HomeCompaniesBharatX

BharatX

Enable Buy-Now-Pay-Later in a White-Labelled Manner

BharatX was recently acquired by Flipkart, the largest startup in India, to enable Buy Now Pay Later in their own ecosystem as well as bolster their own FinTech play via Super.money. It powers Checkout Financing in their ecosystem currently on Millions of Users. BharatX enabled "Pay in 3" and "Pay in X" parts as a feature on over 1000+ brands, 300+ directly and the rest via Payment Gateway partners. Our product enabled Buy Now Pay Later, in a white-labelled way. For e.g. Flipkart PayLater on Flipkart. We grew 47X to $2.5M ARR in under 6 quarters straight after fumbling for 2 years around PMF and Credit Risk & Fraud. We started out as a platform to provide access to Credit in Developing countries without relying on traditional documentation processes by Banks, which did not give access to hundreds of millions.Over the course of BharatX, we have credit to hundreds of thousands of consumers, including many New to Credit (NTC) users.
Active Founders
Mehul Jindal
Mehul Jindal
Founder
Started BharatX @ 19 enabling 500+ Millions of Indians to access Credit without any Credit Score, Documentation or paying high interests (in majority cases it was Zero APR). Scaled 47X from $50K to $2.5M ARR in under 18 months, with less than 15 people, becoming cashflow +ve, disbursing $100K+ daily. Got Killed by Regulations in an hour, Sold the Tech & Biz to Flipkart - India's largest Startup, powering their Checkout Financing Stack & their Fintech Arm's BNPL biz. Building again.
Shyam Murugan
Shyam Murugan
Founder
1. LoL 2. Anime 3. Development That's how I would describe myself. The ordering may or may not be important :D
Eeshan Sharma
Eeshan Sharma
Founder
A good listener… always up for quick ideation or discussion over coffee ☕️
Former Founders
Siddharth Venu
Siddharth Venu
Founder
I love building tech and watching anime.
BharatX
Founded:2021
Batch:Winter 2022
Team Size:14
Status:
Acquired
Location:Bengaluru, India