BharatNXT

Mumbai, India Founded: 2018 • Age: 8 yrs
B2B compliant payment solutions are provided for business transactions.
Annual revenue $1.3M Latest available
Total funding $3.4M 6 rounds
Employees 22 Tracked headcount
Investors 70 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About BharatNXT

BharatNXT is a company based in Mumbai (India) founded in 2018 by Akshat Birla and Aljo Joseph. BharatNXT has raised $3.43 million across 6 funding rounds from investors including Keiretsu Forum, Panthera Peak Capital and Spiral Ventures. The company has 22 employees as of March 30, 2024. BharatNXT offers products and services including BharatNXT App, Classic Pay, and Quick Pay. BharatNXT operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.

  • Headquarter Mumbai, India
  • Employees 22 as on 30 Mar, 2024
  • Founders Akshat Birla, Aljo Joseph
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Fcap Technologies Private Limited
  • Date of Incorporation 12 Nov, 2018
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.34 M (USD)
    4690.72
    as on Mar 31, 2023
  • Net Profit
    -$460.02 K (USD)
    -32.77
    as on Mar 31, 2023
  • EBITDA
    -$444.38 K (USD)
    -10.28
    as on Mar 31, 2023
  • Total Equity Funding
    $3.43 M (USD)

    in 6 rounds

  • Latest Funding Round
    $12.16 K (USD), Angel Round

    May 15, 2023

  • Investors
  • Employee Count
    22

    as on Mar 30, 2024

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Products & Services of BharatNXT

BharatNXT offers a comprehensive portfolio of products and services, including BharatNXT App, Classic Pay, and Quick Pay.

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Category locked
Primary

Mobile app for secure business payments using credit cards.

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Service for next-day settlement of business transactions.

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Option for same-day fund transfers in business payments.

Funding Insights of BharatNXT

BharatNXT has successfully raised a total of $3.43M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $12.16 thousand completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in BharatNXT

BharatNXT has secured backing from 70 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Keiretsu Forum, Panthera Peak Capital and Spiral Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focusing on technology investments in Southeast Asia and India.
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Investments are made in early-stage tech startups across sectors.
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Accredited investors are networked for private equity funding opportunities.
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Investor details for BharatNXT

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Investments & Acquisitions by BharatNXT

Investments
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Investment portfolio details for BharatNXT

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Financial Statements - BharatNXT

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Detailed financials for BharatNXT

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Bharatnxt Comparisons

BharatNXT Primary company
Description
B2B compliant payment solutions are provided for business tr...
Location
Mumbai, India
Founded Year
2018
Annual Revenue
$1.34 M (USD)
Net Profit
-$460.02 K (USD)
EBITDA
-$444.38 K (USD)
Employees
22
As of 2024
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Peer comparison for BharatNXT

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Competitors of BharatNXT

BharatNXT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.

Company Name Domain Founded year HQ Location Description
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Payment processing and card issuance solutions are provided for businesses.
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Payment and business banking solutions are provided for enterprises.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Digital payments and engagement solutions are offered for MSMEs.
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Digital payments are processed and managed via specialized solutions.
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Detailed competitors of BharatNXT

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Latest news on Bharatnxt

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Complete news archive for BharatNXT

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Frequently Asked Questions about BharatNXT

BharatNXT was founded in 2018 and raised its 1st funding round 1 year after it was founded.

BharatNXT is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Akshat Birla is the current CEO of BharatNXT. They have also founded this company.

BharatNXT is a funded company, having raised a total of $3.43M across 6 funding rounds to date.

As of Mar 30, 2024, the latest employee count at BharatNXT is 22.

Annual revenue of BharatNXT is $1.34M as on Mar 31, 2023.

BharatNXT was founded in 2018 in Mumbai, India, within the fintech sector. Compliant payment solutions for B2B transactions are offered, enabling credit card usage for payments to suppliers, GST, rent, utilities, and other business expenses. Rewards and cashback are earned on these payments. The platform operates via applications available on iOS and Android devices.

BharatNXT's top competitors include Stripe, Razorpay and PayU.

BharatNXT offers BharatNXT App, Classic Pay, and Quick Pay.

BharatNXT has 70 investors. Key investors include Keiretsu Forum, Panthera Peak Capital, Spiral Ventures, Helios Holdings LLC, and Singularity Ventures AMC.

The valuation of BharatNXT is $5M as of May 2023.

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