# BharatPe

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

- Industry: Financial Services
- Headquarters: Gurgaon, India
- Website: www.bharatpe.com/
- Total disclosed funding: $573M
- Latest round: Series E (Aug 27, 2021)
- Investors on record: 13

## About

BharatPe is an Indian fintech company that provides innovative financial solutions tailored to small and medium-sized enterprises (SMEs), enabling efficient payment processing and access to credit.Founded in 2018 in Gurgaon, India, BharatPe has established itself as a key player in the fintech sector, offering a range of payment acceptance and lending solutions for SMEs. The company was co-founded by Shashvat Nakrani, who previously identified gaps in financial services for merchants. BharatPe has raised a total of USD 24,212.30 mn across multiple rounds, with its most recent funding being a VENTURE DEBT round of USD 100.00 mn led by InnoVen Capital on February 25, 2025.BharatPe offers a comprehensive suite of financial solutions designed primarily for small and medium-sized enterprises (SMEs) across India. Its core product offerings include BharatPe QR, a payment acceptance solution that empowers merchants to accept payments through multiple UPI apps without any transaction fees, and BharatPe One, an all-in-one payment device for seamless card transactions. The company also provides collateral-free business loans up to ?1.5 mn, facilitating growth for merchants and allowing them to manage their cash flow efficiently. Additional services include BharatPe UPI for quick bill payments and a co-branded credit card in partnership with Unity Small Finance Bank. BharatPe's client base encompasses a diverse range of businesses, from grocery stores to pharmacies, thereby addressing the unique needs of various sectors within the Indian economy.BharatPe generates revenue primarily through transaction fees and interest on loans. For the most recent year 2023, the company reported revenue of USD 128,208,076 with an EBITDA of USD -119,394,079.9. The company’s transaction structure involves direct interactions with merchants who utilize its payment acceptance solutions, such as BharatPe QR, allowing for immediate settlement. For lending services, BharatPe provides business loans with interest charged on the disbursed amounts, facilitating quick access to funds for business expansion.BharatPe is set to expand its offerings with new products aimed at enhancing digital savings and credit distribution. Following its acquisition by super.money in February 2025, the company plans to leverage its new parent’s resources to reach broader markets. The recent funding will support these initiatives, allowing BharatPe to increase its presence in the digital savings sector, focusing on expanding its services to more geographical areas within India and potentially exploring international markets.

## Funding rounds

- Series E, Aug 27, 2021, $326M — Hong Shan, Insight Partners, Tiger Global Management, Steadfast Capital Management, Coatue Management, Ribbit Capital, Dragoneer Investment Group, Amplo
- Series D, Feb 11, 2021, $108M — Hong Shan, Insight Partners, Coatue Management, Ribbit Capital, Steadview Capital Management, BEENEXT, Amplo
- Series C, Feb 28, 2020, $74M — Insight Partners, Coatue Management, Ribbit Capital, Steadview Capital Management, Amplo
- Series B, Sep 5, 2019, $49M — Hong Shan, Insight Partners, Ribbit Capital, Steadview Capital Management, BEENEXT, Red Wood Capital
- Series B, Apr 3, 2019, $5.7M — Insight Partners
- Series A, Mar 5, 2019, $10M — Hong Shan, BEENEXT
- Seed, Dec 26, 2018, $1.1M — Hong Shan, BEENEXT
- Seed, Jul 26, 2018, $0.3M — Venture Catalysts, Samyakth Capital

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- Samyakth Capital (https://capitalatlas.ai/funds/samyakth-capital) — Seed
- Hong Shan — Seed, Series A, Series B, Series D, Series E
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed, Series A, Series B, Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B, Series C, Series D, Series E
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series B, Series C, Series D, Series E
- Steadview Capital Management (https://capitalatlas.ai/funds/steadview-capital-management) — Series B, Series C, Series D
- Red Wood Capital (https://capitalatlas.ai/funds/red-wood-capital) — Series B
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series C, Series D, Series E
- Amplo (https://capitalatlas.ai/funds/amplo) — Series C, Series D, Series E
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series E
- Steadfast Capital Management — Series E
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series E