Pune-based digital payments platform Easebuzz has raised $30 million in a Series A funding round led by Bessemer Venture Partners, with participation from existing investors 8i Ventures and Varanium Capital.
According to reporting by Moneycontrol, the company will use the funds to expand its SaaS offerings, strengthen its online payment aggregation platform and develop offline payment solutions such as point-of-sale systems.
Easebuzz currently offers digital payment tools tailored for industries like education, real estate and e-commerce.
“We are looking to become the verticalised operating system for India’s digital economy. This impetus will help accelerate our mission to build an ecosystem of technology products that enable rapid digitization of payments and financial operations for businesses across India,” Easebuzz CEO Rohit Prasad said in a statement.