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Founded Year

2018

Stage

Debt - IX | Alive

Total Raised

$829.73M

Valuation

$0000 

Last Raised

$17.33M | 2 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-32 points in the past 30 days

About BharatPe

BharatPe provides financial services. It offers merchant discount rate (MDR) services and allows merchants to sign up and start receiving the funds in their respective bank accounts. It serves offline retailers and businesses. The company was founded in 2018 and is based in Gurgaon, India.

Headquarters Location

DLF City Phase 2 Road Building No. 8 Tower C , 7th Floor, DLF Cybercity

Gurgaon, 122002,

India

888-255-5444

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BharatPe's Product Videos

BharatPe's Products & Differentiators

    Interoperable QR-based Payments System and Credit offerings

    BharatPe provides a comprehensive suite of digital payment and merchant services. Our offerings include QR code-based payments, acceptance of payment via all major UPI apps, instant settlement of funds, access to working capital loans, payment acceptance via POS machines, amongst others. We also offer value-added services like loyalty programs and EMI options for customers. Our user-friendly mobile app and dedicated dashboard offering make it convenient for merchants to manage their transactions, review their business growth, and access the offerings.

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Expert Collections containing BharatPe

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BharatPe is included in 6 Expert Collections, including Store tech (In-store retail tech).

S

Store tech (In-store retail tech)

1,739 items

Companies that make tech solutions to enable brick-and-mortar retail store operations.

U

Unicorns- Billion Dollar Startups

1,258 items

S

SMB Fintech

1,648 items

P

Payments

3,082 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

F

Fintech

13,559 items

Excludes US-based companies

F

Fintech 100

749 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

Latest BharatPe News

BharatPe CEO Rejects 90-Hour Work Week

Jan 20, 2025

By siliconindia   |  Monday, 20 January 2025, 11:27:01 AM IST In the middle of an ongoing debate on whether a 90-hour work week is feasible and ethical in corporate India, BharatPe CEO Nalin Negi has jumped into the fray with a position that stresses work quality over just the sheer number of hours put in. The fintech leader said that though productivity is the biggest focus, quality of work supersedes hours spent at a desk. At a time when the corporate sector in India is in the firing line following statements by L&T Chairman SN Subrahmanyan, Negi made the observations. Subrahmanyan's regret for not being able to force employees to work on Sundays set off a firestorm of discussion on whether corporations were ruining work culture. In an exclusive interview with PTI, Mr. Negi said that a 90-hour work week is an unsustainable expectation. He said, "Ninety hours is quite a number of hours to put in, and becomes very difficult. So I would say (it is about) quality. quality matters". For him, a productive and engaged workforce should not be judged solely by the number of hours spent working. As a relatively young company, BharatPe, founded six years ago, is keen on building a workplace culture that fosters employee engagement and work-life balance. "The debate around work-life balance has always been there", Mr. Negi commented. As a young organization, BharatPe looks to offer a comfortable and enabling environment wherein employees can deliver their best", he said, further underlining the specific benefit that young firms like BharatPe have: creating a work culture that is flexible and centered on the employee. In contrast, large corporations have a rigidness due to long-established frameworks and are less flexible in terms of culture. BharatPe looks at building a dynamic culture that's open to the needs of its workforce. Mr. Negi further elaborated on how a flexible and empowering environment can enable career growth, rather than just offering employees jobs. "Young organisations can foster career trajectory in a very, very different way, because you have different people. Larger companies have built this over a period of time, they have people and attract talent of a similar nature, (in a) cookie-cutter approach", he explained. BharatPe, he said, is committed to creating a workplace where employees can grow and build careers, not just jobs. Reiterating his company's position on work hours, Mr. Negi outrightly dismissed the notion of a 90-hour work week. "I don't think. 90 hours is possible", he said, adding that a happy and engaged employee is likely to contribute more effectively without the pressure of excessive work hours. In return, "he who is valuable to you would be more ready to go extra miles when you need him and wouldn't look for constant supervisions or enforce long hours to him". As Mr. Negi said: "A happy employee will give you a lot. someone who is involved and enjoying his or her job, if they have something (urgent), they will do it. You don't even have to follow it up". The long-standing debate over long working hours took a dramatic turn earlier this month after Larsen & Toubro's (L&T) Chairman SN Subrahmanyan caused a storm when he said employees should work a 90-hour week, including Sundays, to increase productivity. The controversial remarks triggered widespread outrage on social media as people questioned whether such a model of work is sustainable and fair. Many from all walks of public life have started joining the fray, with a few sounding alarmed at the cost to one's body and psyche, while a few others rushed to defend so-called hustle culture. For example, RPG Enterprises Chairman Harsh Goenka did express his anguish over the proposals for extreme hours on X, formerly Twitter. He wrote, "Working hard and smart is what I believe in, but turning life into a perpetual office shift? That's a recipe for burnout, not success. Work-life balance isn't optional, it's essential". Marico Ltd Chairman Harsh Mariwala echoed similar sentiments, saying that while hard work is essential for success, it is the quality and passion brought to those working hours that truly matter. "Without doubt, hard work is the bedrock of success, but it's never about time clocked in. It's about the quality and passion one brings to that hour", Mariwala posted. ITC Ltd Chairman Sanjiv Puri, too, felt the need to add his views, stating that enabling employees to reach their complete potential and to do their work effectively should supersede the work hours. Voices in the debate indicate that although long work hours sometimes are associated with hard work and dedication, in the long term, they prove to be detrimental to both individuals and organizations. The debate on work hours and work-life balance has been an all-time favorite, resurrected year after year in various forums and discussions in India. Even the stalwarts of Indian businessdom, such as Co-founder NR Narayana Murthy of Infosys, have commented on this, with Murthy himself proposing that youngsters be willing to work up to 70 hours a week for increased productivity. These high-profile international business leaders who have long advocated for the hustle culture include Tesla CEO Elon Musk. His infamous comment, "There are way easier places to work, but nobody ever changed the world on 40 hours a week", has been in headlines and quoted by so many proponents of the grind mentality. However, with growing recognition of the mental and physical cost of extreme work hours, the conversation has gradually shifted to focusing on employee well-being. Among the corporate voices is BharatPe's CEO, Nalin Negi, who stands out as one who advocates for a more balanced approach: one that promotes work quality, employee engagement, and long-term career development rather than brute force in the form of extremely long working hours. With such issues still affecting corporate India, companies like BharatPe are at the forefront of redefining the future of work in India's dynamic business landscape. Read More News :

BharatPe Frequently Asked Questions (FAQ)

  • When was BharatPe founded?

    BharatPe was founded in 2018.

  • Where is BharatPe's headquarters?

    BharatPe's headquarters is located at DLF City Phase 2 Road, Gurgaon.

  • What is BharatPe's latest funding round?

    BharatPe's latest funding round is Debt - IX.

  • How much did BharatPe raise?

    BharatPe raised a total of $829.73M.

  • Who are the investors of BharatPe?

    Investors of BharatPe include Trifecta Capital, Neo Asset Management, InnoVen Capital, Trifecta Capital Advisors, MAS Financial Services and 23 more.

  • Who are BharatPe's competitors?

    Competitors of BharatPe include MobiKwik, axio, ePayLater, PhonePe, benow and 7 more.

  • What products does BharatPe offer?

    BharatPe's products include Interoperable QR-based Payments System and Credit offerings.

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