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Bharatpe Gets Funding At $2.85 Bn Valuation, Appoints Suhail Sameer As Ceo

PRIVATEAug 04, 2021

Round Type

Funding Round

GurugramFinancial ServicesSoftwareInternet ServicesFinanceFintech

Description

Mumbai | Bengaluru: Online payments startup BharatPe said it has raised $350 million in new funding, which has catapulted its post-money valuation to $2.85 billion, as investors line up to back domestic internet businesses.

Company Information

Company

BharatPe

Location

Gurugram, Haryana, India

About

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).

Fundz sees it the moment BharatPe raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
Strategic

ML-powered predictions for BharatPe's next move

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BharatPe raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.