BharatPe in talks to raise Rs 120 cr in series-A round - ET Retail
20 Feb 2019 9:43 PM GMT
The latest fundraising is expected to value the payments startup at $60-65 million, said people aware of the deal.
- BharatPe is in the final stages of raising nearly $17 million (about Rs 120 crore) from investors led by Sequoia Capital India, in what could turn out to be one of the largest Series-A funding rounds in India’s startup sector, said people aware of the deal.
- The latest fundraising is expected to value the payments startup at $60-65 million, they said.
- It claims to make payment acceptance simple by offering merchants a single interface for all UPI apps such as Paytm , PhonePe, Google Pay, BHIM, Mobikwik, Freecharge and Truecaller, and 100 other UPI apps.
Next Story