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PhonePe
4.0
based on 2.1k Reviews
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Associated Companies
Company Locations
Working at PhonePe
Company Summary
online portal for monetary transactions, bill payments and shopping
Overall Rating
4.0/5
based on 2.1k reviews
15% above
industry average
Highly rated for
Salary & Benefits, Company Culture
Work Policy
Work from office
60% employees reported
Monday to Saturday
61% employees reported
Flexible timing
54% employees reported
Within city
63% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
106 employees reported
Health insurance
104 employees reported
Office cab/shuttle
45 employees reported
Professional degree assistance
45 employees reported
View all benefits
About PhonePe
Founded in2015 (9 yrs old)
India Employee Count10k-50k
Global Employee Count--
India HeadquartersBangalore,Karnataka, India
Office Locations
Websitephonepe.com
Primary Industry
Other Industries
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PhonePe Private Limited or PhonePe is an Indian e-commerce payment system and digital wallet company headquartered in Bangalore, India. It was founded in December 2015,[3] by Sameer Nigam and Rahul Chari. PhonePe app went live in August 2016 and was the first payment app built on Unified Payments Interface (UPI). The PhonePe app is available in over 11 Indian languages.Using PhonePe, users can send and receive money, DTH, recharge mobile, data cards, make utility payments, buy gold and shop online and offline. In addition PhonePe also allows users to book Ola rides, pay for Redbus tickets, order food on Freshmenu, eaf, fit and avail Goibibo Flight and Hotel services through microapps on its platform.
Vision: To build a large, scalable & open transaction ecosystem that creates the maximum positive impact for all stakeholders.
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PhonePe Subsidiaries
Zopper
3.3
• 215 reviews
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AmbitionBox Best Places to Work in India Awards
Best of the best, rated by employees
PhonePe won India’s Largest Employee Choice Awards in Tech Startups Companies Category.
#6 Top Rated Tech Startups
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PhonePe Ratings
based on 2.1k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
1.1k
4
431
3
232
2
93
1
198
Category Ratings
4.0
Salary & Benefits
3.8
Company Culture
3.7
Job Security
3.7
Skill Development
3.7
Work-Life Balance
3.6
Work Satisfaction
3.4
Promotions/Appraisal
PhonePe is rated 4.0 out of 5 stars on AmbitionBox, based on 2.1k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at PhonePe
based on 1.9k reviews
3.5
Rated by 162 Women
Rated 3.5 for Job Security and 3.5 for Salary & Benefits
4.0
Rated by 1.8k Men
Rated 4.0 for Salary & Benefits and 3.8 for Company Culture
Work Policy at PhonePe
based on 339 reviews in last 6 months
Work from office
60%
Hybrid
31%
Permanent work from home
9%
PhonePe Reviews
Top mentions in PhonePe Reviews
+ 5 more
Compare PhonePe with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 2.1k reviews | 4.0/5 based on 358 reviews | 4.2/5 based on 174 reviews | 4.0/5 based on 116 reviews |
Highly Rated for | Salary & Benefits Company culture | Work-Life balance Salary & Benefits Job Security | Company culture Skill development Work-Life balance | Skill development Company culture Salary & Benefits |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 60% employees reported | Work from office 87% employees reported | Work from office 48% employees reported | - |
Rating by Women Employees | 3.5 Good rated by 162 women | 4.0 Good rated by 58 women | 4.6 Excellent rated by 8 women | 4.2 Good rated by 14 women |
Rating by Men Employees | 4.0 Good rated by 1.8k men | 3.7 Good rated by 248 men | 4.2 Good rated by 142 men | 4.0 Good rated by 88 men |
Job Security | 3.7 Good | 3.8 Good | 3.7 Good | 3.6 Good |
View more
PhonePe Salaries
4.0
rated by 2.1k employees for salariesKey Accounts Executive
(664 salaries)
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₹2.5 L/yr - ₹7.6 L/yr
Territory Sales Manager
(540 salaries)
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₹4.5 L/yr - ₹10.5 L/yr
Business Development Executive
(485 salaries)
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₹1.7 L/yr - ₹4.5 L/yr
Business Development Associate
(367 salaries)
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₹2.4 L/yr - ₹6 L/yr
Area Sales Manager
(335 salaries)
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₹6.5 L/yr - ₹15.9 L/yr
Software Engineer
(254 salaries)
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₹14.1 L/yr - ₹54.8 L/yr
Team Lead
(232 salaries)
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₹2 L/yr - ₹6 L/yr
Sales Executive
(213 salaries)
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₹1.7 L/yr - ₹5.1 L/yr
Senior Territory Sales Manager
(166 salaries)
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₹5.9 L/yr - ₹10.7 L/yr
Operations Analyst
(155 salaries)
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₹3.5 L/yr - ₹11.6 L/yr
PhonePe Interview Questions
Interview questions by designation
Top interview questions and answers
Get interview-ready with top interview questions
Interview Process at PhonePe
based on 154 interviews in last 1 year
Interview Experience
4.0
Good
Difficulty level
Easy
13%
Moderate
68%
Hard
19%
People are getting interviews through
based on 184 PhonePe interviews
Job Portal
31%
Referral
19%
Campus Placement
16%
Company Website
10%
*24% candidates got the interview through other sources
High confidence
PhonePe Jobs
PhonePe News
View all
PhonePe, G-Pay lead UPI in Nov; Flipkart's super.money overtakes Amazon Pay
- PhonePe maintained its dominance in the UPI market with 7.4 billion transactions amounting to Rs 10,88,635.03 crore.
