Liquidity Events
Flipkart-backed super.money acquires fintech startup BharatX
Bengaluru-based super.money (operated by Scapic Innovations Private Limited), the fast-growing UPI payments platform backed by Flipkart, has acquired BharatX , a Y Combinator-funded startup specializing in checkout financing. The acquisition aims to integrate buy now, pay later (BNPL) and installment-based payment solutions directly into UPI transactions, simplifying access to credit for millions of users.
In May 2022, BharatX had raised USD 4.5 million in its seed round led by Y Combinator, 8i Ventures, Multiply Ventures, Soma Capital and Java Capital.
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