BharatPe valuation, funding and investors

BharatPe works in digital payment solutions development, based in South Delhi, India. Founded in 2018, it has about 4,140 employees.

Payment Processing & Point of Sale South Delhi Debt

VALUATION · TODAY

$5.35B −4% after Series E

Range $769M – $6.15B · Grade D

TODAY

+12 MO

$2.00B

$4.00B

$6.00B

$8.00B

2019

2020

2021

2022

2023

2024

2025

2026

2027

Seed $2.00M

Series C $75.0M

Series D $108M

Series E $370M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY4,126 employees

+8%6m growth

+17%1y growth

+42%2y growth

2,500

5,000

Data from Jan 2021

TODAY

Predicted in 1 yr $5.14B −4% vs today

Predicted next raise $739M if a round comes

Winding-down probability 0%

Last round: Series E · $370M · Aug 2021
Valuation at last round: $2.85B
Headcount: 4,126 · up
Grade: D
Founded: 2018

How VCMC values companies →

BharatPe valuation today

VCMC values BharatPe at $5.3B today, with a range of $769M to $6.1B and a grade of D. The valuation starts from its last funding round, a Series E round in Aug 2021.

Valuation by date (111 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

BharatPe: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2018	$4.55M	$1.66M – $12.5M	$6.24M (+37%)	before first round	–	unknown	D	0%
1 Feb 2018	$4.67M	$1.70M – $12.8M	$6.41M (+37%)	before first round	–	unknown	D	0%
1 Mar 2018	$4.79M	$1.74M – $13.2M	$6.56M (+37%)	before first round	–	unknown	D	0%
1 Apr 2018	$4.92M	$1.79M – $13.5M	$6.74M (+37%)	before first round	–	unknown	D	0%
1 May 2018	$5.05M	$1.84M – $13.9M	$6.92M (+37%)	before first round	–	unknown	D	0%
1 Jun 2018	$5.18M	$1.89M – $14.2M	$7.11M (+37%)	before first round	–	unknown	D	0%
1 Jul 2018	$5.32M	$1.94M – $14.6M	$7.29M (+37%)	before first round	–	unknown	D	0%
1 Aug 2018	$5.46M	$1.99M – $15.0M	$7.37M (+35%)	before first round	–	unknown	D	0%
1 Sep 2018	$5.61M	$2.04M – $15.4M	$7.43M (+32%)	before first round	–	unknown	D	0%
1 Oct 2018	$11.6M	$7.62M – $35.3M	$23.2M (+100%)	after a round	–	unknown	C	0%
2 Oct 2018	$11.6M	$7.62M – $35.3M	$23.2M (+100%)	after a round	–	unknown	C	0%
1 Nov 2018	$12.3M	$7.62M – $35.3M	$23.2M (+89%)	after a round	–	unknown	C	0%
1 Dec 2018	$13.0M	$7.62M – $35.3M	$23.2M (+78%)	after a round	–	unknown	C	0%
1 Jan 2019	$13.8M	$7.62M – $35.3M	$23.2M (+68%)	after a round	–	unknown	C	0%
1 Feb 2019	$14.6M	$7.62M – $35.3M	$23.2M (+58%)	after a round	–	unknown	C	0%
1 Mar 2019	$15.4M	$7.62M – $35.3M	$23.2M (+50%)	after a round	–	unknown	C	0%
1 Apr 2019	$16.4M	$7.62M – $35.3M	$23.2M (+42%)	after a round	–	unknown	C	0%
1 May 2019	$17.3M	$7.62M – $35.3M	$23.2M (+34%)	after a round	–	unknown	C	0%
1 Jun 2019	$18.4M	$7.62M – $35.3M	$23.2M (+26%)	after a round	–	unknown	C	0%
1 Jul 2019	$19.5M	$7.62M – $35.3M	$23.2M (+19%)	after a round	–	unknown	C	0%
1 Aug 2019	$20.6M	$7.62M – $35.3M	$23.2M (+12%)	after a round	–	unknown	C	0%
1 Sep 2019	$21.9M	$7.62M – $35.3M	$23.2M (+6%)	after a round	–	unknown	C	0%
1 Oct 2019	$23.2M	$7.62M – $35.3M	$23.2M (0%)	after a round	–	unknown	C	0%
1 Nov 2019	$23.2M	$7.24M – $35.3M	$23.2M (0%)	after a round	–	unknown	C	0%
1 Dec 2019	$23.2M	$6.89M – $35.3M	$23.2M (0%)	after a round	–	unknown	C	0%