- Google Pay followed as the second-largest UPI player, processing 5.7 billion transactions worth Rs 7,64,639.66 crore.
- Paytm (OCL) retained its position as the third-largest player, facilitating over 1 billion transactions worth Rs 1,18,004.06 crore.
- Flipkart's super.money overtook Amazon Pay, handling 78.49 million transactions valued at Rs 3,130.10 crore.
Entrackr | 10 Dec, 2024
PhonePe launches comprehensive dengue and malaria insurance plan for Rs 59
- PhonePe has launched a comprehensive Dengue and Malaria Insurance Plan priced at Rs 59 annually.
- The insurance plan provides year-round coverage of up to Rs 1 lakh for medical expenses related to vector and air-borne diseases.
- It covers 10+ diseases, including malaria, dengue, chikungunya, and typhoid, and includes hospitalisation, diagnosis, and ICU stays.
- Users can purchase, manage, and file claims through the PhonePe app with a 100% digital claims process.
Yourstory | 6 Dec, 2024
PhonePe To Discontinue Partnership With Juspay, Cites Conflict Of Interest
- PhonePe will discontinue its partnership with payment orchestration platform Juspay and other payment aggregators.
- PhonePe aims to establish direct integrations with merchants and own the entire value chain of transactions.
- The move could potentially affect Juspay, as 15% of PhonePe's payment gateway volume is processed through it.
- PhonePe cites a conflict of interest and the desire for better control over transaction success rates as reasons for discontinuing third-party partnerships.
Inc42 | 3 Dec, 2024
UPI Transactions Drop 6.6% MoM In November
- The Unified Payments Interface (UPI) transactions dropped 6.6% month-on-month (MoM) to 15.48 Bn in November.
- The total UPI transactions processed in November amounted to INR 21.55 Lakh Cr, representing an 8.3% decline compared to the previous month.
- PhonePe and Google Pay continue to dominate the UPI market share with 48.4% and 37.3% respectively.
- The volume of UPI transactions surged by 37% year-on-year (YoY).
Inc42 | 2 Dec, 2024
UPI records 6.6% dip in November, maintains 38% YoY growth
- UPI recorded a 6.6% decline in transactions and an 8.3% decline in transaction value in November compared to October.
- However, UPI experienced a 38% year-on-year growth in transaction count and 24% growth in transaction amount.
- PhonePe's market share dropped slightly, while Google Pay and Paytm's shares remained unchanged.
- NPCI's international arm is discussing with several countries to develop systems similar to UPI.
Entrackr | 1 Dec, 2024
Exclusive: PhonePe’s Pincode Pilots 20-Mins Delivery To Take On Zepto, Blinkit
- PhonePe’s Pincode is piloting a quick delivery service in select cities.
- The service delivers groceries and other products in 10-20 minutes.
- Pincode follows a marketplace model, bringing together local stores and buyers.
- Pincode enters the quick commerce space, competing with Blinkit and Zepto.
Inc42 | 26 Nov, 2024
PhonePe wants to ditch the cloud; launches Edge Framework to process financial data directly on phone
- PhonePe has developed the Edge Framework for on-device processing of financial data
- The framework reduces the dependency on internet connectivity and enhances data privacy
- It can process tasks such as bill extraction from SMS, vehicle inspection, and credit card recognition
- PhonePe plans to expand the framework's capabilities and enhance KYC processes in the future
Yourstory | 26 Nov, 2024
Binny Bansal Steps Down from PhonePe Board, Manish Sabharwal Joins as Independent Director
- Flipkart co-founder Binny Bansal has stepped down from the Board of Directors of fintech platform PhonePe.
- Manish Sabharwal, a seasoned industry leader, has joined as an Independent Director and Chair of the Audit Committee.
- Sabharwal will oversee financial reporting, internal controls, and risk management systems.
- PhonePe aims to strengthen its governance framework and leverage Sabharwal's expertise in employment policy and economic strategy.
All Things Talent | 25 Nov, 2024
Flipkart co-founder Binny Bansal exits PhonePe board, company appoints Manish Sabharwal
- Flipkart co-founder Binny Bansal has resigned from the board of PhonePe.
- His resignation follows his exit from Flipkart's board earlier this year.
- Manish Sabharwal, vice-chairman of TeamLease Services, has been appointed as an independent director and chair of the audit committee.
- PhonePe continues its aggressive expansion in financial services and consumer tech offerings.
ISN | 23 Nov, 2024
PhonePe appoints Manish Sabharwal as independent director.
- PhonePe has appointed Manish Sabharwal as an Independent Director and Chair of its Audit Committee.
- Manish will be responsible for upholding the integrity and effectiveness of PhonePe’s financial reporting, internal controls, and risk management practices.
- Flipkart’s co-founder, Binny Bansal, has stepped down from PhonePe's Board of Directors.
- Manish Sabharwal's expertise in India's macro economy and policy shaping will be valuable as PhonePe continues to work towards its vision.
VIE Stories | 23 Nov, 2024
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