When was BharatNXT founded?

BharatNXT was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is BharatNXT located?

BharatNXT is headquartered in Mumbai, India. It is registered at Awfis Building , 10th floor, R City offices, adjoining R City Mall, Lal Bahadur Shastri Marg, Ghatkopar west, Maharashtra- 400086, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400086.

Who is the current CEO of BharatNXT?

Akshat Birla of BharatNXT. They are also angel investors in 3 startups.

Which legal entities is BharatNXT associated with?

BharatNXT is associated with Fcap Technologies Private Limited.

How many employees does BharatNXT have?

As of Aug 31, 2025, the latest employee count at BharatNXT is 41.

Is BharatNXT a funded company?

BharatNXT is a funded company, having raised a total of $3.43M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 28, 2019.

How much is BharatNXT worth?

The latest valuation of BharatNXT is $***** as of May 15, 2023.

When was the latest funding round of BharatNXT?

BharatNXT's latest funding was a $***** Angel round on May 15, 2023, with participation from 1 investor.

What is the annual revenue of BharatNXT?

Annual revenue of BharatNXT is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does BharatNXT rank among its competitors?

BharatNXT ranks 2nd amongst 70 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Pice, which secured $6.19M in Sep, 2024.

Who are the top competitors of BharatNXT?

BharatNXT's top competitors include Pice, Transaction Solutions International and Revopay. Among them, Pice secured the most recent funding round in September, 2024.

BharatNXT - 2026 Company Profile, Team, Funding, Competitors & Financials

BharatNXT is a seed company based in Mumbai (India), founded in 2018 by Akshat Birla and Aljo Joseph. It operates as a Provider of B2B compliant payment solutions. BharatNXT has raised $3.43M in funding from investors like Spiral Ventures, Singularity AMC and Inflection Point Ventures, with a current valuation of $*****. The company has 70 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Pice, Transaction Solutions International and Revopay.

Company Details

Provider of B2B compliant payment solutions. It allows users to make payments to suppliers, GST, rent, utilities, and other business payments using the credit cards. It also enables users to earn rewards and cashback on business payments. The application is available on both iOS and Android platforms.

Website: bharatnxt.in
Social
Email ID: *****@bharatnxt.in, *****@bharatnxt.in
Phone Number: +91 **********
Registered Address: Awfis Building , 10th floor, R City offices, adjoining R City Mall, Lal Bahadur Shastri Marg, Ghatkopar west, Maharashtra- 400086, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400086

Key Metrics

Founded Year

2018

Location

Mumbai, India

Stage

Seed

Total Funding

$3.43M in 6 rounds

Latest Funding Round

Angel, May 15, 2023, $*****

Post Money Valuation

$***** as on May 15, 2023

Investors

Pankaj Mehta & 78 more

Ranked

2^nd among 70 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

41 as on Aug 31, 2025

Similar Companies

MoMo & 229 more

View BharatNXT's full profile

BharatNXT is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Fcap Technologies Private Limited CIN: U72900MH2018PTC456805 , India, Active	Nov 12, 2018	₹50 - ₹100 Cr (As on Mar 31, 2025)	41 (As on Aug 01, 2025)

BharatNXT has raised a total funding of $3.43M over 6 rounds. Its first funding round was on Jun 28, 2019. Its latest funding round was a Angel round on May 15, 2023 for $*****. 1 investor participated in its latest round. BharatNXT has 15 institutional investors and 64 angel investors.

Here is the list of recent funding rounds of BharatNXT:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 15, 2023	8675177	Angel	1322411	9459922	1314575	6189755
Mar 31, 2023	6169633	Seed	9738310	4960464	7123633	Spiral Ventures & 2 more
Dec 23, 2022	1239724	Seed	3949545	7073308	Spiral Ventures	DHS & 43 more

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View details of BharatNXT's funding rounds and investors

The founders of BharatNXT are Akshat Birla and Aljo Joseph. Akshat Birla is the CEO of BharatNXT.

