Exclusive: Phi Commerce tops up Series B with fresh funding

Phi Commerce, an omnichannel payment solutions provider, has topped up its Series B funding with fresh capital of ₹51.34 crore (approx. $6 million) from its existing investor, BEENEXT Ventures. This new infusion of capital will likely be used to further scale its payment infrastructure, expand its market reach, and enhance its technological offerings in the competitive fintech landscape. The continued investment from existing backers signals strong confidence in the company's growth trajectory and business model.