PhiCommerce funding, investors and company details

PhiCommerce is an emerging Financial Services - Fintech - Payments startup from Pune, working in the space of Digital Payments / Omnichannel Payment Solutions. Founded by Jose Antony Thattil, Tushar Ashok Shankar, Anil Sohanlal Sharma, Rajesh Hanumantrao Londhe, Ramkumar Subbaraj.

Company: Phi Commerce Private Limited
Sector: Financial Services - Fintech - Payments
Location: Pune
Founders: Jose Antony Thattil, Tushar Ashok Shankar, Anil Sohanlal Sharma, Rajesh Hanumantrao Londhe, Ramkumar Subbaraj
Total funding raised: ₹83.36 Cr

Company overview

PhiCommerce fintech company founded in 2015 that provides omnichannel digital payment technology and solutions to businesses, banks, and payment networks, enabling seamless acceptance and processing of transactions across online, in-store, mobile, and remote consumer touchpoints. Its flagship platform, PayPhi, offers a unified payment processing infrastructure that supports a wide range of payment methods—including UPI, cards, netbanking, QR codes, wallets, and more—while streamlining settlement, reconciliation, and security for both B2B and B2C use cases. PhiCommerce focuses on agile, secure, scalable payment integration with features like smart routing and advanced authentication, helping enterprises optimize transaction success rates, enhance customer experiences, and launch value-added services such as marketing campaigns across omni-channel payments. The company has also expanded internationally and raised significant funding to deepen innovation and global reach in the digital payments ecosystem

Funding rounds

Latest round (Series A): $ 10.00 Mn (₹83.36 Cr.), 2023-11-28. Investors: BeeNext, Opus Ventures