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Funding · 16 October 2026BharatPe$50-75MFintech payments startupbharatpe.com ↗

BharatPe weighs rights issue at lower valuation

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BharatPe valuation

BharatPe was valued at $2.8 billion (2021). Reported 16 October 2026.

Valuation (2021)$2.8 billion
FundingRights issueFinancial ServicesNew DelhiFounded 2018
  • BharatPe is a Delhi-based fintech company that offers payments and financial services to merchants across India
  • Talks reportedly cover a rights issue (new shares offered to current investors) of up to $100 million, likely closing nearer $50-75 million; the company…
  • The round would reset its worth to about $1.5-1.7 billion, well under the $2.8 billion mark of 2021, ahead of a possible listing next year

What happened

  • BharatPe may raise capital through a rights issue from existing shareholders.
  • Target is up to $100 million, with $50-75 million seen as likelier.
  • Pricing has not been fixed yet.

Why it matters

  • Lets current investors raise their stake at a lower valuation.
  • Resets worth before a possible IPO next year.
  • The company has denied the plans.

The business

  • BharatPe is a fintech firm based in Delhi.
  • It serves merchants with payments and financial products.

The founders

SN

Shashvat Nakrani

Co-founder
in
  • IIT Delhi alumnus

In numbers

$2.8 billionValuation in 2021

What happens next

  • Pricing of the round is still to be decided.

Words to know

Rights issue
An offer of new shares to existing shareholders.

Read it as a card in the app

Terms in this story

  • Valuation: A startup's valuation is the price investors agree the whole company is worth. For young companies it is set by negotiation and comparison, not by a formula.
  • Fintech business model: Fintech startups make money in a handful of ways: charging a fee on each payment, earning interest on loans, taking a commission for selling financial products, or selling software to banks and businesses. Most successful companies combine two or three of these.

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