Co-founder of PhonePe, a fintech company based in Bengaluru.
Burzin Engineer is Co-founder of PhonePe, a fintech company based in Bengaluru, founded in 2015. PhonePe's most recent disclosed round was a funding round of $850M in 2023.
PhonePe is a Bengaluru-based digital payments and financial services company backed by Walmart. It operates India's largest UPI application by transaction volume, and runs lending, insurance, stock broking and mutual fund distribution businesses alongside the payments platform.
PhonePe founded by former Flipkart executives Sameer Nigam, Rahul Chari and Burzin Engineer.
Acquired by Flipkart.
Passed to Walmart as part of its acquisition of Flipkart.
Changed domicile to India and fully separated from the Flipkart Group.
Discontinued income from rent and related payment categories following Reserve Bank of India guidelines.
General Atlantic reported to have invested $600 million at a valuation of about $14.5 billion, alongside a confidential IPO filing. Attributed to people familiar with the matter and not confirmed by the company.
Discontinued Pincode's business-to-consumer operations to concentrate on B2B solutions for offline retailers.
Deferred public listing plans citing conflict in West Asia and heightened market volatility.
Akash Dongre, co-founder and chief product officer of PhonePe-owned Indus Appstore, stepped down.
Vishal Gupta, head of the insurance arm, stepped down after more than a decade at the company.
FY26 filings showed operating revenue of ₹7,920.48 crore and a consolidated net loss of ₹2,791.59 crore.
