The affiliate revenue model is increasingly popular, owing to the way it dovetails effectively with other revenue models, particularly ad-based models. It is a B2B and B2C model. BharatPe has raised a total of $680.5M in funding over 10 rounds. Get financial highlights, company network & industry details. At www.thinkwithniche.com, you get small business ideas, startup and business blogs, trending world business news, and success tips that ensure sustainable growth and development . In this time, they devised a smart method to expand. About - BharatPe. Financial technology firm BharatPe has seen its revenue and transaction volume jump manifold in the financial year 2020-21, as the pandemic has forced people and businesses adopt digital transactions and fund-starved small businesses seeking more credit avenues like this start-up. Riding the coat-tails of the massive adoption of their QR codes by over 1MM merchants in 2018, BharatPe raised $2M in seed funding in 2018. 3. And it's not slowing down. Check BharatPe (Resilient Innovations Private Limited) registration details online. You . It allows merchants to accept payments through a unified payments interface (UPI) and BharatPe also provides merchant acquiring and lending products. In person-to-merchant. For example one of the vendors in my area took a loan from BharatPe . The company revenue has grown X20 in 2021 in comparison to the year 2020. See insights on BharatPe including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Yet the revenue of the companies comes from its merchant and consumer-based products. A: We started in 2018 with the vision of building BharatPe as an end-to-end financial services platform for merchants. MAS Financial Services Ltd. and Northern Arc are the most recent investors. Earn upto 12% Interest. Get Instant Loans. People had to stand in long queues in banks and move from one ATM to the other which was again a long & tedious process. 4. The company has Pos machines to accept card payments. Its main purpose is to provide retailers with financing at lower interest rates. Founder of bharat pe is asneer grover, shashvat nikarani and bhavik koladiya. The BharatPe revenue model depends on providing its consumers with a digital payments platform and also has got a separate app for its merchant friends where the company credits them for their transactions digitally as mentioned above. 1 min read . 1. BharatPe = Cricket The more you transact, the more you score! BharatPe is an Indian fintech company. . All in less than three years since starting up. The operating revenue of RESILIENT INNOVATIONS PRIVATE LIMITED is in the range of INR 100 cr - 500 cr for the financial year ending on 31 March, 2021. BharatPe forays into Buy Now Pay Later segment with launch of postpe. We were amongst the very few startups that was focused on helping merchants. Today, BharatPevalued at $900 million in its Series D funding round announced in Februarysays it has 6 million merchant partners, processes more than 106 million UPI transactions per month, and has disbursed loans worth 1,600 crore. Pay your DTH, Electricity, Broadband, Piped gas, Water, LPG cylinder & Mobile bills on BharatPe app. The BharatPe revenue model depends on providing its consumers with a digital payments platform and also has got a separate app for its merchant friends where the company credits them for their transactions digitally as mentioned above. Despite the hurdles of 2020 and the lockdown, the business model of Bharatpe has fetched a 5-time growth. Pay your DTH, Electricity, Broadband, Piped gas, Water, LPG cylinder & Mobile bills on BharatPe app. The company boosts its revenue by counting the application usage and interdependent cyclical connection of credit. It would raise $15 Mn in Series A to kick start the loan buz. BharatPe has 5 employees across 6 locations and $627.5 m in total funding,. BharatPe has an innovative . BharatPe is QR-code based payment app for businessmen and retailers. What is BharatPe revenue? (File . Now you must input your mobile phone number and confirm it using an OTP. As per BharatPe co-founder Shashvat Nakrani, the idea of building an app like BharatPe was focused on the solving the challenge faced by . It actually sails for providing credits to the merchants with cheaper interests. On a unit level, BharatPe spent Rs 38.44 to earn a single rupee of revenue during the fiscal year ending in March 2020. BharatPe is a one-stop shop for digital payments. Earn 12% Interest. The major growth of BharatPe happened during the pandemic. BharatPe since its inception in 2018, does not charge any fee on any Digital payments from either party. The BharatPe revenue model depends on providing its consumers with a digital payments platform and also has got a separate app for its merchant friends where the company credits them for their transactions digitally as mentioned above. It actually sails for providing credits to the merchants with cheaper interests. Accept payments for FREE. Invest @12%. The company's application offers clients with interoperable unified payments interface quick response codes for accepting payments from customers, enabling merchants to accept payments and conduct business transactions in a smooth and inexpensive manner. Year founded: 2018; Funding Info: $640.7M over 8 Rounds (Latest Funding Type: Debt Financing) Yearly Revenue: NA; Employee Size: 501-1,000; Business Valuation: Valued at $2.85B as of August 04, 2021; Contact By Email; Website; Facebook; Twitter; Linkedin; Instagram . BharatPe has 600 employees. BharatPe - Funding And Investors BharatPe funding has raised a total amount of $720 Million in over 12 rounds it has witnessed. 