BharatPe

About

BharatPe is a financial services platform that processes payments via UPI and POS, and provides credit or loans to their merchants.

New Delhi,Delhi,India
https://bharatpe.com/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $14.50M
Industries: Apps,Financial Services,FinTech,Payments,QR Codes
Founded date: Apr 1, 2018
Operating Status: Active
Legal Name: Resilient Innovations Pvt Ltd
Also Known As: Resilient Innovations

BharatPe is an offline acquirer of merchants, providing a QR code for UPI payments, POS machine for card acceptance, and loans to small merchants.

The company was founded in 2018 and is headquartered in New Delhi, India.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$599.50M ₹5.99B

BharatPe has raised a total of $599.50M ₹5.99B in funding over 2 rounds. Their latest funding was raised on Oct 25, 2021 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 25, 2021	Debt Financing	₹1B	1	MAS Financial Services Ltd.	—	Detail
Aug 19, 2021	Debt Financing	₹2B	2	—	—	Detail
Aug 4, 2021	Series E	$350M	8	Tiger Global Management	—	Detail
May 10, 2021	Debt Financing	₹500M	1	Northern Arc	—	Detail
Feb 11, 2021	Series D	$108M	7	Coatue	—	Detail

Investors

Number of Lead Investors

Number of Investors

15

23

BharatPe is funded by 23 investors. MAS Financial Services Ltd. and Tiger Global Management are the most recent investors.

Investor Name	Lead Investor	Funding Round
MAS Financial Services Ltd.	Yes	Debt Financing
Tiger Global Management	Yes	Series E
Alteria Capital	Yes	Debt Financing
InnoVen Capital	Yes	Debt Financing
Trifecta Capital Advisors	Yes	Debt Financing
IIFL Wealth Management	—	Debt Financing
Northern Arc	—	Debt Financing
Amplo	—	Series E
Coatue	—	Series E
Dragoneer Investment Group	—	Series E