1 Jan 2020	$23.2M	$6.55M – $35.3M	$23.2M (0%)	after a round	–	unknown	C	0%
1 Feb 2020	$23.2M	$6.23M – $35.3M	$23.2M (0%)	after a round	–	unknown	C	0%
25 Feb 2020	$400M	$348M – $598M	$520M (+30%)	after a round	–	unknown	A	0%
1 Mar 2020	$402M	$348M – $598M	$520M (+29%)	after a round	–	unknown	A	0%
1 Apr 2020	$411M	$348M – $598M	$520M (+27%)	after a round	–	unknown	A	0%
1 May 2020	$420M	$348M – $598M	$520M (+24%)	after a round	–	unknown	A	0%
1 Jun 2020	$429M	$348M – $598M	$520M (+21%)	after a round	–	unknown	A	0%
1 Jul 2020	$439M	$348M – $598M	$520M (+19%)	after a round	–	unknown	A	0%
1 Aug 2020	$448M	$348M – $598M	$520M (+16%)	after a round	–	unknown	A	0%
1 Sep 2020	$458M	$348M – $598M	$520M (+13%)	after a round	–	unknown	A	0%
1 Oct 2020	$468M	$348M – $598M	$520M (+11%)	after a round	–	unknown	A	0%
1 Nov 2020	$479M	$348M – $598M	$520M (+9%)	after a round	–	unknown	A	0%
1 Dec 2020	$489M	$348M – $598M	$520M (+6%)	after a round	–	unknown	A	0%
1 Jan 2021	$500M	$348M – $598M	$520M (+4%)	after a round	520	unknown	A	0%
1 Feb 2021	$512M	$348M – $598M	$520M (+2%)	after a round	520	unknown	A	0%
13 Feb 2021	$901M	$782M – $1.3B	$1.2B (+30%)	after a round	520	unknown	A	0%
1 Mar 2021	$911M	$782M – $1.3B	$1.2B (+28%)	after a round	520	unknown	A	0%
1 Apr 2021	$932M	$782M – $1.3B	$1.2B (+26%)	after a round	520	flat	A	0%
1 May 2021	$952M	$782M – $1.3B	$1.2B (+23%)	after a round	520	flat	A	0%
1 Jun 2021	$973M	$782M – $1.3B	$1.2B (+20%)	after a round	520	flat	A	0%
1 Jul 2021	$995M	$782M – $1.3B	$1.2B (+18%)	after a round	520	flat	A	0%
1 Aug 2021	$1.0B	$782M – $1.3B	$1.2B (+15%)	after a round	520	flat	A	0%
5 Aug 2021	$2.9B	$2.5B – $4.3B	$3.7B (+30%)	after a round	520	flat	A	0%
1 Sep 2021	$2.9B	$2.5B – $4.3B	$3.7B (+27%)	after a round	520	flat	A	0%
1 Oct 2021	$3.0B	$2.5B – $4.3B	$3.7B (+25%)	after a round	520	flat	A	0%
1 Nov 2021	$3.0B	$2.5B – $4.3B	$3.7B (+22%)	after a round	520	flat	A	0%
1 Dec 2021	$3.1B	$2.5B – $4.3B	$3.7B (+19%)	after a round	520	flat	A	0%
1 Jan 2022	$3.2B	$2.5B – $4.3B	$3.7B (+17%)	after a round	520	flat	A	0%
1 Feb 2022	$3.6B	$2.5B – $5.1B	$4.5B (+25%)	after a round	1,200	growing	B	0%
1 Mar 2022	$3.7B	$2.5B – $5.1B	$4.5B (+21%)	after a round	1,200	growing	B	0%
1 Apr 2022	$3.8B	$2.5B – $5.1B	$4.5B (+17%)	after a round	1,200	growing	B	0%
1 May 2022	$4.0B	$2.5B – $5.1B	$4.5B (+12%)	after a round	1,200	growing	B	0%
1 Jun 2022	$4.1B	$2.5B – $5.1B	$4.5B (+8%)	after a round	1,200	growing	B	0%
1 Jul 2022	$4.3B	$2.5B – $5.1B	$4.5B (+4%)	after a round	1,200	growing	B	0%
1 Aug 2022	$4.4B	$2.5B – $5.1B	$4.5B (0%)	after a round	1,200	growing	B	0%
1 Sep 2022	$4.5B	$2.5B – $5.1B	$4.5B (0%)	after a round	1,200	growing	B	0%
1 Oct 2022	$4.5B	$2.6B – $5.1B	$4.5B (0%)	after a round	1,200	growing	B	0%
1 Nov 2022	$4.5B	$2.3B – $5.1B	$4.5B (0%)	after a round	1,200	unknown	B	0%
1 Dec 2022	$4.5B	$2.2B – $5.1B	$4.5B (0%)	after a round	1,200	unknown	B	0%
1 Jan 2023	$4.5B	$2.1B – $5.1B	$4.5B (0%)	after a round	1,200	unknown	B	0%
1 Feb 2023	$4.5B	$2.1B – $5.1B	$4.5B (0%)	after a round	1,200	unknown	B	0%
1 Mar 2023	$4.5B	$2.0B – $5.1B	$4.5B (0%)	after a round	1,200	unknown	B	0%
