Indian digital platforms hit nation-scale user bases as PhonePe crosses 700M

India's consumer internet giants now count users in the hundreds of millions: PhonePe at 700M registered, Paytm 540M and Flipkart 450M (180M monthly shoppers). Meesho (120M MAU), ShareChat (350M MAU), Zomato and Swiggy round out a base built on UPI, cheap smartphones and digital public infrastructure.

— Filed Sat, 11 Jul, 2026, 05:32 IST · Source Financial Express · BrandWagon · Updated

Indian consumer internet platforms report massive user scale: PhonePe crosses 700M registered users, Paytm 540M, Flipkart 450M, plus Meesho, Zomato, Swiggy, ShareChat — driven by UPI, smartphone penetration and digital public infrastructure.