Exclusive: Easebuzz in talks to raise around $30 Mn at over $250 Mn valuation

Full-stack payments solutions provider Easebuzz is in advanced discussions to raise $30 million in a new funding round, according to two people familiar with the matter. The discussions come just months after the company wrapped up its $30 million Series A round in April.

As per sources, the round is expected to see participation from both new and existing investors, including Bessemer Venture Partners.

“The valuation being discussed is close to $250 million post-money,” said one of the sources, requesting anonymity as the talks are private. A second source confirmed the funding size and added that the company has held conversations with multiple global funds over the past quarter.

The potential fundraise follows several recent regulatory and business developments for the Pune-based company. Last month, the Reserve Bank of India allowed Easebuzz to offer online, offline and cross-border payment solutions, expanding its product offerings. The company has also posted strong financial growth and saw a 2.3X increase in operating revenue in FY25, with profit after tax at Rs 19 crore.

During the last funding led by Bessemer, Easebuzz said it was exploring an IPO in the next 2–3 years. The upcoming fundraise is likely to accelerate these plans, sources indicated.

Launched in 2016, Easebuzz serves more than 2.5 lakh merchants and processes over 3 million transactions each day. Its annualized Gross Transaction Value (GTV) is more than $50 billion.

“With regulatory clarity and product expansion, Easebuzz wants to scale rapidly across SMBs and mid-market enterprises,” said the second source. “The company sees opportunity in sector-specific payments and reconciliation stacks where traditional gateways have gaps.”

Responding to Entrackr’s queries, a company spokesperson Easebuzz does not comment on speculative information. Queries sent to Bessemer last week remained unanswered.

Easebuzz has raised $34 million to date. As per TheKredible, 8i Ventures is the largest external shareholder with 10.88% stake followed by Varanium Capital and Bessemer Venture Partners with 8.48% and 8.47%, respectively.

If the deal goes through, this will be one of the largest growth-stage raises in India’s payments infrastructure segment in recent months. It competes with Razorpay, Cashfree, PayU, Pine Labs, CC Avenue, among others.