Overview

BharatNXT, the B2B payments platform used by lakhs of Indian businesses, announced that it is now live on the Bharat Connect for Business network, an interoperable B2B invoicing and payments infrastructure built by NPCI Bharat BillPay Ltd (NBBL). The integration was unveiled at the Global Fintech Fest 2026 in Mumbai and is executed in partnership with PayU, which serves as the regulated payments layer for the network.

Partnership Details

The collaboration extends BharatNXT’s existing invoicing and payment capabilities beyond its own platform, allowing its MSME users to transact with suppliers on any participating platform within the Bharat Connect ecosystem. PayU acts as the payments partner, providing the necessary settlement and compliance framework. The partnership also introduces a new "Seller Hub" feature that offers suppliers collection links, automated payment reminders, and invoice‑discounting options, and functions as a marketplace for buyers to onboard their sellers.

Platform Features and Workflow

  • Verified B2B identity: Businesses obtain a verified B2B ID using GST or Udyam registration, enabling direct connection with suppliers across the network.
  • Digital invoicing: Invoices and purchase orders flow directly into the BharatNXT app, eliminating email exchanges and lost attachments.
  • Instant payment: Buyers can review transaction details and pay instantly using multiple payment and credit options.
  • Automatic reconciliation: Real‑time ERP reconciliation keeps accounting books accurate without manual effort.
  • Seller Hub benefits: Suppliers gain instant visibility into payments, access to embedded invoice financing for early payment, and streamlined collection tools.

Credit and Inclusion Impact

Bharat Connect for Business is one of five pillars identified by NBBL, encompassing Payments, Credit, Collections, and Inclusion Financing. Automated reconciliation of GST e‑invoices can convert buyer‑confirmed invoices into financeable records, enabling cash‑flow‑based underwriting. As invoices traverse the network, suppliers build a verified transaction history that formal lenders can access, facilitating inclusive credit policies with RBI‑recognised lenders. The network also lowers acquisition costs for reaching traditionally underserved MSMEs.

Quantitative Highlights

  • BharatNXT has unlocked close to $2 billion in credit for over 300,000 transacting MSMEs.
  • The platform’s registered base exceeds 2 million businesses.

Leadership Comments

  • Akshat Birla, Founder & CEO of BharatNXT, stated that the integration expands the company’s vision from payables to receivables and collections, leveraging NBBL’s national‑scale infrastructure.
  • Aljo Joseph, Founder & CBO of BharatNXT, emphasized that each invoice on the network creates a marketplace that builds credit history for buyers and offers faster collection for suppliers, driving inclusive lending.
  • Vineet Sethi, Chief Growth and Marketing Officer at PayU, highlighted that B2B will define the next decade of Indian payments and praised BharatNXT’s depth on the buyer side.
  • Noopur Chaturvedi, MD & CEO of NPCI Bharat BillPay Ltd, affirmed that interoperability and standardized digital infrastructure are essential for the future of B2B commerce.

Strategic Outlook

BharatNXT positions the integration as a step toward becoming a full‑stack financial operating system for India’s micro and small businesses, with the ambition to serve the next 10 million entrepreneurs. The company plans to collaborate with inclusion‑focused organisations, public‑sector banks, and government ministries to extend visibility of invoice‑to‑payment trails, supporting public‑interest objectives.

About BharatNXT

Founded by Akshat Birla and Aljo Joseph and headquartered in Mumbai, BharatNXT offers a single‑app solution that combines credit unlocking, invoicing, payments, GST, and utilities for MSMEs. To date, it has facilitated nearly $2 billion in credit for over 300,000 active MSMEs, drawing from a broader registered base of more than 2 million businesses.