Bharat Pe funding, investors and company details

Bharat Pe is an emerging Financial Services - Fintech - Payments startup from Gurugram, working in the space of Digital payment and financial services to offline merchants through QR codes, POS devices, and UPI-based collections with zero settlement fees. Founded by Shashvat Nakrani.

Company: Resilient Innovations Private Limited
Sector: Financial Services - Fintech - Payments
Location: Gurugram
Founders: Shashvat Nakrani
Total funding raised: ₹83.7 Cr

Company overview

BharatPe provides digital payment and financial services to offline merchants through QR codes, POS devices, and UPI-based collections with zero settlement fees. Core operations include merchant lending using transaction data for instant credit, soundbox technology for audio payment confirmations, and payouts API for vendor payments integrated with accounting software. The platform serves millions of kirana stores, restaurants, and small businesses via Android app-based onboarding, automated settlements, and value-added services like working capital loans and insurance.

Funding rounds

Latest round (Debt): $ 10.00 Mn (₹83.70 Cr.), 2024-07-31. Investors: Peak XV Partners, Coatue