The Work Index by Flexa

PhonePe

PhonePe is a leading Indian fintech company focused on digital payments and financial services.

6.6

/10

Transparency ranking

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Description

PhonePe is India’s leading fintech company, best known for its digital payments app launched in August 2016. The company has grown rapidly to become India’s leading consumer payments app, with a vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to financial services. This mission has led to the company expanding into various financial services, including insurance, lending, and wealth management, as well as new consumer technology businesses like Pincode and Indus Appstore.

PhonePe’s commitment to providing accessible financial solutions has earned it significant recognition and awards for its innovations in the fintech space, solidifying its position as a leading player in India's growing digital economy. The company’s services are widely accepted at over 4 crore stores and are trusted by 56+ crore registered users, demonstrating its substantial reach and impact on the Indian market.

Flexibility

PhonePe offers flexible work options, including flexible working hours and a Mothers@PhonePe program designed to support expectant and new mothers. The program provides 1:1 counselling, in-house daycare, flexible working hours, and other benefits to help mothers effectively manage family priorities while continuing their careers.

Benefits

PhonePe offers a comprehensive suite of employee benefits designed to foster a positive and supportive work environment. These include opportunities for continuous learning through PhonePe University, flexible work arrangements, and dedicated programs for mothers and those with disabilities. The company emphasizes a culture of diversity and inclusion, celebrating the unique contributions of each team member. Furthermore, PhonePe provides a range of health and financial wellness programs, demonstrating a commitment to employee well-being.

Enhanced parental leave

Mission

PhonePe's mission is to empower every Indian to accelerate their progress by unlocking the flow of money and access to services. They aim to provide a simple, secure, and affordable platform for financial services, including payments, investments, insurance, and lending, making them accessible to a wider audience across India.

Automation
Data-driven
Disruptor

Culture

PhonePe cultivates a culture that emphasizes learning, impact, and collaboration. The company encourages employees to take ownership, think outside the box, and contribute to the company's success. PhonePe values integrity, inclusivity, and transparency, fostering a high-trust environment where everyone feels empowered to share ideas and learn from each other. With a focus on long-term growth and a commitment to excellence, PhonePe strives to create a winning team that embraces calculated risks, celebrates success and failure, and prioritizes the needs of its customers.

Agile and dynamic
Autonomous
Collaborative
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive

DE&I

PhonePe is committed to fostering a culture of diversity, equity, and inclusion by valuing the knowledge, skills, and unique life experiences of each team member. They have dedicated initiatives to support women, people with disabilities, and the LGBTQ+ community, providing resources like flexible working hours, dedicated support groups, and inclusive programs like Mothers@PhonePe. They believe that a diverse and inclusive workplace allows for a wider range of perspectives and contributions, ultimately creating a more engaging and impactful work environment.

LGBTQ+ representatiion

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