The startup is in advanced talks to raise INR 200 Cr (around $ 23.5 Mn) in a fresh funding round
The fundraise will likely see participation from Bessemer Venture Partners as a key investor
The funding round is also likely to include an ESOP buyback
B2B fintech startup Easebuzz is reportedly in advanced talks to raise INR 200 Cr (around $ 23.5 Mn) in a fresh funding round.
As per Moneycontrol’s report, citing people close to the matter, the fundraise will likely see participation from Bessemer Venture Partners as a key investor, along with a host of others.
Inc42 has reached out to Easebuzz for comments on the development. The story will be updated based on the response.
The funding round is also likely to include an ESOP buyback. However, the size of the buyback was not disclosed.
Founded by Rohit Prasad and Vikram Kumar in 2015, Easebuzz leverages API solutions to facilitate businesses to digitise their payment process and manage end-to-end collection-related financial operations.
(The story will be updated soon)