In a pivotal moment of its journey, Easebuzz, the innovative payment aggregator authorized by the RBI, faced a critical regulatory hurdle. The company urgently needed to raise capital to meet the RBI’s net worth requirement and propel its expansion. Enter CapSurge, the strategic financial advisor committed to facilitating growth and compliance.
With CapSurge’s expertise and guidance, Easebuzz successfully orchestrated a Series A capital raise, securing a substantial investment of $4 million from esteemed investors Guild Capital, 8i Ventures, and Varanium. The participation of Fintech stalwarts Amrish Rau (PayU) and Jitendra Gupta (Jupiter) further validated Easebuzz’s vision and potential in the market.
Moreover, CapSurge’s relentless efforts culminated in the attainment of a Series B Term Sheet from the International Finance Corporation (IFC), a member of the World Bank group. This milestone, boasting an enterprise value of $120 million, underscored the confidence and trust garnered by Easebuzz under CapSurge’s strategic guidance.