BharatPe
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About BharatPe
BharatPe was founded in 2018 with the vision of making financial inclusion a reality for Indian merchants. In 2018, BharatPe launched India’s first UPI interoperable QR code, the first zero MDR payment acceptance service. In 2020, post-Covid, BharatPe also launched India’s only zero MDR card acceptance terminals – BharatSwipe. Currently serving over 1 millions merchants across 400+ cities , the company is a leader in UPI offline transactions, with annualized Transaction Processed Value of US$ 26 Bn in payments. The company has already facilitated disbursement of loans totalling to over ₹10000 crores to merchants, since launch. BharatPe has raised over US$ 583 million in equity till date. The company’s list of marquee investors includes Tiger Global, Dragoneer Investment Group, Steadfast Capital, Coatue Management, Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo, and Sequoia Capital (now Peak XV Partners).
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.5/5 based on 386 reviews | 3.3/5 based on 254 reviews | 3.2/5 based on 240 reviews | 3.9/5 based on 504 reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | Salary |
Critically Rated for | Promotions Job security Company culture | Salary Promotions Company culture | Job security Promotions Company culture | No critically rated category |
Primary Work Policy | Work from office 53% employees reported | Work from office 74% employees reported | Work from office 77% employees reported | Work from office 55% employees reported |
Rating by Women Employees | 2.7 Poor rated by 35 women | 3.8 Good rated by 52 women | 2.7 Poor rated by 21 women | 4.4 Good rated by 74 women |
Rating by Men Employees | 3.5 Good rated by 311 men | 3.2 Average rated by 186 men | 3.2 Average rated by 206 men | 3.8 Good rated by 380 men |
Job security | 3.0 Average | 3.2 Average | 2.7 Poor | 3.5 Good |
BharatPe Salaries
Area Sales Manager
Sales Executive
Territory Sales Manager
Key Account Manager
Territory Manager
Field Sales Executive
Team Lead
Zonal Head
Team Manager
Software Development Engineer II
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BharatPe News
Dream11’s Homecoming, Shadowfax Gears Up For IPO & More
- Dream11 has returned to India from the US utilizing the government's reverse flip mechanism to simplify operations and potentially prepare for listing on Indian bourses.
- Moving back to India may come with a high tax burden for Dream11, amidst accumulated tax notices totaling INR 40,000 Cr due to the 28% GST regime.
- Despite hitting a revenue milestone in FY23, Dream11's revenue may decline in FY25 due to tax challenges faced by the fantasy sports industry.
- Shadowfax is gearing up for an IPO at an expected valuation of INR 8,000 Cr, while Ola Electric is infusing funds into Ola Cell Technologies.
- Hood has transitioned to the matchmaking business model under 'Knot.dating', while Foxconn plans to double iPhone production in India by 2025.
- OfBusiness is leveraging AI for its upcoming IPO, PlanetSpark claims to be cash flow positive, and BharatPe achieved breakeven in FY25.
- Several Indian startups are preparing for IPOs, with 23 in various stages, showcasing the continued momentum in the startup listing space.
- RIDEV, a cleantech startup, is deploying electric two-wheelers for ecommerce and quick commerce companies to tackle last-mile carbon emissions in major Indian cities.
- With over 4,000 EVs deployed and partnerships with major players like Tata BigBasket and Amazon, RIDEV aims to build a scalable revenue stream in India's growing EV market.

How BharatPe Went From INR 5,000 Cr Loss To Break-Even
- BharatPe, a fintech giant, has reached a break-even point after facing losses, marking a significant turnaround for the company.
- The company reduced its losses substantially and achieved consistent EBITDA profitability in the first nine months of FY25.
- BharatPe's revenue in FY25 has surpassed that of FY24, reaching INR 1,787.8 Cr, with a focus shift from payments to lending and beyond.
- The company's strong fintech backend, including an NBFC license and small finance banking license, has contributed to its success.
- Change in leadership, with Nalin Negi taking over as CEO, and focus on compliance have played key roles in BharatPe's transformation.
- BharatPe stands out with stakes in an NBFC and a small finance bank, offering a comprehensive suite of financial services.
- The company's merchant business contributes to 90% of its overall revenue, with a registered merchant base of 18 Mn.
- BharatPe has ventured into consumer payments, offering bill payments, credit card bill payments, and a wealthtech app for P2P lending.
- Planning an IPO in the next 10-12 months, BharatPe aims for sustained growth driven by engaging features across various verticals.
- BharatPe has adapted to new regulations, corporate governance, and fiscal discipline, accelerating its path to profitability.

Delhi HC Temporarily Injuncts Use Of Bharapay Trademark
- The Delhi High Court has temporarily injuncted the use of Bharatpay's trademark.
- The court found phonetic, visual, and structural similarities between BharatPe and Bharatpay trademarks.
- A prima facie case of trademark infringement and passing off was made in favor of BharatPe.
- The court restrained Bharatpay from using the trademark and domain name www.bharatpay.net.

