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Phi Commerce

Phi Commerce

Platform to enable remote payment transactions

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Basic Information

Phi Commerce has created PayPhi, a ground-breaking omni-channel payment processing platform which processes digital payments at doorstep, online & in-store across variety of form factors such as cards, net-banking, UPI, Aadhaar, BharatQR, wallets, NEFT, RTGS, and NACH. The company was established with the objective to digitize white spaces in payments & go beyond routine payment processing. Phi Commerce’s PayPhi Digital Enablement suite has been developed with the mission of empowering very large untapped blue-ocean sectors dominated by offline payment modes such as cash & cheque to accept digital payments.

Legal Name

:

Payphi

Headquarters

:

Pune, Maharashtra, India

Business Model

:

B2B

Founding Date

:

2015

No. of Employees

:

11 to 20

Core Team

:

1.

Jose Thattil

Co-Founder & CEO

2.

Anil Sharma

Co-Founder

3.

Tushar Shankar

Co-Founder

4.

Rajesh Londhe

Co-Founder

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Funding

Detail Round Breakdown

Round 1

$800k

Series Name

:

ANGEL

Date

:

Oct 2016

Features

PhiCommerce raises $10M in Series A1 round led by Singapore VC firm BEENEXT

Fintech startup Phi Commerce is bringing doorstep payments innovation to non-metro India

How PhiCommerce is taking 'cash on delivery' online across India

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