BharatPe

Company

Investment-firm

Last deal

$10.15M
Local Amount - INR 850M

Amount

Debt Financing

Stage

30.07.2024

Date

3

all rounds

$810.7M

Total amount

Financing round

General

About Company
BharatPe provides payment solutions and loans to small merchants in India.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Resilient Innovations

founded date

01.04.2018

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company offers a merchant payment application that provides QR codes for UPI payments, POS machines for card acceptance, and loans to small merchants. BharatPe is a leader in UPI offline transactions, with over 80 lakh merchants served across 225+ cities. The company has facilitated loans totalling over ₹7000 crores to over 400,000 merchants and processes payments of over US$ 4 bn annually on its POS machines. BharatPe has raised over US$ 650 million in equity and debt, with marquee investors including Tiger Global and Sequoia Capital. In 2021, BharatPe acquired PAYBACK India and was issued a Small Finance Bank (SFB) license by the Reserve Bank of India. The company also launched postpe, its Buy Now Pay Later segment.
Contacts

Contact Email

Phone number

Social url

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Their latest funding was raised on 30.07.2024. Their latest investor InnoVen Capital. Their latest round Debt Financing

Date 
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Payback acquired by BharatPe

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People

Founders
3
Ashneer Grover
Ashneer Grover

Ashneer Grover

Ashneer Grover is the CEO and Co-Founder of BharatPe.

current job

BharatPe
BharatPe

organization founded

1

Ashneer Grover

Bhavik Koladiya
Bhavik Koladiya

Bhavik Koladiya

Bhavik Koladiya is the Co-Founder and Group Head of Product & Technology at BharatPe.

current job

BharatPe
BharatPe

organization founded

1

Bhavik Koladiya

Shashvat Nakrani
Shashvat Nakrani

Shashvat Nakrani

Mr. Shashvat Nakrani is a Co-Founder & serves as Chief Operating Officer at BharatPe. Mr. Nakrani is an Angel Investor. He serves as Venture Partner at TDV Partners.

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BharatPe

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1

Shashvat Nakrani

Employee Profiles
23
Aparna Kuppuswamy

Aparna Kuppuswamy

Chief Risk Officer

Nalin Negi

Nalin Negi

Interim Chief Executive Officer and Chief Financial Officer

Anurag Rathor

Anurag Rathor

VP of Products

Rohit Pillai

Rohit Pillai

Brand Marketing

Ashneer Grover

Ashneer Grover

MD & Co-Founder

Karan Khanna

Karan Khanna

Business Head- Bharat Swipe

Kabir Kapoor

Kabir Kapoor

Head, Investor Relations

Dhruv Dhanraj Bahl

Dhruv Dhanraj Bahl

Chief Operating Officer

Activity

Recent News
26
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

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