1,000. BharatPe aims to facilitate a loan book of $300 million on postpe in the first 12 months, for its lending partners. The company has its headquarters in New Delhi. The company till this year is not profitable and burned 216 Crores. 2 min read . In 2021, BharatPe disbursed loans worth $214M to 180,000 merchants which led to revenue of $93M, a 7x increase from last year's $15M revenue. The BharatPe revenue model depends on providing its consumers with a digital payments platform and also has got a separate app for its merchant friends where the company credits them for their transactions digitally as mentioned above. It actually sails for providing credits to the merchants with cheaper interests.. What type of industries will gain benefit . The operating revenue of the company is 5.96 crores which was nil in the last fiscal year. Accept payments for FREE. It has 7,50,000 active users of the app. Also Read :- How to develop an on-demand mobile payment applications. It is launched to solve the problem of merchants. BharatPe is an Indian fintech company that offers QR code-based payment solutions. It actually sails for providing credits to the merchants with cheaper interests. This helped the start-up net a seven-times growth in revenue to over Rs 700 crore, up from around Rs 110 crore in 2019-20, Sameer said. BharatPe was valued at $2.85B after it had raised a Series E in Aug 2021. It comes under the top 5 Fintech startups of India. This is also apparent from BraratPe's claim: disbursal of $300 million to its merchant partners to date and has an outstanding loan book of $100 million (via third parties). BharatPe back on track after Ashneer Grover controversy, records 112% growth. Description. Over the. It has several levels of innovations at its heart which is why it meets The Golden Triangle Model Here are the hacks that BharatPe did and thus ended up creating this amazing model: New UPI ids for merchants aligned with BharatPe - BharatPe made signing up for a UPI id super simple. That provides a single platform for various digital payments. BharatPe is funded by 23 investors. BharatPe Unlike PhonePe and GooglePe, the founders of the BharatPe UPI decided to work on a single QR Code application. BharatPe Revenue Model: The company provides a digital payment platform to its customers by focusing on the merchant side of the business. BharatPe back on track after Ashneer controversy, records 112% growth. BharatPe App is completely free. Mobile Number / Email ID / User Name * Mobile Number / Email ID / User Name * Password * Password * Sign In . Then, on your smartphone, download and launch the 12% club app. BharatPe Financing client dashboard, Dashboard for BharatPe partners. Maximum Investment INR 10 Lakh; BharatPe Business Analysis. Bharatpe is a private company. BharatPe, he said, has disbursed about $14 million "short-term" loans to over 20,000 merchants in the last seven months. ALSO READ Buy Now Pay Later: The model changing the way credit works in India Best For: From a one-person shop just starting out, to an . Investment Team Deven Parekh Managing Director First and foremost, get the 12% Club app. BharatPe Alternatives. Talking . BharatPe - Revenue Model BharatPe's business model is based on providing a digital payment platform to its customers, as well as a separate app for its merchant partners, where the company credits them for their transactions digitally, as previously noted. The revenue model of BharatPe/12 Percent Club. It provides solutions for UPI payments, card acceptance, small business funding, and others. BharatPe became very popular after its launch in 2018 among businessmen as it solved a unique problem. Highlighting the rather unsuccessful business model that UPI is, online payments platform BharatPe has reported loss of $3.2 million for the FY'19. The BharatPe business is an Indian QR code-based payments company that operates on a B2B2C model because it helps the customers as well as the merchants or shop owners/retailers and other businessmen/women. model in issuing customized micro loans to their merchant base. Redeem your runs & meet your favourite cricket stars and get autographed cricket goodies. Lending appears to be the centre of BharatPe's revenue model as margins in payments are wafer-thin. Bharatpe : About, Marketing Strategy, Proposition and Revenue model February 2, 2022 by Nehalpatel BharatPe is a QR code-based payment app for offline businessmen and retailers. BharatPe has a very unique business model and because of this, it has grown exponentially. BharatPe is solving for ease of doing business. Login. - Invest money anytime and start earning interest daily. Overview