PhonePe Limited IPO: Launch Date, Share Price, Size & Review

PhonePe works in powering a broad ecosystem across Payments Services, Digital Distribution Services, and Financial Services through building digital platforms for population-scale adoption. The company objective is to unlock the flow of funds and enable access to goods and services for users across India. The company operation works in three digital platforms. The first is PhonePe Platform, which serving both consumers and merchants, featuring consumer payment & services, merchant payment, lending and insurance products distribution. The other two are new platforms Share.Market & Indus Appstore which is digital investing platform offering equity trading, ETFs, futures and options, Mutual funds and another app enables users to discover, download, and update mobile apps and access digital games and applications across categories, respectively. As of March 31, 2025, according to the Redseer Report, PhonePe had 44.87 million LTD registered merchants, covering 77–80% of India’s 56–58 million trade and services merchant base.