Easebuzz has received final authorization from RBI to operate as an online payment aggregator and is in the process of applying for a cross-border payment aggregator license to serve international markets
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William_Potter
Payments platform Easebuzz has raised $30 million in series A funding in a mix of primary and secondary rounds, led by Bessemer Venture Partners. The round also saw participation from existing investors 8i Ventures and Varanium Capital.
The funding will be deployed to help Easebuzz to expand its Vertical SaaS stack, enhance product capabilities in online payment aggregation and strengthen its merchant network and market penetration. Easebuzz is also entering the offline payments space with point-of-sale (POS) and UPI QR-based Soundbox solutions.
Rohit Prasad, Founder & CEO, Easebuzz, said, “In our journey to become the verticalized operating system for India’s digital economy, we are delighted to welcome Bessemer Venture Partners for our Series A funding round, along with continued support from our existing investors 8i Ventures and Varanium Capital. This impetus will help accelerate our mission to build an ecosystem of technology products that enable rapid digitization of payments and financial operations for businesses across India.”
Easebuzz has received final authorization from RBI to operate as an online payment aggregator and is in the process of applying for a cross-border payment aggregator license to serve international markets.
According to the company, it has processed a gross transaction value (GTV) of over $30 billion in FY25, with revenues doubling to ₹650 crore – up from ₹294 crore in FY24 while maintaining its profitability track record. Easebuzz now serves over 2,00,000 businesses across India, spanning SMEs, startups, and large enterprises.
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.
Vishal Gupta, Partner at Bessemer Venture Partners said “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. We look forward to supporting Rohit and the team in their journey to drive the digital transformation of Indian businesses”
“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. added Vikram Chachra, Founding Partner at 8i Ventures.
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Published on April 7, 2025