Imagine your life a few years back, say early 2000 when digital payments had not been in the picture. BharatPe's business model is based on providing merchants with a simple and efficient way to accept digital payments from customers. It also registered 106 million monthly UPI transactions which were worth $830M in March 2021. BharatPe headquarters are located in A-45, Corner Market, Malviya Nagar, Opp. 2. They made transactions absolutely free. . The BharatPe revenue model depends on providing its consumers with a digital payments platformand also has got a separate app for its merchant friends where the company credits them for their transactions digitally as mentioned above. Fast-forward In the next 2 years BharatPe would ultimately find its buz. Updated: 06 Oct 2021, 01:26 PM IST Neil Borate. Your one-stop destination for quick and secure online recharges and bill payments. arrow_forward. Contact Email support@bharatpe.com Phone Number +91 88825 55444 BharatPe is an offline acquirer of merchants, providing a QR code for UPI payments, POS machine for card acceptance, and loans to small merchants. As a part of its future plans, the company aims to explore the segment of small merchants and retailers. The business grew about 30 times in 2019. Digital payments and lending platform BharatPe saw a jump of over 20 times in its revenue for the financial year 2020-21, while its losses widened by 77 percent during the same period. These guys ask for small loans from BharatPe, Generally amounting to between 1,000 to 10,000Rs. Ashneer Grover, founder and managing director of BharatPe. BharatPe announced that the company had witnessed a 7X growth of its annual revenues, which earlier stood at Rs 110 crore during FY20 stood and has currently surged up to Rs 700 crore in FY21. Co - Founded in 2018 by CEO Ashneer Grover and COO Shashvat Nakrani, BharatPe has its head office in Delhi. BharatPe Lagao. Dhandha Badhao. BharatPe FY21 revenue jumps over 6 times to 700 crore. BharatPe General Information. BharatPe revenue is $309.3 M. How many employees does BharatPe have? A Mountain of Opportunity While India emerged as the second-largest internet marketwith 560M users, it was still rapidly digitizing and growing. The company was founded in 2018 by Ashneer Grover and Shashvat Nakrani and is headquartered in New Delhi. The growth comes at the back of a strong technology stack. #neerajarora #bharatpe #ashneergrover #shartankindiaBharatPe Revenue Model | How Shark Tank India's Ashneer Grover's Bharat Pe earns money #shortsBharatPe is. Developer of merchant payment application designed to promote and offer digital payment services. India may soon have another fintech unicorn. BharatPe was providing this when its competitors were charging fees less than 1.5 %. First, they gain the user base and later use that user base to generate revenue. Rs 142 Cr as miscellaneous expense Moving over to the expenses sheet the single largest line item was booked under "Miscellaneous Expenditure" which accounted for nearly 62% of the annual cashburn. The need for excess working capital in the segment has prompted the company for the same. New merchants can secure about $500 for a period of three months from . Therefore, with the introduction of QR-based digital payments a huge. Your one-stop destination for quick and secure online recharges and bill payments. Payments is their first product and the plan is to be the utility app for 10 Mn+ offline retailers in India for all their business needs. COURSES: https://labourlawadvisor.in/link/LPTI Open Zerodha A/c, start investing: https://link.labourlaw. All Pan shops, mobile shops etc have BharatPe QR Codes with them. Best For: Enterprise-level companies to mid-market. BharatPe said on Thursday it has raised $108 million in a financing round that valued the New Delhi-based financial services startup at $900 million . BharatPe's boost generally happened during the pandemic when no payment app was charging transaction fees below 1.5%. 21B7BF8D-4CAA-470F-914E-7D85FBF51E77. The BharatPe revenue model depends on providing its consumers with a digital payments platform and also has got a separate app for its merchant friends where the company credits them for their transactions digitally as mentioned above. Bill.com also serves accounting professionals and firms through the Accountant Partner Program. BharatPe said it also reached an all-time high of $18.5 billion in annualised total payment value (TPV) -- a growth of 50 per cent over the last quarter. In this article, we will be studying the business model of BharatPe because of its unique strategies and getting into the top ranks of the digital payments industry within a short span of three to four years since its inception. The company has developed a platform that allows merchants to accept payments through various digital channels, including BharatPe's app, which is available on Android and iOS. The BharatPe revenue model depends on providing its consumers with a digital payments platform and also has got a separate app for its merchant friends where the company credits them for their transactions digitally as mentioned above. 