Exclusive: Visa invests $4 million in payment aggregator Phi Commerce
Global card network Visa is looking to offer issuing and acquiring solutions to banks globally, according to a source.
Explore the latest news, in-depth reports, and executive analysis tagged with #Phi Commerce.
Global card network Visa is looking to offer issuing and acquiring solutions to banks globally, according to a source.
The round also saw participation from Razorpay and Wyser Capital.
The additional $13 billion investment will expand AWS' data centre capacity in Mumbai and Hyderabad.
Is Zepto building the future of retail, or simply participating in an increasingly expensive race where no clear winner has yet emerged?
New-age startup IPO class faces a reality check. Stocks have stumbled, yet early investors are cashing out.
Zoho said the investment is intended to make ecommerce more open, accessible, and interoperable for small businesses across the country.
PayU noted that D2C brands suffer from significant leakage caused by checkout drop-offs, payment failures, and conversion inefficiencies in the final moments of purchase.
Last year, OpenAI had partnered with another Indian fintech company Razorpay and NPCI to launch agentic payments on ChatGPT and explore AI-driven commerce in India.
The IPO will be a pure offer for sale (OFS) of up to 5.06 crores and it will not involve fresh capital raise.
The acquisition is part of a strategic move to build and invest in core GenAI capabilities to enhance the shopping experience at Flipkart.
The company's net loss narrowed to Rs 16.16 crore in FY25 from Rs 29.24 crore in the previous fiscal.
Last month, Phi Commerce appointed former executive director at Karnataka Bank as CEO of India business.
In this edition, we write about ONDC, an experiment still thriving mostly inside Bengaluru's walls; and AGI timeline shifts.
Like every tech IPOs that we are seeing this year, Meesho's public offer is going to a big event for the exit starved venture capital investors.
The partnership will also explore AI-driven commerce in India.
As part of this Rs 800 crore 'related-party transaction' deal, Infibeam is also increasing its stake in Rediff to 82.7%.
With this, the total funding raised by the Pune-based payment aggregator company is about $20 million.
DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…
The company is raising funds through a rights issue from its existing investors, likely including BEENEXT and Opus Technologies.
CollectiPhi-360 enables lenders to manage automated, doorstep, offline, partial, and bulk collections.