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# Indian fintech startup BharatX raises $4.5 million in funding
- URL: https://www.techloy.com/indian-fintech-startup-bharatx-secures-4-5-million-from-y-combinator/
- Published: 2022-05-13T14:43:32.000Z
- Updated: 2022-12-08T00:36:50.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in India

[BharatX,](https://bharatx.tech/) a fintech startup based in India has raised $4.5 million in new funding round from Y Combinator, Silicon Valley-based accelerator, 8i Ventures, Multiply Ventures, Soma Capital, and angel investors. 

- The startup claims the funds will be used to increase its team and develop its products.
- Launched in 2019, BharatX is a business-to-business-to-consumer (B2B2C) fintech startup helping consumer-facing platforms offer credit-as-a-feature services.
- BharatX claims it 10xed its revenue in the last four months and currently works with 50 Indian brands.
- It last raised $250,000 in its pre-seed round from angel investors in December 2021\.