Earlier this year, the Govt. of India (MeiTY) also awarded BharatPe for Innovation in Digital Payments. Processing over 12 lakh transactions daily, BharatPe is allowing its 25 lakh+ merchant base to accept transactions for free on UPI. Bharat Peprocesses transaction value of more than Rs. 15,000 crores annually and has grown 20x in 2019.  

Ashneer Grover, CEO and Co-founder of BharatPe, said, “We're excited to partner with Mastercard through their Start Path Programme. We look forward to collaborating with Mastercard and its global partners to deliver transformative solutions for our merchants in India.”

“Innovation is at the heart of Mastercard’s 50-year history, and the cutting-edge technology being pioneered by BharatPe aligns to the innovative, value-driven approach we take to our solutions and services,” said Amy Neale, Vice President and Global Lead for Mastercard Start Path. “The newest Start Path companies will be connected to our global ecosystem and together we’ll partner to deliver transformative solutions.”

Start Path invites later-stage startups to participate in a six-month virtual program, providing opportunities to scale and secure strategic investment. In addition to support from Mastercard, the startups also gain knowledge from the company’s global network of experts, customers and partners. The Start Path program helps emerging tech startups formulate the next generation of business solutions.