Easebuzz Secures Major Funding for Payments Solutions

Easebuzz, a leading provider of full-stack payments solutions, is currently engaged in advanced negotiations to raise $30 million in a new funding round, according to two knowledgeable sources. This comes just a few months after the firm completed its $30 million Series A round in April. Sources indicate that this funding round will involve both new and existing investors, including Bessemer Venture Partners.

Valuation and Investor Interest

One source, wishing to remain anonymous due to the confidential nature of the negotiations, revealed that the valuation under discussion is approximately $250 million post-money. A second source corroborated the expected funding amount and noted that Easebuzz has spoken with several global investment funds over the previous quarter.

Recent Developments

The prospective fundraising aligns with various recent regulatory and business advancements for the Pune-based company. Last month, the Reserve Bank of India permitted Easebuzz to offer online, offline, and cross-border payment solutions, thereby broadening its product range. The entity has also demonstrated robust financial growth, achieving a 2.3X increase in operating revenue in FY25, with a profit after tax of Rs 19 crore.

Future Aspirations

In the last funding round led by Bessemer, Easebuzz announced aspirations to explore an IPO within the next 2-3 years. This upcoming funding is expected to hasten these ambitions, according to various sources.

Operational Insights

Founded in 2016, Easebuzz caters to over 250,000 merchants and processes upwards of 3 million transactions daily. Its annualised Gross Transaction Value (GTV) exceeds $50 billion. One source stated that with clear regulations and expanded product offerings, Easebuzz aims to rapidly scale within the SMB and mid-market sectors. The company also identifies opportunities in specific payment sectors and reconciliation stacks where traditional payment gateways show weaknesses.

Company Responses and Stakeholder Information

A spokesperson for Easebuzz responded to inquiries from Startup Superb by stating that the company does not comment on speculative matters. Queries dispatched to Bessemer last week have yet to receive a response.

To date, Easebuzz has secured $34 million in funding. Reports indicate that 8i Ventures holds the largest external stake, with a 10.88% ownership, followed by Varanium Capital and Bessemer Venture Partners at 8.48% and 8.47%, respectively.

Market Competition

If this funding round is finalised, it stands to be one of the largest growth-stage fundraising efforts within India’s payments infrastructure sector in recent months. Easebuzz competes with industry players such as Razorpay, Cashfree, PayU, Pine Labs, and CC Avenue.