PhonePe CEO Sameer Nigam issued an unconditional apology on X after #uninstallPhonepe trended due to his critical remarks on Karnataka's job reservation bill.

Founded in 2015 by Sameer Nigam, Rahul Chari, and Burzin Engineer in Bangalore, Phone Pe is an Indian Financial Technology Company. 

The unified payment interface, or UPI, the ecosystem has seen the rise of Walmart-owned PhonePe, which routinely dominates in terms of volume and value. Its scale, which more than doubled to reach Rs 1,646 crore during FY22, further demonstrates its dominance in UPI payments.