Digital payments platform Easebuzz has raised $30 million in a Series A funding round led by Bessemer Venture Partners, per an announcement.
The round also saw participation from existing investors 8i Ventures and Varanium Capital. The financing included Rs 200 crore in primary capital and Rs 40 crore in secondary capital.
Easebuzz last raised funding of nearly $4 million in April 2021.
The fresh capital raised will be used towards expanding the company’s vertical SaaS offerings, enhancing its online payments infrastructure, and building out its offline payments suite—including point-of-sale (POS) devices and UPI Soundbox solutions, Easebuzz said in a statement.
According to media reports, the company is also planning an IPO within the next 2–3 years.
Founded in 2014 by Rohit Prasad and incubated by Symbiosis Center for Entrepreneurship and Innovation, Easebuzz provides SaaS tools embedded with payment solutions across industries such as education, real estate, ecommerce, BFSI, government, and travel. Its customers include Zepto, BigBasket, Bajaj FinServ, IRCTC, Star Health Insurance, Symbiosis University, and DLF.
The company claims to have processed over $30 billion in gross transaction value (GTV) in FY25. Revenue doubled to Rs 650 crore from Rs 294 crore in FY24.
Earlier this year, Easebuzz received final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator and is now seeking a cross-border licence to tap into international markets.