Here are the details of BharatNXT's key team members:

Akshat Birla: Co-Founder & CEO of BharatNXT. They are also an angel investor in 3 startups and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Aljo Joseph: Co-Founder & CBO of BharatNXT and founder of 2 other companies, Finovate Capital and CredSaver. They serve on the board of 1 company.
Contact Info: 1 email address

BharatNXT's Board of Directors

BharatNXT's board has 2 active members. Akshat Birla and Aljo Joseph are part of team.

Here is the list of BharatNXT's board of directors:

Name	Type	Representing	Status	Duration
Akshat Birla	Team	-	Current	7y 9m
Aljo Joseph	Team	-	Current	5y 6m

View details of BharatNXT's Founder profiles and Board Members

BharatNXT's employee count trend

BharatNXT has 41 employees as of Aug 25. Here is BharatNXT's employee count trend over the years:

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Top competitors of BharatNXT include Pice, Transaction Solutions International and Revopay. Here is the list of Top 10 competitors of BharatNXT, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pice 2021, Bengaluru (India), Seed	Bill payment platform for businesses	$8.3M	Nexus Venture Partners, Paramark Ventures ... & 11 others	64/100
2nd	BharatNXT 2018, Mumbai (India), Seed	Provider of B2B compliant payment solutions	$3.43M	Panthera Peak, Firstport Capital & 77 others	47/100
3rd	Transaction Solutions International 2005, Delhi (India), Acquired	Provider of ATM and digital payment solutions for financial institutions	-	CX Partners, AAJV Investment Trust	45/100
4th	Revopay 2023, Fatehgarh Sahib (India), Unfunded	Provider of bill payments services for various business sectors	-	-	41/100
5th	TrulyPay 2020, Delhi (India), Unfunded	Provider of bill payment solutions to consumers and businesses	-	-	35/100
6th	Edhara 2022, Ajmer (India), Unfunded	Provider of BBPS and bill payment services	-	-	34/100
7th	PAYMAN FINTECH SOLUTIONS 2023, Hyderabad (India), Unfunded	Online bill payment services for businesses	-	-	33/100
8th	NeoByt Fintech 2023, Delhi (India), Unfunded	Provider of payment and financial services for small to midsize businesses	-	-	33/100
9th	Finsova 2023, Jodhpur (India), Unfunded	Online bill payment solutions for businesses	-	-	30/100
10th	Fastsolution.co.in Mumbai (India), Unfunded	Bill payment solution for businesses	-	-	28/100

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Founders (largest shareholder) own 46.56%, Funds own 17.44%, Enterprises own 4.52% and Angels own 11.78%. The net worth of BharatNXT's founders is INR 19.1Cr as of May 15, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	46.56%	19.1Cr	7560929	8587124	3288733	3187604
Akshat Birla	7691790	2388761	6782791	3857383	5257283	9448097
Aljo Joseph	2323935	1556297	6116722	9609693	2303503	1433163
Fund	17.44%	7.17Cr	6027435	7812881	4945713	5843367
Spiral Ventures	60971	13366	64254	36909	42048	56097
Singularity AMC	5	6	3	6	4	7
Pinaki Ventures	0	0	0	0	0	0
Inflection Point Ventures	0	0	0	0	0	0
DHS	0	0	0	0	0	0
Enterprise	4.52%	1.86Cr	6484	8367	8764	5172
Angel	11.78%	4.87Cr	6243965	2472786	5720422	1574831
Pankaj Mehta	4	2	4	7	3	6
Sameer Hasija	0	0	0	0	0	0
Zoeb Habib	0	0	0	0	0	0
Other People	1.19%	49.1L	4	3	6	7
ESOP Pool	18.44%	7.58Cr	2115229	9809723	5228885	3468494
Total	99.93%	41.1Cr	5178305	5252227	8576898	3885942