About BharatX
BharatX is a Financial Services company based in Bengaluru (India) founded in 2019 by Mehul Nath Jindal, Eeshan Sharma, and Shyam Murugan, and was acquired by Super.Money in February 2025. Point-of-sale financing software enables buy-now-pay-later options at checkout. BharatX has raised $4.75 million across 2 funding rounds from investors including LetsVenture, Multiply Ventures and Y Combinator. The company has 1 employees. BharatX has completed 1 acquisition, including Zenifi. BharatX was last valued at $1.67 million in March 2021. Its chief executive, as recorded, is Mehul Nath Jindal. Its Indian entity Aurorax Private Limited reported revenue of ₹3.06 Cr. BharatX offers products and services including Pay In 3, Pay in X, and Postpaid. Its focus areas include FinTech, Alternative Lending, Enablers and Lending-as-a-service. Its competitors include KhatePay and PODS Ventures.
Company details
BharatX was established in 2019 in Bengaluru, India, within the fintech sector. Software solutions are delivered to facilitate point-of-sale financing for businesses. Buy-now-pay-later arrangements are supported for customers during purchases, allowing selections from multiple products and services in partner networks. Upfront payments are accepted, followed by a grace period for dues repayment. Operations focus on seamless integration at checkout points across retail environments.
- Headquarters Bengaluru, India
- Employees 1
- Founders Mehul Nath Jindal, Eeshan Sharma, Shyam Murugan
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website bharatx.tech
- Social LinkedIn X
- Acquired by Super.Money (Feb 2025)
- Legal Name Aurorax Private Limited
- Date of Incorporation 28 Aug, 2020
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹3.06 Cr
FY 2024 · +481% YoY
- Net Loss-₹7.99 Cr
FY 2024 · -261% margin
- EBITDA-₹7.92 Cr
FY 2024 · -259% margin
- Total Equity Funding$4.75M (USD)
in 2 rounds
- Latest Funding Round$4.5M (USD), Seed
Mar 2022
- InvestorsLetsVenture
& 23 more
- Employee Count1
- Investments & Acquisitions
- Acquired bySuper.Money
(Feb 2025)
Associated legal entities of BharatX
BharatX operates through Aurorax Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aurorax Private Limited CIN U72900TN2020PTC137501 | Active | 28 Aug 2020 | Chennai, Tamil Nadu | ₹3.1 Cr | 3 | View details |
Products & Services of BharatX
BharatX offers a comprehensive portfolio of products and services, including Pay In 3, Pay in X, and Postpaid.
Splits payments into three parts at zero cost for users.
Allows 25% upfront payment with rest in EMIs via tech integration.
Enables monthly billing for transactions on various apps.
Funding Insights of BharatX
BharatX has successfully raised a total of $4.75M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.5 million completed in March 2022. 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 $4.75M
- Total Rounds 2
- Last Round Seed — $4.5M
- First Round $250,318
(Mar 2021)
- Investors Count 23
All 2 funding rounds of BharatX 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 |
|---|---|---|---|---|---|
| Mar 2022 | $4.5M | Seed | – | Y Combinator, Multiply Ventures | |
| Mar 2021 | $250,318 | Seed | $1.67M | Java Capital, LetsVenture |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2021 | $1.67M | •••••••• |
Last known valuation $1.67M (Mar 2021). 24 investors in total: 8 institutional and 16 angel.
