Easebuzz raises $30m in Series A to scale offline payments and SaaS offering

By Puja Sharma

The funding will enable Easebuzz to accelerate product innovation in online payments, deepen its vertical SaaS stack and expand into offline payments.

Easebuzz, India’s payments platform, has raised $30 million in Series A funding in a mix of primary and secondary rounds led by Bessemer Venture Partners. Existing investors 8i Ventures and Varanium Capital also participated in the round. Dexter Capital acted as Easebuzz’s advisor for this round.

Founded with a mission to digitise end-to-end payments for every Indian business, Easebuzz has built a profitable, high-growth technology platform. The current funding will help Easebuzz to expand its Vertical SaaS stack, enhance product capabilities in online payment aggregation and strengthen its merchant network and market penetration. Easebuzz is also entering the offline payments space with point-of-sale (POS) and UPI QR-based Soundbox solutions.

Rohit Prasad, Founder & CEO of Easebuzz, said, “In our journey to become the verticalised operating system for India’s digital economy, we are delighted to welcome Bessemer Venture Partners for our Series A funding round, along with continued support from our existing investors 8i Ventures and Varanium Capital. This impetus will help accelerate our mission to build an ecosystem of technology products that enable rapid digitisation of payments and financial operations for businesses across India.”

Easebuzz has received final authorisation from RBI to operate as an online payment aggregator and is in the process of applying for a cross-border payment aggregator license to serve international markets.

Vishal Gupta, Partner at Bessemer Venture Partners, said, “Easebuzz has built a category-defining platform at the intersection of payments and vertical SaaS. They are a company that is growing rapidly, innovating with speed and doing so profitably from day one. We look forward to supporting Rohit and the team in their journey to drive the digital transformation of Indian businesses.”

“Their deep understanding of vertical use cases across industries—whether it’s automating education fee collection or streamlining real estate payments—gives them a significant edge, added Vikram Chachra, Founding Partner at 8i Ventures. Easebuzz is scaling sustainably and we believe it is on track to become India’s dominant digital payments infrastructure player.”