PhiCommerce raises USD 10 million in funding round led by BEENEXT

BEENEXT Managing Partner Hero Choudhary said PhiCommerce has through its omnichannel payment stack, successfully resolved complex payment issues and demonstrated its prowess to process digital payments at scale in the Indian market. PhiCommerce founders had earlier formed fintech firm ElectraCard Services which was acquired by Mastercard in 2014. Read more: