BharatPe

Financial Services Fintech Apps Payments QR Codes

0 open2 filled

New Delhi, Delhi, IndiaFounded 20183,040+ employees$823.1M raisedGrowthPrivate

Last round: secondary market · Sep 2025(16 rounds total)

⚠2 layoff events · Last: May 2022

Founded by Ashneer Grover, Bhavik Koladiya, Shashvat Nakrani

Backed by(30 investors)

Neo Wealth and Asset ManagementTrifecta Capital AdvisorsAlteria CapitalInnoVen CapitalBEENEXTCoatueDepartment for Promotion of Industry and Internal Trade (DPIIT)Insight PartnersMAS Financial ServicesNorthern ArcPeak XV PartnersRibbit CapitalSteadview CapitalTiger Global ManagementCayroz 360One

BharatPe was founded in 2018 with the vision of making financial inclusion a reality for Indian merchants. In 2018, BharatPe launched India’s first UPI interoperable QR code, the first zero MDR payment acceptance service. In 2020, post-Covid, BharatPe also launched India’s only zero MDR card acceptance terminals – BharatSwipe. Currently serving over 1 millions merchants across 400+ cities , the company is a leader in UPI offline transactions, with annualized Transaction Processed Value of US$ 26 Bn in payments. The company has already facilitated disbursement of loans totalling to over ₹10000 crores to merchants, since launch. BharatPe has raised over US$ 583 million in equity till date. The company’s list of marquee investors includes Tiger Global, Dragoneer Investment Group, Steadfast Capital, Coatue Management, Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo, and Sequoia Capital (now Peak XV Partners).