PhonePe

PhonePe was acquired by Flipkart on Apr 2016. PhonePe is a UPI-based app that allows users to send and receive money, pay bills and pay...

STATUS: Acquired/Merged
FOUNDING YEAR: 2015 LOCATION: India
Last Update: 19/01/2021

About

Revolutionising Payments in India

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Inner Circle Analysis

PhonePe was acquired by Flipkart on Apr 2016. PhonePe is a UPI-based app that allows users to send and receive money, pay bills and pay retail or online merchants. Users have to link their mobile number to their accounts.

Focus

PRODUCTS & SERVICES

PhonePe payment app for money transfer, utility bills, merchant transactions, recharges, etc.

Traction

VALUATION / MARKET CAP:

$16 B in 2020

COMPANY TYPE:

For Profit

REVENUE COMMENT:

FY20 revenue of the company has increased to Rs. 3,629 crore, overall transactions have grown by over 50%.

company provided insights
Acquisitions

M&A

ACQUIRED BY

coinpay

ANNOUNCED DATE

Apr 2016

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

3,622,972

AVERAGE VISITS (6 MONTHS)

3,132,941.84

MONTHLY VISITS GROWTH

43.08%

VISIT DURATION

184

VISIT DURATION GROWTH

34.31%

PAGE VIEWS VISIT

3.34

PAGE VIEWS VISIT GROWTH

3.91%

BOUNCE RATE

57%

BOUNCE RATE GROWTH

-3.4%

GLOBAL TRAFFIC RANK

14,314

MONTHLY RANK CHANGE

-8,375

MONTHLY RANK GROWTH

-36.91%

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