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BharatPe

BharatPe

One QR code for all payment apps.

About

Founded

2018

Headquarters

New Delhi, India

Industry

Fintech

Company Description

BharatPe was founded with the vision of making financial inclusion a reality for Indian merchants.

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Funding

Total Raised

$680.5 million

Valuation

$2.85 billion

Significant Investors

Ribbit Capital, Dragoneer Investor Group, Steadfast Capital, Coatue, Insight Partners, Steadview Capital, Beenext, Amplo VC, Sequoia India

Company Traction

In 2020, BharatPe reported 5x growth in its payment business and 10x growth in its lending business.

In August 2021, BharatPe had 650 million+ users, up from 600 million+ users in February 2021.

Leadership Team

Nalin Negi: Interim CEO & CFO at BharatPe. Former CFO at SBI Card.

Dhruv Dhanraj Bahl: Chief Business Officer, Merchant Lending at BharatPe.

Nishant Jain: Chief Business Officer at BharatPe. Former Chief Sales Officer at Zomato.

Ankur Jain: CPO & CTO at BharatPe. Former Co-Founder & CEO of Instalocate.

Amit Jain: Chief Risk Officer at BharatPe. Former Chief Risk Officer, Consumer Lending at Bajaj Finserv.

Press

The Economic Times (June 4, 2023): Deloitte flags sourcing from inappropriately approved vendors at BharatPe

TechCrunch (January 3, 2023): Indian fintech BharatPe CEO Suhail Sameer to leave top job

TechCrunch (August 3, 2021): India’s BharatPe valued at $2.85 billion in Tiger Global-led $370 million funding

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