Fundz

BharatPe lands $108 million in funding led by Coatue Management

Feb 23, 2021

Amount Raised

$108 Million

Round Type

Funding Round

GurugramFinancial ServicesSoftwareInternet ServicesFinanceFintech

Description

The company's all seven existing institutional investors participated in the round.

Quick answer

BharatPe raised $108 Million in a Funding Round round, dated February 23, 2021. BharatPe is based in Gurugram, Haryana, India.

How much did BharatPe raise?
BharatPe raised $108 Million in a Funding Round round on February 23, 2021.
What does BharatPe do?
BharatPe was founded in 2018 with the vision of making financial inclusion a reality for Indian merchants.
Where is BharatPe based and how big is it?
BharatPe is based in Gurugram, Haryana, India. Fundz records about 3,700 employees.
Who are the decision-makers at BharatPe?
Fundz holds 1 contact at BharatPe. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Internet Services around the same time

Companies in the same sectors as BharatPe that raised within 45 days of this round, from Fundz verified event records.

  • Voya Investment Management raised an undisclosed amount on February 12, 2021.
  • RAMP raised $66M on April 9, 2021.
  • Fold raised $17M on April 7, 2021.
  • Cred raised $215M (Series D) on April 6, 2021.
  • BrightPlan Group raised $9.5M (Series A) on April 1, 2021.
  • Yayati raised $373K on April 1, 2021.

Who to call at BharatPe, and when

A new round usually means BharatPe is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day BharatPe raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at BharatPe, from your own LinkedIn network

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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).

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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.

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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 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.