Phi Commerce selected to collaborate with Govt of Maharashtra on payment project

Phi Commerce is extremely honoured and excited to be among top 24 Indian start-ups chosen by Maharashtra Government under the #MahaStartupWeek initiative. As part of this initiative, Phi Commerce gets an opportunity to work with the Government and roll out its versatile digital payment platform, PayPhi, to address problems caused by cash usage in various departments. As we collaborate with various government departments and its machinery, we believe PayPhi will help create a lasting positive impact across diverse sections of the society.

Says Jose Thattil (CEO & Co- Founder, Phi Commerce), “Recognitions like these are a validation of our innovative work in enabling cashless payments across socio-economic classes. We are confident that PayPhi will assist the state government in fostering all-inclusive development. We look forward to a lot of learnings and a wonderful experience ahead.”

Says Abhishant Pant (Mumbai Fintech Accelerator), “As part of Mumbai Fintech Accelerator we had identified 13 fintech startups across the country who had demonstrated the ability to create a positive impact for the welfare of society and country at large via their unique propositions. It is very heartening to see that Phi Commerce, one of the companies being mentored at Mumbai Fintech Accelerator, has now been chosen by a platform like Maharashtra Startup Week which gives them an opportunity to scale and cater to a larger cross section of the society with their differentiated PayPhi payment platform”

Says Suniti Nanda( FinTech Officer Government of Maharashtra), “Mumbai Fintech Hub, initiative by Government of Maharashtra, is committed to create every possible opportunity for high potential Fintechs like Phi Commerce. Maharashtra Startup Week is one such platform which re-emphasize the intent from GoM to support startups. We are looking forward to work closely with PayPhi team in implementing innovative payment solution at scale”.


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