Tech Company Financing Transactions
PhiCommerce Funding Round
PhiCommerce closed a $10 million Series A funding round on 11/29/2023. Investors included BEENEXT and Opus Ventures.
Transaction Overview
Company Name
Announced On
11/29/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
BEENEXT (Lead Investor)
Proceeds Purpose
The funding will be used towards PhiCommerce's expansion into international geographies and the development of solutions to further enhance the payment ecosystem.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Second floor, Building Number 4, Commerzone IT Park Samrat A
Pune, Maharashtra, 411006
IN
Pune, Maharashtra, 411006
IN
Phone
Undisclosed
Website
Email Address
Overview
Payments Facilitator, Payments solution provider etc. Developer of an omnichannel payment processing platform designed to process digital payments. The company's platform offers a digital enablement suite coupled with comprehensive business plans and result-oriented business strategies, enabling clients to ensure frictionless payments and simplified transactions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jose Thattil
Chief Operating Officer
Ajit Choudhary
Chief Technical Officer
Ramkumar Subbaraj
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We do our best to report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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