BharatPe raises $15.5 mn in funding from Insight Partners, Sequoia, Beenext
The company is working towards driving the adoption of UPI among merchants, and has established operations in 11 cities including Indore, Bhopal, Nagpur, Chandigarh, and Jaipur
- BharatPe raises $15.5 mn in funding from Insight Partners, Sequoia, Beenext
- BharatPe, a fintech startup that provides merchants with interoperable UPI QR codes has raised $15.5 million in Series A funding.
- Grover said that over the last few months, the company has been able to transform payments for over 600,000 merchants in India.
- BharatPe facilitates 10% of overall UPI merchant transactions in the country and accounts for 1% of overall UPI," said Grover.