About BharatNXT
BharatNXT is a Financial Services company based in Mumbai (India) founded in 2018 by Akshat Birla and Aljo Joseph. B2B compliant payment solutions are provided for business transactions. 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. BharatNXT was last valued at $5 million in May 2023. Its chief executive, as recorded, is Akshat Birla. Its website bharatnxt.in draws about 28 thousand monthly visits. Its Indian entity Fcap Technologies Private Limited reported revenue of ₹99.78 Cr. BharatNXT offers products and services including BharatNXT App, Classic Pay, and Quick Pay. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its competitors include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 22
- Founders Akshat Birla, Aljo Joseph
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website bharatnxt.in
- Social LinkedIn X Facebook
- Legal Name Fcap Technologies Private Limited
- Date of Incorporation 12 Nov, 2018
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹99.78 Cr
FY 2025 · +54% YoY
- Net Profit₹1.43 Cr
FY 2025 · 1% margin
- EBITDA₹4.07 Cr
FY 2025 · 4% margin
- Total Equity Funding$3.43M (USD)
in 6 rounds
- Latest Funding Round$12.16K (USD), Angel Round
May 2023
- InvestorsKeiretsu Forum
& 69 more
- Employee Count22
Associated legal entities of BharatNXT
BharatNXT is associated with 2 registered companies on The Company Check; the primary company is Fcap Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fcap Technologies Private Limited CIN U72900MH2018PTC456805 | Active | 12 Nov 2018 | Mumbai, Maharashtra | ₹99.8 Cr | 22 | 2 | View details |
| Fcap Technologies Private Limited CIN U72900HR2018PTC076851 | 12 Nov 2018 | Gurgaon, Haryana, India | View details |
Products & Services of BharatNXT
BharatNXT offers a comprehensive portfolio of products and services, including BharatNXT App, Classic Pay, and Quick Pay.
Mobile app for secure business payments using credit cards.
Service for next-day settlement of business transactions.
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.
- Total Funding $3.43M
- Total Rounds 6
- Last Round Angel Round — $12,156
- First Round $317,849
(Jun 2019)
- Investors Count 70
All 6 funding rounds of BharatNXT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2023 | $12,156 | Angel Round | $5M | Pankaj Mehta | – |
| Mar 2023 | $1.2M | Seed | – | Inflection Point Ventures | |
| Dec 2022 | $1.09M | Seed | $5.05M | Spiral Ventures | |
| Jun 2021 | $651,779 | Seed | $••••• | Singularity AMC | |
| Jul 2020 | $158,564 | Angel Round | $••••• | Sameer Hasija | |
| Jun 2019 | $317,849 | Seed | $••••• | Pankaj Mehta |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $5M | •••••••• |
| Dec 2022 | $5.05M | •••••••• |
| Jun 2021 | $••••• | •••••••• |
| Jul 2020 | $••••• | •••••••• |
| Jun 2019 | $••••• | •••••••• |
Full valuation and stage history of BharatNXT
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $5M (May 2023). 70 investors in total: 14 institutional and 56 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focusing on technology investments in Southeast Asia and India. | 2013 | spiral-ventures.com | Singapore, Singapore | |
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Accredited investors are networked for private equity funding opportunities. | 2000 | keiretsuforum.com | San Francisco, United States | |
Venture debt fund focused on early stage companies | 2021 | panthera-peak.com | ||
Private equity fund focused on financial services, energy, healthcare, and multiple sectors | dhsventures.com | Washington, Dc, United States | ||
Venture capital investment in tech-startups | Gurugram, India | |||
Angel investments are directed by Pinaki Ventures across diverse sectors. | Delhi, India | |||
Investment management services in growth equity and public investments in India. | 2016 | singularityamc.com | Mumbai, India | |
Bank and financial advisory services are provided to clients. | Goregaon, India | |||
Provider of professional learning and program management services | 2020 | heliosholdingsllc.org | Columbia, United States |
Investor details for BharatNXT
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Board of directors of Fcap Technologies Private Limited (BharatNXT)
Fcap Technologies Private Limited is the primary company behind BharatNXT. The board of Fcap Technologies Private Limited currently have 2 directors; the longest-serving is Akshat Birla, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshat Birla DIN 08276732 | Director | 12 Nov 2018 | 7 yrs 11 mo | Fcap Technologies Private Limited |
| Aljo Joseph Johnson DIN 07955302 | Director | 30 Jan 2021 | 5 yrs 9 mo | Fcap Technologies Private Limited |
People of BharatNXT
2 people are tracked at BharatNXT (2 in leadership); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for BharatNXT
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Financials of BharatNXT
Figures of Fcap Technologies Private Limited, the primary company behind BharatNXT, for FY 2025. Revenue was ₹99.78 Cr (+54% year on year). Net profit was ₹1.43 Cr (1% margin). EBITDA was ₹4.07 Cr (4% margin). Revenue has grown at a compounded annual rate of +654% over three years and +424% over five years.
- ₹99.78 CrRevenue · FY 2025 · +54% YoY
- ₹1.43 CrNet profit · 1% margin
- ₹4.07 CrEBITDA · 4% margin
- ₹3.9 LakhPaid-up capital
- 22Employees (provident fund records)
- +654%Revenue CAGR, 3 years
- +424%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fcap Technologies Private Limited are on its company page.
Detailed financial statements for BharatNXT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of BharatNXT
4 dated milestones of BharatNXT across 5 years, from founding to its latest funding, stage changes and deals.
- Founded BharatNXT is founded.
- Funding First funding round of $318K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $12K.
Competitors of BharatNXT
BharatNXT has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed competitors of BharatNXT
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Web traffic of BharatNXT
The website of BharatNXT (bharatnxt.in) receives about 28K visits a month.
- Monthly visits28K
▼ 1.7% vs previous month
Websites whose visitors overlap most with BharatNXT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nseit.com | 100% | 15.9K | #1,673,460 | View details | |
| freegwifi.com | 98% | 11.6K | #2,016,671 | View details | |
| indifi.com | 97% | 86.5K | #368,317 | View details | |
| pnbhousing.com | 96% | 324.6K | #134,641 | View details | |
| loantap.in | 96% | 46K | #640,822 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for BharatNXT
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Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as BharatNXT (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about 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 CEO of BharatNXT, as recorded in our data. They have also founded this company.
BharatNXT is a funded company, having raised a total of $3.43M across 6 funding rounds to date. The company's 1st funding round was a Seed of $317.85K, raised on Jun 2019.
BharatNXT has 22 employees.
The primary company behind BharatNXT, Fcap Technologies Private Limited, reported revenue of ₹99.78 Cr for FY 2025, up 54% year on year.
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 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.
BharatNXT operates through Fcap Technologies Private Limited.