BharatPe raises $15.5 mn in funding from Insight Partners, Sequoia, Beenext
4 April 2019 2:28 PM IST
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.
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