PhonePe, Paytm, Flipkart lead as Indian platforms hit nation-sized user bases

PhonePe claims 700M registered users, Paytm 540M and Flipkart 450M as UPI and mobile penetration push India's consumer internet and e-commerce platforms to population-scale adoption, with ShareChat, Meesho, Zomato and Swiggy also reporting hundreds of millions of users.

— Filed Mon, 20 Jul, 2026, 06:19 IST · Source Financial Express · BrandWagon · Updated

Indian consumer internet platforms—PhonePe, Paytm, Flipkart, ShareChat, Meesho, Zomato, Swiggy—report massive user bases, highlighting scale of digital adoption driven by UPI and mobile penetration.