Resilient Payments, a BharatPe Group company, has secured online payment aggregator licence from the Reserve Bank of India (RBI).
The company is preparing to roll out its online payment aggregator platform under the brand ‘BharatPe X’.
Go deeper with GlobalData
The company seeks to strengthen its presence in tier two and three cities and invest in technology infrastructure to support high-growth sectors.
Resilient Payments CEO Sandeep Indurkar said: “Resilient Payments will carry its online business under brand name ‘BharatPe X’. This sets the stage for us to accelerate our plans to build a scalable, merchant-first payments platform.
“We’re looking to broaden our footprint across high-potential markets, enhance our product suite, and bring more innovation to how businesses accept and manage digital payments. The focus now is on execution—building with intent, speed, and reliability.”
BharatPe holds an NBFC licence via Trillion Loans, and has a stake in Unity Small Finance Bank.
In April 2023, BharatPe acquired a 51% stake in Trillion Loans.
Set up in 2018, BharatPe introduced UPI interoperable QR code and the zero MDR payment acceptance service.
In 2020, it expanded its offerings with BharatSwipe, the zero MDR card acceptance terminal.
According to its LinkedIn page, the company’s investors include Tiger Global, Dragoneer Investment Group, Steadfast Capital, Coatue Management, Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo, as well as Sequoia Capital, which is currently operating as Peak XV Partners.
