
Business
Payments startup Phi Commerce raises $4 million in Series A round led by BEENEXT
The company will utilise the funds to bolster its product offering, expand in existing markets and enter new geographies.

Business
Shiprocket raises $13 mn from Tribe Capital, Innoven Capital, Bertelsmann India Investments
Launched by Bigfoot Retail Solutions in 2017, Shiprocket turned profitable in 2018-19 with an annualised revenue run rate between $25-30 million.

Business
Loadshare Networks raises Rs 100 cr to fund expansion in Series-B funding from investors
Logistics platform Loadshare Networks has raised Rs 100 crore in Series-B funding from investors led by Beenext, with participation from the CDC Group of Britain and existing investors like Matrix Partners India, Stellaris Venture Partners and Alteria Capital