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Tag: Sameer Nigam

  • PhonePe clocks 335 Million transactions in July. Hits USD $95 Billion Annual TPV Runrate

    PhonePe clocks 335 Million transactions in July. Hits USD $95 Billion Annual TPV Runrate

    MUMBAI: PhonePe, announced today that it has achieved an annual TPV (Total payment volume) run-rate of $95 billion while clocking 335 Million transactions in July. PhonePe’s TPV run-rate has grown nearly 5X in the past year, since crossing the $20Bn mark in June 2018. This phenomenal growth has come on the back of the exponential expansion of PhonePe’s merchant network, both online and offline.

    PhonePe has invested aggressively on its marketing activities this year and was the official co-presenting sponsor for the TV broadcast of VIVO IPL 2019 and the Official co-presenting sponsor for the TV broadcast of ICC World Cup 2019.

    Sameer Nigam, CEO and Founder PhonePe said, "We are thrilled by the rapid adoption of PhonePe services across India. Last month alone, the PhonePe app was used by 60 million users. This means one out of every 15 Indian adults used the PhonePe app in July. This is both very exciting and very humbling for our company which launched less than 3 years ago.”   

  • Aamir Khan announced as PhonePe brand ambassador

    Aamir Khan announced as PhonePe brand ambassador

    MUMBAI: PhonePe, India’s fastest growing payments platform, today announced Bollywood superstar Aamir Khan as the face of its brand. PhonePe is also an official co-presenting sponsor for the television broadcast of VIVO IPL 2019 and will be launching a series of new TV ads featuring Aamir Khan during this season. Khan's presence in the TV ads and his mass appeal as a national icon will help PhonePe create awareness about the benefits of digital payments for users across India.

    Commenting on the announcement PhonePe CEO and founder Sameer Nigam said, “Aamir Khan is among the world’s biggest superstars today. He is a highly renowned actor who is known for doing path-breaking work in his industry. In his personal capacity too, Aamir has been instrumental in creating awareness about many important social issues in India. His name is synonymous with sincerity, hard work, and dedication to his craft. These are values that are completely in sync with PhonePe’s ethos of trust, security, and reliability, therefore we felt that Aamir is the perfect brand ambassador for our company as we look to introduce Digital Payments to a billion Indians.”

    “We are also very excited to be part of VIVO IPL 2019. Cricket is the most popular sport in the country and VIVO IPL is the biggest sporting event of the year. Thus, we feel it is a great platform for us to launch our new brand campaign with Aamir and create awareness about the PhonePe platform,” he added.

    “PhonePe stands for innovation and trust and has been instrumental in simplifying digital payments for millions of Indians in a very short span of time. I have closely been following PhonePe’s amazing journey and am delighted to be a part of their phenomenal growth trajectory,” said Khan.