Key Metrics
  • No. of Employees1810
  • Founded Year 2018
  • Company StagePrivate Limited Company
  • Total Funding₹5,264.49 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About BharatPe

BharatPe was co founded by Ashneer Grover and Shashvat Nakrani in 2018 with the vision to make financial inclusion a reality for Indian merchants BharatPe launched India s first UPI interoperable QR code first ZERO MDR payment acceptance service and first UPI payment backed merchant cash advance service In 2020 post Covid BharatPe also launched India s only ZERO MDR card acceptance terminals BharatSwipe Currently serving over 50 lakh merchants across 35 cities the company has grown business 30x in 2019 and is a leader in UPI offline transactions having processed 5 crore UPI transactions a month annualized TPV of US 5 Bn The company's list of marquee investors includes Beenext Sequoia SteadView Capital Ribbit Capital Coatue Management LLC Insight Partners and Amplo.

Business Model

BharatPe is a merchant-focused payment app that runs on UPI’s own QR codes to enable instantpayments settlement. The company offers a single interface for all UPI apps such as Paytm, PhonePe, Google Pay, BHIM, Mobikwik, Freecharge, True Caller and others to credit directly to the merchant’s bank account. With more than 200,000 merchant base, BharatPe claims to have processed over 700,000 transactions valued at over Rs 150 crore.

Top Competitors
PA
PaytmU65999DL2016PLC304713
CA
CashfreeU72900KA2015PTC082987
MO
MobikwikU64201HR2008PLC053766
CR
CredU93090MH2018PTC308253
BharatPe Funding Details
Funding Highlights
Latest Funding RoundDebt Financing
Total Funding Raised₹5,264.49 Cr
No. of Investments Made1
Total No. of Acquisitions3
Lead Investors5
Investors
  • Peak XV Partners, Ribbit Capital, Coatue, Grace Software Holdings, Beenext
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
BharatPe Financial Details
Financial Highlights
FY 2023-24 Revenue₹1,486.02 Cr
FY 2023-24 Expenses₹1,953.11 Cr
FY 2023-24 Profit/Loss-₹491.93 Cr
Net Cash Flow From Operations-₹22.91 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
BharatPe Key People
People Metrics
Current Core Team2
Board Members/Directors8

Core Team

SN
Shashvat Nakrani Founder
NN
Nalin NegiCFO

Board Members/Directors

RK
Rajnish KumarDirector
KD
Kaushik DuttaDirector
BP
Bibhu Prasad KanungoDirector
SN
Shashvat NakraniDirector
MM
Meyer MalkaDirector
HS
Harshjit Singh SethiNominee Director
RV
Rahul Vijay KishoreNominee Director
JB
John Bernard WeinsteinDirector
BharatPe Documents

AY - 2018-19

Profit and Loss statement - BharatPe - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of BharatPe for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - BharatPe - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of BharatPe for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - BharatPe - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of BharatPe for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - BharatPe - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of BharatPe for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - BharatPe - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of BharatPe for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - BharatPe - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of BharatPe for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - BharatPe - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of BharatPe for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - BharatPe - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of BharatPe for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - BharatPe - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of BharatPe for FY 2022-23
₹249.00 ₹498.00
Balance sheet - BharatPe - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of BharatPe for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - BharatPe - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of BharatPe for FY 2023-24
₹249.00 ₹498.00
Balance sheet - BharatPe - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of BharatPe for FY 2023-24
₹249.00 ₹498.00

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