# BharatNXT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bharatnxt

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.bharatnxt.in
- Total disclosed funding: $1.1M
- Latest round: Seed (Dec 23, 2022)
- Investors on record: 5

## About

Based in Maharashtra, India, and founded in 2018, BharatNXT operates as a financial technology company that offers an application to make business payments. The company was founded by Akshat Birla (CEO) and Aljo Joseph (CBO). In June 2023, BharatNXT raised USD 1.2 million in seed funding led by Inflection Point Ventures, Keiretsu Forum, Panthera Peak Capital, and Spiral Ventures.

The company offers payment software that helps users to pay their bills. The platform offers up to 50 days of free credit for paying suppliers, GST, rent, and utilities and provides cashback to its users. The payment platform lets users register on their application, add their credit card, add a payee bank account, and let them pay.

The company plans to use the June 2023, funding to bolster product development, hire more staff, and improve the scalability of its technology.

## Funding rounds

- Seed, Dec 23, 2022, $1.1M — Inflection Point Ventures, Keiretsu Forum, Spiral Ventures, FirstPort Capital, Panthera Peak Capital

## Investors

- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Seed
- Keiretsu Forum — Seed
- Spiral Ventures (https://capitalatlas.ai/funds/spiral-ventures) — Seed
- FirstPort Capital — Seed
- Panthera Peak Capital (https://capitalatlas.ai/funds/panthera-peak-capital) — Seed