & easily with no annoying calls and disturbance! Protect your life, car, two-wheeler and much more in a few simple clicks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
Rahul Chari
Founder
Sameer Nigam
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We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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