Fintech company BharatPe has raised Rs 90 crore (around $10 million) in debt from RevX Capital, Arvesta Financial Services and Neo Prime Fund.
According to regulatory filings with the Registrar of Companies (RoC), the company’s board approved the allotment of 9,000 series N1 debentures, each with a face value of Rs 1 lakh, to raise the sum in two tranches.
Leading the round, RevX Capital Fund II invested Rs 50 crore. Arvesta followed with a contribution of Rs 40 crore, while Neo Prime Fund put in Rs 10 crore.
This marks BharatPe’s second fundraiser in the last three months. In December 2025, MediaNama exclusively reported that it secured a debt of Rs 45 crore from Neo Group
BharatPe IPO on the cards? The development comes at a time when BharatPe is preparing to tap the public markets. The company has reportedly initiated talks with bankers for its initial public offering (IPO) and is expected to file its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in FY27.
Several new-age fintech firms are preparing for a public listing. Earlier this week, Moneyview filed draft IPO papers seeking to raise Rs 1,500 crore through a fresh issue. PhonePe and Kissht have also filed with SEBI, while Razorpay and PayU are reportedly finalizing their IPO plans.
RBI Grants PA Licence to BharatPe: In April 2025, BharatPe received the RBI’s final authorisation to operate as an online payment aggregator (PA). With this, BharatPe became the only fintech player in India with an NBFC arm (Trillionloans), a stake in a Small Finance Bank (Unity SFB) and an online PA licence.
Founded in 2018, BharatPe operates in both business-to-business (B2B) and business-to-consumer (B2C) segments, catering to merchants with Point of Sale (PoS) machines for payment acceptance and loans, while also offering consumer products such as its Buy Now, Pay Later app postpe, and lending app Invest BharatPe (formerly 12% Club).
Financial Scorecard: BharatPe turned profitable in the fiscal year ended March 2025, reporting a profit before tax (excluding ESOP expense) of Rs 6 crore, a sharp reversal from a loss of Rs 342 crore a year earlier. The company also reported a strong top-line growth, with total revenue reaching Rs 1,734 crore. Meanwhile, offline UPI transactions on the platform grew 26% year-on-year.
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