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.
  • 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.