1 Apr 2023	$4.5B	$2.0B – $5.1B	$4.5B (0%)	after a round	1,200	unknown	B	0%
1 May 2023	$5.0B	$3.3B – $5.8B	$5.0B (0%)	after a round	2,100	growing	A	0%
1 Jun 2023	$5.0B	$3.4B – $5.8B	$5.0B (0%)	after a round	2,100	growing	A	0%
1 Jul 2023	$5.0B	$3.5B – $5.8B	$5.0B (0%)	after a round	2,100	growing	A	0%
1 Aug 2023	$5.0B	$3.6B – $5.8B	$5.0B (0%)	after a round	2,100	growing	A	0%
1 Sep 2023	$5.0B	$1.8B – $5.8B	$5.0B (0%)	after a round	2,100	unknown	B	0%
1 Oct 2023	$5.2B	$2.7B – $6.0B	$5.1B (-1%)	after a round	2,400	up	B	0%
1 Nov 2023	$5.2B	$2.6B – $6.0B	$5.1B (-1%)	after a round	2,400	up	B	0%
1 Dec 2023	$5.2B	$2.6B – $6.0B	$5.1B (-2%)	after a round	2,400	up	B	0%
1 Jan 2024	$5.2B	$2.5B – $6.0B	$5.1B (-2%)	after a round	2,400	up	B	0%
1 Feb 2024	$5.3B	$2.5B – $6.1B	$5.2B (-1%)	after a round	2,600	up	B	0%
1 Mar 2024	$5.3B	$2.5B – $6.1B	$5.3B (-1%)	after a round	2,700	up	B	0%
1 Apr 2024	$5.3B	$2.5B – $6.1B	$5.3B (-1%)	after a round	2,700	up	B	0%
1 May 2024	$5.3B	$2.4B – $6.1B	$5.2B (-1%)	after a round	2,700	up	B	0%
1 Jun 2024	$5.3B	$2.4B – $6.1B	$5.2B (-2%)	after a round	2,700	up	B	0%
1 Jul 2024	$5.3B	$2.3B – $6.1B	$5.2B (-2%)	after a round	2,700	up	B	0%
1 Aug 2024	$5.4B	$3.7B – $6.2B	$5.4B (0%)	after a round	2,900	growing	A	0%
1 Sep 2024	$5.4B	$3.2B – $6.2B	$5.4B (0%)	after a round	2,900	growing	B	0%
1 Oct 2024	$5.4B	$3.2B – $6.2B	$5.4B (0%)	after a round	2,900	growing	B	0%
1 Nov 2024	$5.5B	$3.2B – $6.3B	$5.5B (0%)	after a round	3,100	growing	B	0%
1 Dec 2024	$5.5B	$1.6B – $6.3B	$5.4B (-2%)	after a round	3,100	up	C	0%
1 Jan 2025	$5.4B	$1.6B – $6.3B	$5.4B (-2%)	after a round	3,100	up	C	0%
1 Feb 2025	$5.4B	$1.5B – $6.3B	$5.3B (-2%)	after a round	3,100	up	C	0%
1 Mar 2025	$5.4B	$1.5B – $6.3B	$5.3B (-2%)	after a round	3,100	up	C	0%
1 Apr 2025	$5.4B	$1.4B – $6.2B	$5.3B (-2%)	after a round	3,100	up	C	0%
1 May 2025	$5.3B	$1.4B – $6.1B	$5.1B (-4%)	after a round	3,100	up	C	0%
1 Jun 2025	$5.3B	$1.4B – $6.1B	$5.1B (-4%)	after a round	3,100	up	C	0%
1 Jul 2025	$5.6B	$1.3B – $6.4B	$5.6B (-1%)	after a round	3,461	up	C	0%
1 Aug 2025	$5.6B	$2.9B – $6.5B	$5.6B (0%)	after a round	3,514	growing	B	0%
1 Sep 2025	$5.6B	$1.0B – $6.4B	$5.5B (-1%)	after a round	3,514	up	C	0%
1 Oct 2025	$5.4B	$1.0B – $6.2B	$5.2B (-4%)	after a round	3,514	up	C	0%
1 Nov 2025	$5.5B	$972M – $6.3B	$5.4B (-3%)	after a round	3,634	up	C	0%
1 Dec 2025	$5.5B	$937M – $6.3B	$5.4B (-3%)	after a round	3,634	up	C	0%
1 Jan 2026	$5.5B	$902M – $6.3B	$5.3B (-3%)	after a round	3,634	up	C	0%
1 Feb 2026	$5.6B	$879M – $6.5B	$5.6B (-1%)	after a round	3,813	up	C	0%
1 Mar 2026	$5.5B	$849M – $6.3B	$5.3B (-3%)	after a round	3,813	up	D	0%
1 Apr 2026	$5.4B	$818M – $6.3B	$5.3B (-3%)	after a round	3,813	up	D	0%
1 May 2026	$5.6B	$794M – $6.4B	$5.5B (-2%)	after a round	3,938	up	D	0%
1 Jun 2026	$5.2B	$765M – $6.0B	$4.9B (-5%)	after a round	3,938	up	D	0%
1 Jul 2026	$5.2B	$761M – $6.0B	$4.9B (-5%)	after a round	3,938	up	D	0%
1 Aug 2026	$5.3B	$764M – $6.1B	$5.0B (-5%)	after a round	4,026	up	D	0%
1 Sep 2026	$5.3B	$764M – $6.0B	$5.0B (-5%)	after a round	4,026	up	D	0%
1 Oct 2026	$5.4B	$769M – $6.2B	$5.1B (-4%)	after a round	4,126	up	D	0%
24 Oct 2026	$5.3B	$769M – $6.1B	$5.1B (-4%)	after a round	4,126	up	D	0%

