Phi Commerce Launches Series B Funding Round Valued at Over $150 Million
Phi Commerce plans to raise Rs 42.74 crore through a rights issue, issuing 69,840 Series B shares.
Phi Commerce plans to raise Rs 42.74 crore through a rights issue, issuing 69,840 Series B shares.
Phi Commerce's revenue grew to Rs 81.2 crore in FY24, yet losses surged 3X to Rs 28.9 crore amid expansion.
Phi Commerce's revenue grew to Rs 81.2 crore in FY24, but losses surged 3X due to expansion efforts.