Page 11 - Bharatpe

BharatPe raises Rs 139 crore in debt from Alteria Capital, ICICI Bank

BharatPe said it has raised Rs 139 crore in debt from venture debt firm Alteria Capital and ICICI Bank that will be used to strengthen its lending business and provide credit to merchants

BharatPe to raise over Rs 5,000 crore in debt funding in next 2 years

Financial Technology firm BharatPe on Wednesday said it plans to raise over Rs 5,000 crore in debt funding in next 2 years to build its lending business

Centrum-BharatPe, Liberty group in race for beleaguered PMC Bank

Deal could mark the entry of corporates into UCBs

Fintech company BharatPe aims to become a bank for small merchants

The firm, which provides technology and digital lending for offline businesses including kiranas, has witnessed $2-billion annualised business transactions for its POS segment in just three months

BharatPe plans to reach 65 cities by Dec end, add 3 mn merchants in FY21

The company will be rolling out an interoperable UPI QR with zero transaction fees, and its recently launched zero-rental, zero-fees card acceptance machine BharatSwipe

BharatPe introduces digital gold product on its platform for merchants

Merchant payment platform BharatPe on Tuesday said it has introduced digital gold product on its platform for merchants in association with Safegold

BharatPe aims Rs 1,000 cr loan disbursal to merchants this fiscal

BharatPe has recorded disbursal of over Rs 80 crore in September 2020 and facilitated loan disbursals to the tune of Rs 150 crore through its partners in the September quarter

Fintech firm BharatPe appoints Suhail Sameer as first group president

BharatPe claimed that it serves over 4 million merchants across 35 cities, and grew its business by 30 times in 2019. The company claims to have disbursed over 35,000 loans worth Rs 175 crore

Fintech firm BharatPe focused on offline shop-owners raises Rs 350 crore

Existing investors Sequoia Capital, Beenext Capital and Insight Partners also participated

BharatPe raises $15.5 mn in funding from Insight Partners, Sequoia, Beenext

The company is working towards driving the adoption of UPI among merchants, and has established operations in 11 cities including Indore, Bhopal, Nagpur, Chandigarh, and Jaipur

BharatPe raises Rs 107 cr funding from Insight Partners, Sequoia, Beenext

The company provides merchants with interoperable UPI QR codes