Key facts about BharatPe

Founded: 2018
Headquarters: South Delhi, India
Employees: about 4,140 +14% in a year
Total raised: $783M
Funding rounds: 12
Last round: Debt May 2025

BharatPe was founded in 2018 by Ashneer Grover, Bhavik Koladiya and Shashvat Nakrani.

BharatPe funding history

BharatPe has 12 funding rounds on record, from Oct 2018 to May 2025, $783M in total. The latest disclosed valuation is $2.85B post-money (Series E, Aug 2021).

Debt 6 May 2025no round page
Led by Neo Group, Trifecta Capital; with Alteria Capital.
$15M
Debt 31 Jul 2024no round page
With Trifecta Capital, InnoVen Capital.
Sources: indiainsight.acp-llp.com, indianstartuptimes.com, indianstartupnews.com and 3 more
$10M
Debt 19 Jan 2024no round page
Led by InnoVen Capital.
Sources: entrackr.com
$100M
Debt 25 Oct 2021no round page
Led by MAS Financial Services.
Sources: entrackr.com
$14M
Debt 19 Aug 2021no round page
With IIFL Wealth and Asset Management, Northern Arc Capital.
Sources: siliconindia.com
$27M
Series E 4 Aug 2021
Led by Tiger Global; with Ribbit, Steadfast Capital, Amplo, Dragoneer Investment Group, Coatue, Insight Partners, Sequoia Capital.
Sources: plisio.net, deccanherald.com, crowdfundinsider.com and 1 more
$370M
$2.85B post-money
Debt 10 May 2021no round page
With Northern Arc Capital.
Sources: bwdisrupt.com, india.entrepreneur.com, startupstorymedia.com
$7.0M
Series D 12 Feb 2021
Led by Coatue; with Ribbit, Insight Partners, Steadview Capital, BEENEXT, Amplo, Sequoia Capital.
Sources: plisio.net, thefintechtimes.com, cooley.com and 4 more
$108M
$900M post-money
Debt 17 Jan 2021no round page
With Alteria Capital, ICICI Bank.
Sources: india.entrepreneur.com, thefintechtimes.com
$20M
Debt 14 Jan 2021no round page
With Alteria Capital, InnoVen Capital, Trifecta Capital, ICICI Bank.
Sources: thefintechtimes.com, yourstory.com
$35M
Series C 24 Feb 2020
Led by Coatue, Ribbit; with Amplo, Insight Partners, Steadview Capital.
Sources: plisio.net, asiatechdaily.com, techcrunch.com
$75M
$400M post-money
Seed 1 Oct 2018
With Sequoia Capital India, BEENEXT.
Sources: plisio.net
$2.0M

