What is BharatPe Tech?
BharatPe Tech is a prominent fintech company dedicated to empowering merchants across India. Founded with the mission to provide tailored financial products for small businesses, BharatPe has evolved into a comprehensive financial solutions provider. The company's offerings are designed to be easy-to-use, safe, and secure, addressing the critical need for accessible financing partners for millions of merchants. Its focus on merchant partners is central to its brand identity and operational strategy, aiming to fuel the growth of businesses through innovative digital financial services.
How much funding has BharatPe Tech raised?
BharatPe Tech has raised a total of $782.8M across 12 funding rounds:
Series B
$50M
Series A
$15.5M
Series C
$75M
Multiple Rounds
$532.3M
Debt
$100M
Debt
$10M
Series A (2019): $15.5M, investors not publicly disclosed
Series B (2019): $50M led by Ribbit Capital and Steadview Capital
Series C (2020): $75M supported by Coatue Management and Ribbit Capital
Debt (2021): $8.2M featuring Innoven Capital Pte. Ltd
Debt (2021): $19M backed by Alteria Capital and ICICI Bank
Debt (2021): $7M with participation from Trifecta Capital Services
Series D (2021): $108M led by Insight Partners, Coatue Management, Amplo, Sequoia Capital Operations LLC, Ribbit Capital, Steadview Capital, and Beenext
Debt (2021): $6.8M supported by Northern Arc
Series E (2021): $370M featuring Steadfast Capital, Dragoneer Investment Group, and Tiger Global
Debt (2021): $13.3M backed by MAS Financial Services
Debt (2024): $100M with participation from Innoven Capital
Debt (2024): $10M led by Trifecta Ventures and Innoven Capital
Key Investors in BharatPe Tech
Dragoneer Investment Group
Founded in 2012 and headquartered in San Fransisco, California, Dragoneer Investment Group is a company that provides investment services to both public and private clients.
MAS Financial Services
MAS Financial Services offers a wide range of financial products including business loans, micro enterprise loans, personal loans, and loans against property. The company aims to serve individuals and businesses across India with quick approvals and transparent processes. With over 30 years of experience, MAS is committed to financial inclusion and customer-centric solutions. Their services are designed to empower clients at every stage of their financial journey.
Northern Arc
Northern Arc provides financial services in the scope of capital market investment activities. They provide fund management, debt resolution, and various other services.
What's next for BharatPe Tech?
The substantial enterprise-level funding BharatPe Tech has garnered indicates a strong market position and confidence from its investors. This capital infusion is expected to accelerate the company's expansion plans, potentially involving further product development, market penetration, and strategic partnerships. As a key player in India's rapidly growing digital payments and financial services sector, BharatPe is poised to continue its trajectory of innovation and merchant empowerment, solidifying its status as a leading fintech destination.
See full BharatPe Tech company page