Phi Commerce
PrivateLast Round
Series B
Jul 16, 2025
Est. Valuation
$161M
Total Funding Raised
$25M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Phi Commerce operates in FinTech and is based in Pune. Its latest recorded funding round was a Series B round in July 2025.
Phi Commerce is a financial technology company that provides an omnichannel payment platform designed to process digital payments for businesses.
Sector
FinTech
Verticals
Digital Payments, API Management, Point-of-Sale, Compliance & Risk, Lending & Credit
Business Model
B2B
Customer Profile
Payment Processing Fee, Usage-Based SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Phi Commerce Comparables
Compare Phi Commerce with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Cashfree Payments | 84% | |
| Easebuzz | 83% | |
| Razorpay | 80% |
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Phi Commerce Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Jul 16, 2025 | ||||
| Series A Extension | Nov 28, 2023 | ||||
| Series A | Jan 7, 2021 |
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Key People
Founding team and executive leadership
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Phi Commerce Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Yatra Angel Network | Series A |
| BEENEXT Capital Management | Series B, Series A, Series A Extension |
| DG Strategic Investment, Inc. | Series B |
| Opus Ventures | Series B, Series A Extension |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 28, 2026
Monthly visitors grew 38% MoM.
- Oct 10, 2025
Launched Phi-ter, an AI-powered omnichannel fraud detection tool.
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Recent news
Latest coverage and updates
- promotesSep 30, 2026
Phi Commerce Pvt. Ltd. announced that co-founder and former Head of Payments Rajesh Londhe steps up as CEO on Sep 29th '26 in India, taking overall ownership of its global strategy and P&L.
- attends_eventSep 30, 2026
Phi Commerce Pvt. Ltd. won “Best in Class Payment Startup in Established Fintech Category” at the 2024 Assocham Annual Fintech Excellence Awards.
- partners_withSep 11, 2026
Phi Commerce Pvt. Ltd. partners with ONDC to become a payment aggregator on its credit rails, initially focusing on affordability for health and life insurance.
- launchesSep 11, 2026
Phi Commerce Pvt. Ltd. announces new platforms and strategic initiatives at Global Fintech Fest 2026 in India on Sep 11th '26, including Credit Line on UPI, a pre-approved UPI credit facility, and PhiAMS, a cloud-native card and account management platform.
- launchesSep 11, 2026
At Global Fintech Fest 2026 in India on Sep 11th '26, Phi Commerce Pvt. Ltd. unveils PhiAMS, a cloud-native, API-first card and account management platform designed for banks and other financial institutions.
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Phi Commerce Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Phi Commerce's valuation, stock price, and market status.
Is Phi Commerce a public or private company?
Phi Commerce is a private company.
What is the current stock price of Phi Commerce?
Phi Commerce is a private company, so its shares have no public market price. Caplight tracks Phi Commerce's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Phi Commerce worth (valuation)?
Phi Commerce's valuation is estimated at $161.0M based on funding round data.
Can I buy Phi Commerce stock?
Phi Commerce shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Phi Commerce's last funding round?
Phi Commerce's most recent funding round was Series B on July 16, 2025.
Who are the main investors in Phi Commerce?
Key investors in Phi Commerce include BEENEXT Capital Management.
Will Phi Commerce IPO soon?
No public IPO plans have been announced for Phi Commerce.
How can I track Phi Commerce secondary market activity?
Caplight tracks bids, offers, and trades in Phi Commerce's shares on secondary markets.