Phi commerce released a statement saying that they have managed to raise $4 million in a infusion Series A funding round led by Singapore Beenext & Yatra Angel Network, Abhishant Pant’s.
The funding raise would be used to expand their market presence and to enter new geographies and will help in improve product offerings. Phi was co-founded by Jose Thattil and the current CEO of the brand said that aim was to keep transactions seems invisible & eliminate friction in payments & offer 100% reliability.