12% Club, powered by BharatPe and in partnership with RBI approved NBFCs offers you a solution for all your investment and borrowing needs. About this app. Updated: 17 Jun 2021, 08:48 PM IST PTI. Arbitrage. The Borrowers are the merchant using Bharatpe till now. On a unit level, BharatPe spent Rs 38.44 to earn a single rupee of revenue during the fiscal year ending in March 2020. The company enjoys an 8.8% market share and has expanded its footprints from 30 to 100 cities in India. The BharatPe revenue model depends on providing its consumers with a digital payments platform and also has got a separate app for its merchant friends where the company credits them for their transactions digitally as mentioned above. Its headquarter is in New Delhi, India. Bharatpe has 45 employees. It actually sails for providing credits to the merchants with cheaper interests. What is BharatPe business model? The BharatPe Hack is a hack hiding in plain sight. The business model of BharatPe is similar to other peers to peer payment transfer applications like Google Pay. One of the big problem faced by such Kirana shops was digital channel charged fees and took . BharatPe Startup Story - Revenue Model The company's revenue model is providing its users with digital payments platform. The company reports total expenses of 23. Bharatpe Onboarded Merchants:Margin of a Retailer is between 8-10% on most products. It actually sails for providing credits to the merchants with cheaper interests. BharatPe is used by a lot of street vendors as all of us know, right? Just in four years, its subscribers have grown up to 10,00,000. This is why a lot Bharatpe specialises in financial services. BharatPe app provides all one solution, you can scan any QR-code and transfer the money. It actually sails for providing credits to the merchants with cheaper interests. They also have a separate app for the merchants where the company credits them for their transactions. Jul 5, 2022. www.business-standard.com. BharatPe ballooning: This is a first-of-its-kind investment, consumer lending and borrowing platform in app form. Applicable mainly to sellers or marketplace-oriented companies, the arbitrage revenue model uses the price difference in two different markets of the same good/service to make a profit. They leveraged UPI to enable absolutely free transactions. Bharat Pe spent Rs 38.44 to earn a single rupee of revenue during the fiscal year ending in March 2020. History and business model of BharatPe. The company was founded in 2018 and is headquartered in New Delhi, India. Panchshila Rendezvous,, New Delhi, NCT, 110017, India . Dhandha Badhao. - Start investing from as low as Rs. Lists Featuring This Company The company has a revenue model that depends on providing its customers with a digital payment . Overview Top Contacts Similar Company Their latest funding was raised on Oct 25, 2021 from a Debt Financing round. Where is BharatPe headquarters located? It disbursed Rs 1,600 crore in 2020-21 to 1.8 lakh merchant customers, which was only Rs 150 crore in 2019-20, BharatPe Group President Suhail Sameer told PTI on Thursday. While the number of merchants jumped to 60 lakh in 2020-21 from 24 lakh in the . "Post a successful FY22 that we closed with a 3 times growth in merchant loans, 2.5 times growth in payments and a 4 times jump in revenue, BharatPe has recorded its' best ever quarter in Q1, FY23," said Suhail Sameer, CEO, BharatPe. BharatPe Revenue QR code Revenue Model Loans , BharatPe Vendors . It actually sails for providing credits to the merchants with cheaper interests. - Get upto 12% interest per annum (Interest accrued daily) It focuses on small merchants and Kirana store owners in India. Funding Rounds Number of Funding Rounds 10 Total Funding Amount $680.5M BharatPe has so far partnered with other non-banking financial companies (NBFCs), which were approved by the RBI, in order to launch the 12 per cent club. This idea brought the startup zero revenue and a lot of merchant level payments data. Bharatpe - Email & Phone of top management contacts Bharatpe - Email & Phone of top management contacts Bharatpe Bharatpe is a Financial Services company and has headquarters in New Delhi, Delhi, India. Get Instant Loans. Bharatpe Merchant Dashboard. The company clocked annual revenue of 700 crores, seven times the previous year. This was the time when BharatPe cashed in on the opportunity. BharatPe Lagao. The Business Model followed by BharatPe is as below. With this deal, the company was valued at 2.85 billion and became the fifth fintech startup in 2021 to achieve Unicorn status. Redeem your runs & meet your favourite cricket stars and get autographed cricket goodies. BharatPe is a business model that uses the latest technology and a global workforce to create a scalable business for the future. Best For: Bill.com works for organizations of all sizes, from small businesses (SMBs) to mid-sized companies. BharatPe is a B2B startup and its core offering is the QR Code for merchants to accept UPI payments which make up 80% of its $16 billion annual total payment volumes (TPV). BharatPe = Cricket The more you transact, the more you score! How BharatPe grows?