• Easebuzz raised $30 million in a Series A round led by Bessemer Venture Partners, with participation from 8i Ventures and Varanium Capital.
  • The startup has received RBI authorization to operate as an online payment aggregator and is eyeing cross-border expansion.

Payments platform Easebuzz has raised $30 million in a Series A funding round led by Bessemer Venture Partners. The round, comprising a mix of primary and secondary financing, also saw participation from existing investors 8i Ventures and Varanium Capital.

The new funding will fuel the company's expansion across its Vertical SaaS stack, enabling stronger product capabilities in online payment aggregation, along with the growth of its merchant network and deeper market penetration.

Easebuzz is also entering the offline payments space with plans to roll out POS and UPI QR-based Soundbox solutions.

Headquartered in Pune, Easebuzz provides sectoral SaaS embedded with payments infrastructure, serving industries such as education, real estate, e-commerce, BFSI, government, and travel.

Its clientele includes well-known names like Zepto, BigBasket, Bajaj FinServ, IRCTC, Star Health Insurance, Symbiosis University, and DLF.

The company recently partnered with NPCI Bharat BillPay to introduce an interoperable B2B payments platform. It has also been recognized as a Biller Operating Unit (BoU) under BBPS, facilitating seamless biller onboarding and collections.

Easebuzz has secured final authorization from the Reserve Bank of India (RBI) to function as an online payment aggregator.

The startup is now in the process of applying for a cross-border payment aggregator license to extend its reach to international markets.

Founder and CEO Rohit Prasad shared,

“In our journey to become the verticalized operating system for India’s digital economy, we are delighted to welcome Bessemer Venture Partners...”

The investor community has expressed strong confidence in Easebuzz’s business model, highlighting its profitable growth, deep domain expertise, and disciplined execution as it scales operations across India.

Edited by Annette George