A Report On Industry Analysis Of Phonepe Internet Private Limited

Introduction

PhonePe is an Indian digital payments and financial services company headquartered in Bangalore, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari, and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016.

The PhonePe app is available in over 11 Indian languages. Using PhonePe, users can send and receive money, recharge mobile, DTH, and data cards, make utility payments, pay at shops, invest in tax saving funds, liquid Funds, buy insurance and mutual funds, and gold. In addition, PhonePe also allows users to book Ola rides, pay for Redbus tickets, and book flights and hotels on Goibibo through the Switch platform.

Company Detail: –

Founder(s): Sameer Nigam; (Founder & CEO)

Parent: Flipkart

Headquarters: Ashford Park View, Bangalore

CIN number: U72400KA2015PTC084844

Key Directors: • Sameer Nigam • Rahul Chari Vardha

Industry: Internet E-commerce

Company Services: –

• Digital Payments
• Financial Services
• Advertising
• Merchant Payments

Market Size

PhonePe provides its services all over India. The area is approx. 3287000 km square. It includes all 29 states and 08 union territories of India. The upper color region of the image shows the services provided by PhonePe company private limited.

market share

Market Share is, very simply, the percentage of a certain sector that your product, service or software is responsible for, calculated by sales. Market share is used to give you an idea of how large, powerful or important your business is within its particular sector. You can calculate your market share by taking your total sales and dividing the figure by the total sales of the entire sector or market you are selling in.