BharatPe joined the Unicorn Club on Jul 29, 2021 after raising a $370 million Series E funding round, reaching a $2.7 billion valuation. Headquartered in Gurugram, Haryana, India, BharatPe provides payment processing and financial services to merchants through UPI and POS transactions.
The platform enables merchants to accept digital payments, access loans, and use fintech tools like BharatPe QR for seamless transactions across multiple UPI apps.
Keep reading to learn how BharatPe became a leading fintech unicorn in India.
What Is BharatPe and What Does It Do?
Founded in 2018, BharatPe is a fintech platform offering payment processing solutions and credit services for merchants. It enables businesses to accept digital payments through UPI and POS transactions, access working capital loans, and manage payments efficiently.
The platform provides BharatPe QR codes, integrates with multiple UPI apps, and offers tools to manage transactions, loans, and merchant finances.
How Much Funding Has BharatPe Raised?
1. Seed Round
- Amount Raised: $5 million
- Date: 2018
- Lead Investors: Beenext, Sequoia Capital India
- Purpose: Launch UPI payments platform and onboard early merchants
2. Series A Round
- Amount Raised: $25 million
- Date: 2019
- Lead Investors: Insight Partners, Ribbit Capital
- Purpose: Scale merchant acquisition and expand payment offerings
3. Series B Round
- Amount Raised: $30 million
- Date: 2020
- Lead Investors: Steadview Capital, Ribbit Capital
- Purpose: Expand lending and financial products for merchants
4. Series C Round
- Amount Raised: $50 million
- Date: 2020
- Lead Investors: Tiger Global Management, Ribbit Capital
- Purpose: Strengthen digital payment solutions and increase merchant reach
5. Series D Round
- Amount Raised: $70 million
- Date: 2021
- Lead Investors: Dragoneer Investment Group, Tiger Global Management
- Purpose: Expand fintech offerings and scale operations
6. Series E Round
- Amount Raised: $370 million
- Date: Jul 29, 2021
- Lead Investors: Tiger Global Management
- Valuation: $2.7 billion
- Purpose: Accelerate growth, expand merchant services, and enhance product suite
7. Conventional Debt Round
- Amount Raised: $15 million
- Date: May 06, 2025
- Purpose: Support working capital and operational expansion
Total Funding Raised: $604 million Latest Funding Round: Conventional Debt Latest Funding Date: May 06, 2025 Employee Count: 674 as of Aug 31, 2025
Key Investors
- Tiger Global Management
- Details: Growth stage investment firm
- Focus Areas: Fintech, payments, and digital platforms
- ABG Capital
- Details: Investment management firm
- Focus Areas: High growth technology and financial services companies
- Dragoneer Investment Group
- Details: Private investment firm
- Focus Areas: Fintech and SaaS companies with global potential
Where Is BharatPe’s Headquarters?
BharatPe is headquartered in Gurugram, Haryana, India, supporting its payments infrastructure, lending operations, and merchant services.
What’s Next for BharatPe?
BharatPe plans to expand its merchant base, enhance UPI and POS offerings, and scale its lending and fintech services. The company is focused on delivering integrated financial solutions to small and medium enterprises and accelerating digital payments adoption across India.
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