Total amount raised
$808.4 Million
Latest funding date
12/1/2024
Location
BharatPe has successfully raised funding over 16 rounds, with the latest being a Secondary Market round. The company is backed by 30 investors, including Cayroz 360One and Twinroots.
Keep reading to explore the intricacies of BharatPe's fundraising journey and the investors backing this innovative financial services platform.
What Is BharatPe?
BharatPe is a prominent financial services platform based in New Delhi, India. The company operates in the financial services, FinTech, payments, and QR codes industries, providing a range of products including UPI and POS payment processing, as well as credit and loans to merchants.
Founded by a team of innovative entrepreneurs, BharatPe has grown rapidly, now employing between 251 and 500 people. The company has a significant presence across India, partnering with millions of merchants and facilitating substantial transaction volumes.
How Much Funding Has BharatPe Raised?
- Round Name: Series D
- Amount Raised: USD 108,000,000
- Date: February 2021
- Lead Investors: Coatue
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and expand market reach.
- Round Name: Series E
- Amount Raised: USD 350,000,000
- Date: August 2021
- Lead Investors: Tiger Global Management
- Valuation at Round: USD 2.85 billion
- Motivation Behind the Round: To enhance product offerings and support growth initiatives.
- Round Name: Debt Financing
- Amount Raised: INR 2,000,000,000
- Date: August 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational activities and expansion.
- Round Name: Debt Financing
- Amount Raised: INR 1,000,000,000
- Date: October 2021
- Lead Investors: MAS Financial Services
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational activities and expansion.
- Round Name: Debt Financing
- Amount Raised: USD 100,000,000
- Date: January 2024
- Lead Investors: InnoVen Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational activities and expansion.
- Round Name: Debt Financing
- Amount Raised: INR 850,000,000
- Date: July 2024
- Lead Investors: Trifecta Capital Advisors
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational activities and expansion.
- Round Name: Debt Financing
- Amount Raised: INR 1,500,000,000
- Date: December 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational activities and expansion.
- Round Name: Debt Financing
- Amount Raised: INR 1,250,000,000
- Date: May 2025
- Lead Investors: Neo Wealth and Asset Management, Trifecta Capital Advisors
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational activities and expansion.
- Round Name: Secondary Market
- Amount Raised: Not publicly disclosed
- Date: September 2025
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to existing shareholders.
Total Amount Raised: USD 658,000,000
Current Valuation: USD 2.85 billion
Key Investors
- Trifecta Capital Advisors
- Details: Trifecta Capital Advisors is a venture debt firm that provides financing to high-growth startups. They have been involved in multiple funding rounds for BharatPe, including a recent debt financing round.
- Investment Focus Areas: Venture debt, high-growth startups, technology.
- Notable Investments: Specific notable investments are not mentioned in the sources.
- InnoVen Capital
- Details: InnoVen Capital is a venture debt firm that specializes in providing debt financing to startups across various stages and sectors. They have invested in BharatPe multiple times, including a significant debt round in January 2024.
- Investment Focus Areas: Venture debt, startups, technology.
- Notable Investments: Specific notable investments are not mentioned in the sources.
- Neo Wealth and Asset Management
- Details: Neo Wealth and Asset Management is an investment firm that focuses on providing financial solutions and asset management services. They participated in a debt financing round for BharatPe in May 2025.
- Investment Focus Areas: Financial services, asset management, technology.
- Notable Investments: Specific notable investments are not mentioned in the sources.
- Tiger Global Management
- Details: Tiger Global Management is a global investment firm that focuses on private and public companies in the technology sector. They led the Series E funding round for BharatPe in August 2021.
- Investment Focus Areas: Technology, internet, software.
- Notable Investments: Facebook, LinkedIn, Spotify.
- Coatue
- Details: Coatue is a global technology-focused investment firm that manages both public and private equity funds. They led the Series D funding round for BharatPe in February 2021.
- Investment Focus Areas: Technology, media, telecommunications.
- Notable Investments: Snap Inc., DoorDash, ByteDance.
What's Next for BharatPe?
As BharatPe looks to the future, the company is poised to capitalize on several significant opportunities. The expansion of its lending business and the introduction of new payment devices like 'BharatPe One' are set to drive growth. With a substantial increase in revenue and successful debt funding rounds, BharatPe is well-positioned to attract further investments, both in debt and equity, to support its ambitious expansion plans.
Future fundraising opportunities appear promising, with potential for additional debt financing from existing and new investors. Strategic partnerships and acquisitions could further enhance BharatPe's service offerings. However, the company will need to navigate challenges such as managing increased net losses, regulatory hurdles, and intense competition in the fintech sector. Maintaining investor confidence and focusing on profitability will be crucial as BharatPe continues its growth journey.
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