Phonepe

PhonePe rebrands Indus Appstore, expands into digital goods and webstore

The app marketplace, now present on more than 200 million devices through OEM partnerships, is adding gift cards, top-ups and a webstore as it seeks to broaden its reach among consumers and developers

BFSI Insight Summit: MDR vital to sustain UPI growth, says PhonePe CEO

PhonePe CEO Sameer Nigam calls for restoring MDR to sustain UPI growth, while outlining plans to expand feature-phone payments, affordable credit and financial services

Still have 600 mn users left to acquire on UPI: PhonePe chief Sameer Nigam

At the BFSI Insight Summit 2026, PhonePe CEO Sameer Nigam outlined plans to take UPI to a billion Indians, while questioning market share caps and backing MDR to sustain digital payments

PhonePe CEO Sameer Nigam backs DPDP Act, says no impact on business

PhonePe founder and Chief Executive Officer Sameer Nigam on Tuesday said the fintech major is not concerned about the impact of the Digital Personal Data Protection (DPDP) Act on its business operatio

PhonePe launches Tatkal NPS, lets users open pension accounts with ₹250

The new facility allows users to open government-backed NPS accounts digitally with contributions starting at Rs 250, using existing bank KYC details and one-time OTP authentication

UPI needs sustainable revenue model for growth: PhonePe CEO on MDR debate

At Business Standard BFSI Insight Summit, PhonePe's Sameer Nigam says MDR is necessary for UPI's growth, while questioning criticism of foreign investors who helped build India's payments ecosystem

PhonePe CEO Sameer Nigam backs DPDP Act, says no impact on business

At the Business Standard BFSI Summit, PhonePe CEO Sameer Nigam says the company established a dedicated data privacy function as early as 2018

PhonePe Invest aims to bring everyday savers into equities: Rahul Chari

Digital payments and fintech major PhonePe sees an opportunity to bring millions of Indians who save through gold, fixed deposits and mutual funds into the equity market, with its rebranded 'PhonePe Invest' platform serving as a "bridge" for first-time investors, according to Founder & CPTO Rahul Chari. PhonePe on Monday rebranded its investing and trading platform Share.Market as PhonePe Invest, bringing it into its broader financial ecosystem. The platform combines stocks, IPOs, mutual funds and F&O offerings with a newly launched Portfolio Optimiser, a proprietary tool to help users build, review and optimise their portfolios. Chari, who is PhonePe's Founder & Chief Product and Technology Officer, told PTI that the rebranding reflects a broader shift in the company's approach, from serving active investors and traders to also addressing those who have begun saving through smaller, regular investments and may now want to enter the equity market. "When we started ...

PhonePe to hire 20,000 staff, deploy 5 mn payment devices in 12 months

PhonePe on Thursday announced plans to accelerate the expansion of its merchant network and take digital payment infrastructure deeper into India's towns and villages. As part of the expansion, PhonePe plans to hire more than 20,000 frontline sales personnel on its rolls over the next year. The company will also deploy more than 50 lakh payment devices over the next 12 months, including SmartSpeakers and POS devices with approximately 50 per cent of these devices in rural India, taking digital payment acceptance deeper into Tier 6 towns and rural geographies. The recently announced MDR framework allows the company to take a long view and invest in merchant expansion. Initiatives like a dedicated fund using 5 per cent of the MDR amount collected earmarked for small merchant expansion, are further catalysing these investments, especially in deep rural geographies including tier 6 towns and villages. The new labour codes introduced last year, are also enabling the company to hire faste

PhonePe secures UAE payments licences, plans Aani, Jaywan support

The fintech major has received in-principle approval for two UAE payments licences and plans to support domestic payment rails Aani and Jaywan ahead of its commercial launch

PhonePe receives initial UAE central bank nod for payment licenses

PhonePe has received in-principle approval from the UAE central bank for two licences covering retail payments, card schemes and stored-value facilities

No concentration risk, UPI is interoperable: PhonePe cofounder Rahul Chari

Rahul Chari, cofounder and chief technology officer, outlines his plans for the next decade and addresses concerns around concentration risk

PhonePe's Sameer Nigam Unveils Vision for Next Decade of Financial Inclusion at GFF 2026

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PhonePe to launch UAE operations in its first international market foray

The fintech major has secured two licences from the Central Bank of the UAE to offer consumer payment instruments and e-payment acceptance infrastructure to merchants.

NSE, PhonePe to lead IPO wave as 239 firms line up to list, say analysts

According to Prime Database data, 21 IPOs are opening in August, up from 12 in July. This marks a sharp spike from the first half of the year.

PhonePe, MeitY sign MoU to integrate PulsePro data in PM GatiShakti portal

Fintech firm PhonePe on Thursday announced that it has signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to integrate its enterprise data intelligence platform, PulsePro, into the PM GatiShakti framework. The platform transforms aggregated and anonymised transaction data into market signals, allowing organisations to access real-world activity trends across various geographies and categories for smarter, data-based decision-making. The collaboration is aimed at supporting national infrastructure planning, economic analysis, and holistic urban and rural development through granular, hyperlocal insights, the company said in a statement. Under the agreement, PhonePe PulsePro metrics will be integrated into the PM GatiShakti National Master Plan portal, which is managed in collaboration with the Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N). "Data-driven intelligence can play an import

UPI is and will remain free for consumers: PhonePe CEO amid charge concerns

Sameer Nigam, CEO of PhonePe, on Saturday said in a social media post that consumers would continue to use UPI free of charge, even as questions around charges for consumers and merchants continued

PhonePe Launches Fixed Deposit Distribution in partnership with Leading Banks & NBFCs

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PhonePe Daily SIP base crosses 500,000; CAMS profit jumps 17.6% to ₹127 cr

PhonePe said 77% of Daily SIP users are from B30 cities, while CAMS reported record mutual fund AUM and double-digit growth in profit and revenue

PhonePe Launches PulsePro: Actionable Data Intelligence for Indian Businesses

~Empowers businesses with accurate, hyperlocal and actionable insights~