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.

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 ₹99.8Cr as on Mar 31, 2025.

Where does BharatNXT rank among its competitors?

BharatNXT ranks 52nd amongst 436 active competitors, of which 59 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Mintoak, which secured $5.93M in Dec, 2025.

Who are the top competitors of BharatNXT?

BharatNXT's top competitors include Razorpay, PayU and BharatPe. Among them, Mintoak secured the most recent funding round in December, 2025.

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

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 & 77 more

Ranked

52^nd among 436 active competitors

Annual Revenue

₹99.8Cr as on Mar 31, 2025

Employee Count

41 as on Aug 31, 2025

Similar Companies

Razorpay & 3331 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	$11.8M (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 14 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	1944851	Angel	2462103	2252237	6866055	4790557
Mar 31, 2023	1338893	Seed	1774709	3555721	1711764	Spiral Ventures & 2 more
Dec 23, 2022	2178558	Seed	5793797	9497397	Spiral Ventures	DHS & 43 more

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View details of BharatNXT's funding rounds and investors

The founders of BharatNXT is Aljo Joseph.

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

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: 2 email addresses

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 3m
Aljo Joseph	Team	-	Current	5y 0m

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 Razorpay, PayU and BharatPe. 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	Razorpay 2014, Bengaluru (India), Series F	Provider of payment gateway, business banking, payroll, and credit solutions	$742M	Peak XV Partners, GIC & 35 others	86/100
2nd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of payment solutions and credit products for online merchants	$35.1M	Naspers, Prosus & 4 others	83/100
3rd	BharatPe 2018, Gurugram (India), Series E	Provider of payment solutions, lending, and investment opportunities for businesses	$584M	Coatue, Ribbit Capital & 55 others	83/100
4th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Iconiq Capital, Index Ventures & 14 others	80/100
5th	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Headline & 71 others	78/100
6th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	Starboard Value, ABS Capital & 2 others	76/100
7th	Mintoak 2017, Mumbai (India), Series A	Digital payments and engagement solutions for MSMEs	$30.6M	PayPal, HDFC Bank & 23 others	74/100
8th	Airpay 2012, Mumbai (India), Series A	Provider of omnichannel payment gateway solutions and financial service platforms	$3.63M	Kalaari Capital, Mosaic Capital Services & 8 others	71/100
9th	PayPhi 2015, Pune (India), Series B	Provider of omnichannel payment solutions and infrastructure for diverse business needs	$27.1M	Beenext, Opus Technologies & 7 others	70/100
10th	Mobileware Tech 2010, Mumbai (India), Acquired	Developer of software solutions for the insurance and banking management	$5.27M	Zaggle, Kvanto & 9 others	69/100
52nd	BharatNXT 2018, Mumbai (India), Seed	Provider of B2B compliant payment solutions	$3.43M	Singularity AMC, Panthera Peak Capital & 76 others	47/100

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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	4083724	1327915	2469658	8859792
Aljo Joseph	7595343	2221952	9574240	3994445	9728729	2560183
Fund	17.44%	7.17Cr	5568603	5078777	2610082	7956041
Spiral Ventures	93588	11334	37970	30004	55044	12795
Singularity AMC	7	7	5	5	7	2
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	6120	4387	9728	4821
Angel	11.78%	4.87Cr	8811777	7462980	1652305	3432020
Pankaj Mehta	6	7	6	3	2	3
Sameer Hasija	0	0	0	0	0	0
Zoeb Habib	0	0	0	0	0	0
Other People	1.19%	49.1L	5	2	1	6
ESOP Pool	18.44%	7.58Cr	7166626	6617614	8434603	7929287
Total	99.93%	41.1Cr	4236409	1114848	5779886	6946362