Easebuzz, a payments aggregator platform has secured $30 million (Rs 256 crore) in Series A funding, led by Bessemer Venture Partners, the company said in a media statement on April 6.
Existing investors 8i Ventures and Varanium Capital also participated in the round, including primary and secondary transactions.
Late last year, Moneycontrol reported that the Pune-based Easebuzz is in advanced talks to raise Rs 200 crore.
The funding will help accelerate the fintech company’s product portfolio in online payments, expand its vertical Software-as-a-Service (SaaS) offerings, and also venture into offline payment solutions, including point-of-sale (POS) and UPI QR-based Soundbox solutions.
“We are looking to become the verticalised operating system for India’s digital economy. This impetus will help accelerate our mission to build an ecosystem of technology products that enable rapid digitisation of payments and financial operations for businesses across India,” said Rohit Prasad, founder and CEO of Easebuzz.
Easebuzz has also been scaling its offerings to solidify its position as a full-stack financial operating system. It recently forayed into the B2B payments space by launching an invoice management and payments platform in partnership with NPCI Bharat BillPay Ltd (NBBL).
The platform enables merchants, including manufacturers and distributors, to streamline their payment collections by offering buyers—such as retailers and shopkeepers—multiple payment modes.
According to the company, it has reported a Gross Transaction Value (GTV) of over $30 billion in the fiscal year 2025. Revenue doubled to Rs 650 crore (approximately $78 million), up from Rs 294 crore in the previous fiscal year, while maintaining profitability, it said in the media statement.
Founded in 2014 by Rohit Prasad and incubated by Symbiosis Center for Entrepreneurship and Innovation, Easebuzz last raised funding in April 2021, securing nearly $4 million.
“Easebuzz has built a category-defining platform at the intersection of payments and vertical SaaS. They are a company that is growing rapidly, innovating with speed and doing so profitably from day-one,” said Vishal Gupta, Partner at Bessemer Venture Partners.
The seed round was led by 8i Ventures, Varanium Capital, and Guild Capital, with participation from Amrish Rau (Pine Labs) and Jitendra Gupta (Jupiter). The company currently has over 200,000 business customers across India, including SMEs, startups, and large enterprises.
A couple of months ago, Easebuzz received final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator. It is in the process of applying for a cross-border payment aggregator license to extend its services to international markets.
Vikram Chachra, founding partner at 8i Ventures, added, “Their deep understanding of vertical use cases across industries—whether it’s automating education fee collection or streamlining real estate payments—gives them a significant edge.”
Easebuzz offers sector-specific SaaS solutions integrated with payments infrastructure for various industries, including education, real estate, e-commerce, BFSI, and government. Its customers include Zepto, BigBasket, Bajaj FinServ, IRCTC, Star Health Insurance, Symbiosis University, and DLF.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
