Pune-based payments aggregator platform Easebuzz has raised $30 million (Rs 256 crore) in a Series A funding round led by Bessemer Venture Partners, with participation from existing investors 8i Ventures and Varanium Capital. The round included both primary and secondary transactions, a statement from the company revealed.
The fresh capital will be deployed to broaden Easebuzz’s product portfolio in digital payments, scale its vertical SaaS solutions and expand into offline payment innovations such as POS terminals and UPI QR-based Soundbox solutions.
“We are looking to become the virtualised operating system for India’s digital economy,” said Rohit Prasad, Founder and CEO of Easebuzz. He further added,“This funding gives us the impetus to accelerate our mission to build an ecosystem of technology products that rapidly digitise payments and financial operations for businesses across India.”
Founded in 2014 and incubated by the Symbiosis Center for Entrepreneurship and Innovation, Easebuzz has been steadily evolving into a full-stack financial operating system. Earlier this year, the company forayed into the B2B payments space, launching an invoice management and payments platform in partnership with NPCI Bharat BillPay Ltd (NBBL).
The platform now enables merchants—such as manufacturers and distributors—to streamline collections by offering buyers, including retailers and shopkeepers, multiple payment options.
In Financial Year (FY) 2025, the company reported a Gross Transaction Value (GTV) of over $30 billion, and doubled its revenue to Rs 650 crore (approx. $78 million), up from Rs 294 crore the previous year, while maintaining profitability.
It serves over 200,000 business customers across India, including SMEs, startups and large enterprises. Its clients span industries such as education, real estate, e-commerce, BFSI and government, with notable names like Zepto, BigBasket, Bajaj Finserv, IRCTC, Star Health Insurance, Symbiosis University and DLF on its roster.
The company received final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator and is currently applying for a cross-border license to expand into international markets.
This latest round of funding comes after the company’s last raise in April 2021, where it secured $4 million in a seed round led by 8i Ventures, Varanium Capital and Guild Capital, with participation from industry leaders such as Amrish Rau (Pine Labs) and Jitendra Gupta (Jupiter).
