Easebuzz secures $30M funding, plans Southeast Asia expansion
Easebuzz secures $30M funding, plans Southeast Asia expansion

Easebuzz secures $30M funding, plans Southeast Asia expansion

News summary

Easebuzz, a Pune-based digital payments platform, has raised $30 million in a Series A funding round led by Bessemer Venture Partners, with participation from existing investors 8i Ventures and Varanium Capital. The capital will be utilized to expand its vertical SaaS offerings, enhance online payment capabilities, and develop offline payment solutions, including point-of-sale devices. Easebuzz reported a gross transaction value exceeding $30 billion in FY25, with revenues doubling to ₹650 crore, while maintaining profitability. The company recently received authorization from the Reserve Bank of India to operate as an online payment aggregator and is pursuing a cross-border license. Easebuzz plans to grow its operations in sectors such as banking, education, and real estate, and aims for an IPO within the next two to three years. This funding marks Easebuzz's first major round since its previous funding of $4 million in 2021.

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