Sign inLaunch App
BTC——·ETH——·GOLD——·NVDA——·SPCX——·SP500——·CC——·BTC——·ETH——·GOLD——·NVDA——·SPCX——·SP500——·CC——·
PHONEPE
PhonePe
Digital payments and financial services (fintech) · Bengaluru, Karnataka · India · Founded · 2015 · ≈ · 12,558 · employees

PhonePe Valuation: $14.5B After the Oct 2025 General Atlantic growth round

IPO filed

PhonePe was last valued at $14.5B (post-money). It comes from the $600M General Atlantic growth round of Oct 2025. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
PhonePe valuation · at a glance
Last valuation
$14.5B
POST-MONEY · OCT 2025
Lead investors
6
across 4 rounds
Raised across rounds
$2.1B
4 rounds
Date of last round
Oct 2025
closed 30 Oct 2025
Valuation history

How the PhonePe valuation has moved

3 valuations. The latest, $14.5B post-money, was set by the General Atlantic growth round in Oct 2025.

$14.5B
Dec 2020
$5.5B
Flipkart demerger valuation · post-money
Feb 2023
$12.5B
General Atlantic-led growth round · post-money
+127% vs prior valuation
Oct 2025
$14.5BLATEST
General Atlantic growth round · post-money
+16% vs prior valuation
Latest valuation
$14.5Bpost-money
Set by the General Atlantic growth round · 30 Oct 2025
×2.6since the $5.5B Flipkart demerger valuation in Dec 2020
Valuations
3
Priced rounds with a valuation
Event type
Primary round
The General Atlantic growth round · $600M raised
Undated: Strategic investment by Flipkart at —.
Funding rounds

PhonePe rounds and the valuation each one set

4 rounds
Round
Date
Amount
Valuation
Basis
General Atlantic growth round LATEST
30 Oct 2025
$600M
$14.5B
POST-MONEY
General Atlantic-led growth round
1 Feb 2023
$750M
$12.5B
POST-MONEY
Flipkart demerger valuation
1 Dec 2020
$700M
$5.5B
POST-MONEY
Strategic investment by Flipkart
—
$28M
—
—
Lead investors
Leads: Flipkart, General Atlantic, Ribbit Capital, TVS Capital Funds, Tiger Global, Walmart.
Full funding history — PhonePe profile ›
What the valuation means

What the $14.5B actually measures

A private valuation is the price agreed in one transaction. The PhonePe valuation of $14.5B is a post-money figure from the General Atlantic growth round dated 30 Oct 2025 — the whole company measured after the $600M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $13.9B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2015 with roughly 12,558 people has no daily price and no order book between rounds.

Where the $14.5B comes from
EventGeneral Atlantic growth round, dated 30 Oct 2025
Basispost-money
Round size$600M
LeadGeneral Atlantic

Frequently asked questions

How can I get exposure to PhonePe?›

The routes section explains what is realistically available for a company at this stage.

Is PhonePe publicly traded?›

No. PhonePe is a private company; its shares do not trade on a public exchange.

What is PhonePe's valuation?›

The last valuation is $14.5B.

Who has invested in PhonePe?›

Lead investors for each round are in the funding timeline.

Who are PhonePe's competitors?›

The closest digital payments and financial services (fintech) peers are on the competitors page.

Keep exploring
More in Digital Payments And Financial Services (fintech)
Slate EV competitorscompetitors›Slingshot Aerospace valuationvaluation›Slate Auto funding historyfunding›SmartHR profilecompany · profile›All companiesdirectory›
Learn
Stock perps vs tokenized stocksconcept›RWA perpetualsmarkets · index›Perpetuals vs futuresconcept›What is a perpetual?guide · perpetuals basics›All Learn guideslearn · index›
Listed on Canborsa
Cerebras Systems (CBRS)US equity · perp›ChangXin Memory Technologies (CXMT)Asian equity · perp›SpaceX (SPCX)US equity · perp›Microsoft (MSFT)US equity · perp›All 86 marketsindex›
US equity · Perpetual · 10x

Trade HOOD-PERP on Canborsa

Robinhood Markets · the Canborsa market closest to PhonePe
0.07% per side—Launch App ›HOOD market
SpaceXAnthropicSkild AINscaleScale AIAll companies ›
© Canborsa 2026TermsPrivacy