Easebuzz has just closed a major Series A funding round—worth USD 30 million (around INR 258 crore)—led by experienced investors at Bessemer Venture Partners. Existing investors 8i Ventures and Varanium Capital also continued to back the company. That USD 30 million comprised INR 200 crore in primary capital and INR 40 crore in secondary capital.
It’s been a while since Easebuzz has seen a capital raise of this scale. The last one was in 2021, when the company secured USD 4 million (around INR 34.33 crore). Dexter Capital was the exclusive financial advisor on this latest deal.
Strategic Use of Capital
The fresh infusion will be deployed to:
- Expand the company’s vertical SaaS stack
- Enhance online payment aggregation infrastructure
- Accelerate product development
- Strengthen the merchant network and market reach
- Develop offline payment solutions, including POS (Point-of-Sale) terminals and UPI QR-based Soundbox devices
- Boost brand visibility
- Hire senior leadership talent
Speaking on the fundraise, Rohit Prasad, Founder and Managing Director of Easebuzz, stated:
“In our journey to become the verticalized operating system for India’s digital economy, this funding gives us the impetus to strengthen our product offerings and deepen our presence in core sectors like education, real estate, BFSI, government, and e-commerce.”
Business Performance and Growth
The company wrapped up FY25 with a net profit of INR 22 crore and a gross revenue of INR 650 crore—up from INR 294 crore in FY24. That’s a pretty healthy profitability track record. A large portion of this revenue is utilized for settling transactions with banks.
Easebuzz processed a Gross Transaction Value (GTV) of over USD 30 billion (around INR 2.58 lakh crore) in the year. That’s exponential growth from just a few years ago, when its annual GTV was USD 300 million (around INR 2,575 crore). Today, the company handles around USD 3 billion (around INR 25,749 crore) in monthly transactions. It’s aiming to double that by the end of the year.
Easebuzz works with over 200,000 businesses across India. That includes marquee clients like Zepto, BigBasket, Bajaj FinServ, IRCTC, Star Health Insurance, Symbiosis University and DLF. Plus, it partners with 10,800+ educational institutions to offer sector-specific SaaS solutions that are integrated with payment infrastructure.
Focus on Offline Payments and UPI
While the company’s current revenue is predominantly derived from online payments, offline channels account for only 10%. With the new funding, Easebuzz aims to scale its offline payments footprint, including POS systems and UPI-based QR Soundboxes, to drive adoption among traditional retailers and SMBs.
Investor Confidence
Vishal Gupta, Partner at Bessemer Venture Partners, praised Easebuzz’s trajectory:
“Easebuzz has built a category-defining platform at the intersection of payments and vertical SaaS. They’re growing rapidly, innovating swiftly, and doing so profitably from day one.”
Vikram Chachra, Founding Partner at 8i Ventures, added:
“Their deep understanding of vertical use-cases—whether automating education fee collection or streamlining real estate payments—gives them a significant edge.”
Aparajit Bhandarkar, Partner at Varanium Capital Advisors, remarked:
“From USD 300 million (~INR 2,575 crore) to USD 30 billion (~INR 2.58 lakh crore) in GTV, the journey has been phenomenal. Easebuzz’s frugal and disciplined approach continues to stand out in the fintech space.”
IPO on the Horizon
Rohit Prasad confirmed that Easebuzz is aiming for an IPO within the next 2–3 years, stating that profitability allowed them to limit dilution while bringing a global fund like Bessemer on board.
“We didn’t want to dilute much, but wanted a global venture fund to support our next phase of growth,” he said.
About Easebuzz
Founded in 2014 by Rohit Prasad and Amit Kumar and incubated at the Symbiosis Center for Entrepreneurship and Innovation, Easebuzz offers a full-stack digital payments and financial operations platform tailored for sector-specific needs across India.
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