BharatPe investors

19 investors have backed BharatPe; Coatue, InnoVen Capital and Ribbit and 4 more led at least one round.

Coatue lead, 3 rounds
Ribbit lead, 3 rounds
MAS Financial Services lead
Neo Group lead
Tiger Global lead
Insight Partners 3 rounds
ICICI Bank 2 rounds
Northern Arc Capital 2 rounds
Sequoia Capital 2 rounds
Dragoneer Investment Group
IIFL Wealth and Asset Management
Sequoia Capital India
Steadfast Capital

What BharatPe does

BharatPe works in payment processing & point of sale, with 14 recorded offerings and customers in financial services and e-commerce.

Resilient Innovations Private Limited, known as BharatPe, is an Indian private company engaged in fintech and financial services, with a focus on digital payment solutions and financial inclusion for small businesses and merchants. The company provides payment processing, digital lending, and investment platform services, and operates a network of payment acceptance terminals and QR code solutions. BharatPe also offers digital money lending and bill payment services, and is involved in corporate social responsibility initiatives supporting women entrepreneurs.

Description from Veridion's company data.

Products and services

Digital Payment Solutions Development
UPI Payment Processing Services
QR Code Payment Solutions
Card Acceptance Terminal Manufacturing and Distribution
Merchant Loan Services
Business Investment Platform Services
Small Business Financial Empowerment Solutions
Merchant Digital Lending Services
Online Payment Solutions Development
Mobile Payment Solutions Development
E-Commerce Payment Solutions Development
Merchant Payment Infrastructure Solutions
Merchant Digital Enablement Services
Women Entrepreneurship Support Services

Markets

Financial Services
E-commerce

Business model

Business-to-Business
Business-to-Consumer
Service Provider

Industry codes (NAICS)

522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities 70% match
522291 Consumer Lending 30% match

Questions about BharatPe

What is BharatPe worth?

Valuation $5.3B (range $769M to $6.1B), as of 24 Oct 2026. The last disclosed valuation was $2.85B (Series E, Aug 2021).

Has BharatPe raised money?

BharatPe has 12 funding rounds on record, from Oct 2018 to May 2025, $783M in total. The latest disclosed valuation is $2.85B post-money (Series E, Aug 2021).

Who has invested in BharatPe?

Coatue, InnoVen Capital, Ribbit, Trifecta Capital, MAS Financial Services and Neo Group, and 13 more. Lead investors include Coatue, InnoVen Capital, Ribbit and Trifecta Capital.

How many people work at BharatPe?

About 4,140, up 14% over the last year. Headcount grew from 520 in Jan 2021 to 4,126 in Sep 2026.

What does BharatPe do?

BharatPe works in payment processing & point of sale, with 14 recorded offerings and customers in financial services and e-commerce. Its main offerings are digital payment solutions development, UPI payment processing services and QR code payment solutions.

When was BharatPe founded, and where is it based?

BharatPe was founded in 2018 and is based in South Delhi, India. It has about 4,140 employees, up 14% over the last year.

How we value companies Report an issue

BharatPe valuation, funding and investors

BharatPe valuation today

Key facts about BharatPe

BharatPe funding history

Debt 6 May 2025no round page

Debt 31 Jul 2024no round page

Debt 19 Jan 2024no round page

Debt 25 Oct 2021no round page

Debt 19 Aug 2021no round page

Series E 4 Aug 2021

Debt 10 May 2021no round page

Series D 12 Feb 2021

Debt 17 Jan 2021no round page

Debt 14 Jan 2021no round page

Series C 24 Feb 2020

Seed 1 Oct 2018