Digital payments platform Easebuzz has secured ₹240 crore ($30 million) in a fresh funding round led by global investor Bessemer Venture Partners. The round comprised ₹200 crore in primary capital and ₹40 crore in secondary capital, marking the company’s first significant funding since 2021, when it raised $4 million from 8i Ventures and Varanium Capital.
The Pune-headquartered company said the new funds will be used to strengthen branding efforts, onboard senior leadership, and scale operations across key verticals including banking, government payments, real estate, and education.
Easebuzz offers digital payment and financial infrastructure tools and currently serves over 10,800 educational institutions. The company processes approximately $3 billion in monthly transactions and has set a goal to double this figure by the end of the year.
The company also aims to diversify revenue streams by ramping up its offline payments segment—which currently contributes only 10% to the business—and expanding geographically into Southeast Asia and the Middle East.
Easebuzz’s Managing Director, Rohit Prasad, emphasized the company’s profitability and IPO ambitions. “We’re already profitable, so we didn’t want to dilute much but wanted a global fund on board,” he said, adding that an IPO is on the horizon within the next 2–3 years.
In FY25, Easebuzz reported a net profit of ₹22 crore and gross revenues of ₹650 crore, the majority of which is routed toward settling payments with banking partners. The company also received final authorization from the Reserve Bank of India earlier this year to operate as a payment aggregator and is currently applying for a cross-border license to support its international expansion plans.
The latest funding not only strengthens Easebuzz’s position in India’s rapidly evolving fintech landscape but also sets the stage for its transition into a global payments player.
