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This is a market-share view of UPI payment flows handled by payments aggregators through 'UPI Collect' method.
Recently, newly listed fintech major Pine Labs and PayU India also got RBI's approval for the three licenses.
The company's net profit jumped to Rs 18.77 crore in FY25 from Rs 37.7 lakh in the previous financial year.
The round, which is a mix of primary (Rs 200 crore) and secondary financing (Rs 40 crore), also included existing investors 8i Ventures and Varanium Capital.
Easebuzz claims it processes an annualized gross transaction value (GTV) of $30 billion, serving more than two lakh businesses.
The scam reportedly amassed over Rs 2,200 crore from individuals across 20 states. The 'proceeds of the crime' were transferred out of the country.
