Pune-based ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-payments” target=”_blank”>digital payments player ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/easebuzz” target=”_blank”>Easebuzz has raised Rs 240 crore ($30 million) in a funding round led by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/bessemer-venture-partners” target=”_blank”>Bessemer Venture Partners. The round saw the infusion of Rs 200 crore in primary capital and Rs 40 crore in secondary capital.
In a secondary deal, shares are sold by older investors and the money does not get infused into the company.
This is the first major venture round for the payments firm, which data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/funding/fintech-startup-easebuzz-raises-4-million-in-first-funding-round/articleshow/81826882.cms” data-type=”tilCustomLink” target=”_blank”>last raised equity funding of Rs 34 crore ($4 million) in 2021.
Speaking with ET, Rohit Prasad, managing director, Easebuzz, said that existing…