Investors in BharatX
BharatX has secured backing from 24 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include LetsVenture, Multiply Ventures and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Potato farming, grain marketing, and equipment services are conducted in Maine. | 2019 | multiplyventures.com | Bengaluru, India | |
Early-stage investments are provided by Soma Capital to startups. | somacap.com | San Francisco, United States | ||
Venture capital firm investing in tech sectors | javacapital.co | Bengaluru, India | ||
Investments are directed toward early-stage consumer and fintech startups. | 8ivc.com | Mumbai, India | ||
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Micro and pre-Series A investments are targeted by NewFort Holdings. | newfortholdings.tcc.mode | Bengaluru, India | ||
HM Harshil Mathur | Co-founder & CEO of Razorpay, leading fintech innovator, active angel investor | unknown_3be49edb5ac14eb58 | ||
SK Shashank Kumar | Co-founder of Razorpay, leading fintech innovator, active angel investor | unknown_861b545300a4452ea | ||
AF Arash Ferdowsi | Co-founder of Dropbox, angel investor, focuses on tech startups | unknown_c3372f8ae945497ba |
Investor details for BharatX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Aurorax Private Limited (BharatX)
Aurorax Private Limited is the primary company behind BharatX. The board of Aurorax Private Limited currently have 3 directors; the longest-serving is Mehul Nath Jindal, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mehul Nath Jindal DIN 08823095 | Director | 28 Aug 2020 | 6 yrs 2 mo | Aurorax Private Limited |
| Eeshan Sharma DIN 08829171 | Director | 28 Aug 2020 | 6 yrs 2 mo | Aurorax Private Limited |
| Shyam Murugan DIN 08869352 | Director | 23 Oct 2020 | 6 yrs | Aurorax Private Limited |
People of BharatX
6 people are tracked at BharatX (3 in leadership, 3 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Kumar A. | Product | Team |
Saleem Khan | Professional Recruiter | Team |
Khushi Jain | Founding HR | Team |
Complete people profiles for BharatX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
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Verified entity values are shown only after access is granted.
Financials of BharatX
Figures of Aurorax Private Limited, the primary company behind BharatX, for FY 2024. Revenue was ₹3.06 Cr (+481% year on year). Net loss was -₹7.99 Cr (-261% margin). EBITDA was -₹7.92 Cr (-259% margin). Revenue has grown at a compounded annual rate of +1430% over three years.
- ₹3.06 CrRevenue · FY 2024 · +481% YoY
- -₹7.99 CrNet loss · -261% margin
- -₹7.92 CrEBITDA · -259% margin
- ₹76.5 LakhPaid-up capital
- +1430%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Aurorax Private Limited are on its company page.
Detailed financial statements for BharatX
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by BharatX
BharatX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zenifi.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multiple installment payment options for healthcare are offered. | zenifi.in | Bengaluru, India | 2023 | May 2024 | •••• |
Complete acquisition details for BharatX
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of BharatX
6 dated milestones of BharatX across 6 years, from founding to its latest funding, stage changes and deals.
- Founded BharatX is founded.
- Funding First funding round of $250K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $4.5M.
- Acquisition Acquires Zenifi.
- Exit Acquired by Super.Money.
Competitors of BharatX
BharatX has 2 listed competitors in our database. They include KhatePay and PODS Ventures.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| khatepay.com | 2022 | Mohindergarh, India | Functions as an online direct lending platform connecting local merchants and individuals. | |||
| podsventures.com | 2015 | Mumbai, India | Offers lending platform for credit processing, market access, and risk management services. |
Detailed competitors of BharatX
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- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of BharatX
The website of BharatX (bharatx.tech) receives about 2.1K visits a month.
- Monthly visits2.1K
▲ 43.6% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as BharatX (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about Bharatx
Complete news archive for BharatX
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Frequently Asked Questions about BharatX
BharatX was founded in 2019 and raised its 1st funding round 2 years after it was founded.
BharatX is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mehul Nath Jindal is the CEO of BharatX, as recorded in our data. They have also founded this company.
BharatX is a funded company, having raised a total of $4.75M across 2 funding rounds to date. The company's 1st funding round was a Seed of $250.32K, raised on Mar 2021.
BharatX has 1 employees.
The primary company behind BharatX, Aurorax Private Limited, reported revenue of ₹3.06 Cr for FY 2024, up 481% year on year.
BharatX was established in 2019 in Bengaluru, India, within the fintech sector. Software solutions are delivered to facilitate point-of-sale financing for businesses. Buy-now-pay-later arrangements are supported for customers during purchases, allowing selections from multiple products and services in partner networks. Upfront payments are accepted, followed by a grace period for dues repayment. Operations focus on seamless integration at checkout points across retail environments.
BharatX's top competitors include PODS Ventures and KhatePay.
BharatX offers Pay In 3, Pay in X, and Postpaid.
BharatX has made 1 acquisition, including Zenifi.
BharatX has 24 investors. Key investors include LetsVenture, Multiply Ventures, Y Combinator, Soma Capital, and Java Capital.
The valuation of BharatX is $1.67M as of Mar 2021.