Phi Commerce Raises INR 51 Cr From BEENEXT

Share via:


SUMMARY

The startup allotted 83,907 Series B compulsorily convertible preference shares at a premium of INR 6,109

Prior to the current investment, the company raised INR 42.73 Cr in the same round from DG Strategic Investment, in April

Collectively, Phi Commerce has raised INR 94.07 Cr in Series B funding round

Payment solutions provider Phi Commerce has secured INR 51.34 Cr ($5.9 Mn) as a part of its ongoing Series B funding round from existing investor BEENEXT.

As per Phi Commerce’s MCA filings accessed by Inc42, the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Phi Commerce Raises INR 51 Cr From BEENEXT


SUMMARY

The startup allotted 83,907 Series B compulsorily convertible preference shares at a premium of INR 6,109

Prior to the current investment, the company raised INR 42.73 Cr in the same round from DG Strategic Investment, in April

Collectively, Phi Commerce has raised INR 94.07 Cr in Series B funding round

Payment solutions provider Phi Commerce has secured INR 51.34 Cr ($5.9 Mn) as a part of its ongoing Series B funding round from existing investor BEENEXT.

As per Phi Commerce’s MCA filings accessed by Inc42, the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

AI startup Perplexity valued at $18 billion with new...

Perplexity AI Inc., whose artificial intelligence-powered search engine...

Meta just poached two more AI researchers from Apple

Just days after hiring Ruoming Pang, who had...

LTIMindtree Q1 Cons PAT up 11% to Rs 1,254...

LTIMindtree on Thursday posted 11.2% sequential and 10.5%...

Popular

Upcoming Events

IPTV Portugal iptvdfgdfs iptvdfgdfs iptvdfgdfs iptvdfgdfs dfsgs dfsgs iptv service iptv service
IPTV IPTV IPTV IPTV IPTV IPTV IPTV IPTV