BharatPe’s losses decline in April-Dec 2024 period, achieves EBITDA breakeven
- BharatPe's net losses in Apr-Dec 2024 period decreased to around Rs 148.8 crore from nearly Rs 492 crore in the previous fiscal.
- BharatPe achieved break-even at the EBITDA level during Apr-Dec 2024, adjusted for employee stock option costs.
- The company aims to deepen its lending business and targets an initial public offering in the next two years.
- BharatPe's improved financials were attributed to stronger growth in merchant payment processing fees and service fees for facilitating loans.

BharatPe Achieves Adjusted EBITDA Breakeven In Apr-Dec FY25
- BharatPe, the fintech unicorn, achieved adjusted EBITDA breakeven in the first nine months of FY25.
- The company reported a consolidated net loss of INR 149 Cr in 9M FY25.
- BharatPe's non-banking finance company (NBFC) arm, Trillion Loans, demonstrated profitability with a profit of INR 29.7 Cr in 9M FY25.
- Trillion Loans received a 'BBB+' rating with a stable outlook, benefiting from being a subsidiary of BharatPe.

The Complete List of India Fintech Unicorns (2025)
- India's fintech unicorns have become a symbol of the booming startup ecosystem, reshaping financial services with accessibility and technology.
- Backed by investor interest and government support, India's fintech growth story began in 2011 with InMobi as the first unicorn.
- Government initiatives like Startup India have fostered fintech growth, leading to IPOs, mergers, and acquisitions exceeding $4 billion in the last decade.
- As of March 2025, India boasts 27 fintech unicorns, with one being a decacorn valued over $10 billion.
- The fintech sector contributes 5% of total revenues in the BFSI industry, with payments and lending dominating 85% of capital raised.
- The number of registered fintech startups in India grew fivefold from 2,100 in 2021 to 10,200 in 2024.
- India's fintech unicorns are expanding globally and setting the stage for global fintech leadership.
- The unicorns are divided into categories including Payments, Lending Tech, Fintech Infra/SaaS, InsurTech, WealthTech, and Others.
- Leading payment unicorns include PhonePe, Paytm, BillDesk, Razorpay, Pine Labs, CRED, BharatPe, and PayU.
- In the Lending Tech category, Slice, Yubi, Oxyzo, InCred Finance, DMI Finance, and MoneyView are notable unicorns.

fintech-focused VC firm Ribbit Capital to raise $500 million for its latest flagship fund
- Fintech-focused VC firm Ribbit Capital plans to raise $500 million for its latest flagship fund.
- The San Francisco-based firm has previously invested in Indian fintech unicorns including CRED, Razorpay, BharatPe, and PhonePe.
- Despite facing a funding slowdown in India's fintech sector, Ribbit Capital has displayed a strong interest in the country.
- Globally, fintech investments have fallen, but recent developments suggest improving investor appetite.

'No idea where the markets go from here, if this continues, govt will...': Nithin Kamath, Ashneer Grover replies...
- Zerodha co-founder Nithin Kamath warns that low market activity may significantly reduce the government's Securities Transaction Tax (STT) revenue for FY25-26.
- Kamath observes a more than 30% decline in market activity and expresses uncertainty about market direction.
- If the slowdown persists, the government might generate only half of the projected Rs 80,000 crore in STT for FY25-26.
- BharatPe co-founder Ashneer Grover calls for the government to abolish Capital Gains Tax to bring structural change to the markets.

Top 50+ Fintech Startups in India | Indian Fintech Startups in 2025
- Fintech has become an important part of the global economy, with all financial operations carried out through paperwork only, as the paper-based medium was considered the safest.
- India has the largest share of fintech startups through ‘payments’, followed by Wealth Tech, Fintech, Insurtech, and others.
- Paytm, Pine Labs, Razorpay, Groww, and Policybazaar make up the top five fintech startups in India.
- Other prominent fintech startups include BharatPe, Cred, CoinSwitch, and Digit Insurance.
- The fintech startups offer various services including payments, financing, insurance, investments, and loans.
- Some of the fintech startups use advanced technology such as AI, mobile integrations, and digital banking to make the process smoother and hassle-free.
- Zerodha, a discount broker for retail trading, is the largest fintech company in India in terms of active clients.
- One of the biggest challenges for fintech startups in India is to stay up-to-date on regulatory changes and compete with traditional brokers.
- Despite challenges, the future goals of fintech startups in India include expanding product offerings, enhancing financial literacy initiatives and improving technology infrastructure for scalability.
- Other notable fintech startups in India include Loanwalle, KreditBee, Sqrrl, and ClearTax.

Another Exit at BharatPe: CMO Parth Joshi Steps Down to Start His Own Venture
- BharatPe, a leading fintech company in India, is seeing another high-profile departure as its Chief Marketing Officer (CMO), Parth Joshi, resigns to start his own venture.
- This resignation comes amidst a series of senior-level exits at BharatPe, raising concerns about the company's leadership stability.
- Joshi's new business, details of which are not yet disclosed, is speculated to be in the fintech or digital marketing sectors, leveraging his expertise and experience.
- Despite the leadership changes, BharatPe remains focused on its IPO plans and aims to become EBITDA positive by March 2025.
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