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BHARATPE BANKING LICENCE
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
BharatPe firmly on profitability track, eyes $100 million roundBharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround. Sources told us the company expects to p...
BharatPe secures RBI nod to operate as online payment aggregatorThe final nod to Resilient Payments comes more than two years after it received an in-principle approval from the RBI, in January 2023. A P...
On track for full-year profitability, IPO still 18-24 months away: BharatPe CEOThe firm, which wants to become a full stack finserv player and is in the process to reduce its stake in Unity Small Finance Bank to abide ...
Whenever we see a line being breached, we will go back to court: BharatPe’s stand-in CEO Nalin NegiNegi’s comments come at a time when BharatPe’s parent, Resilient Innovations, has filed a fresh case in the Delhi High Court seeking an inj...
BharatPe acquires 51% in NBFC Trillion Loans to bolster lending playBharatPe’s investment in an NBFC comes at a time when several fintechs are looking at bolstering their presence in the segment.
BharatPe gets in-principle nod from RBI to operate as online payment aggregatorResilient Payments Pvt Ltd, a fully owned subsidiary of Resilient Innovations Pvt Ltd, the company that operates the BharatPe platform, rec...
Ashneer Grover hits out at BharatPe Chairman Rajnish Kumar, says hiring him 'biggest mistake'After attacking BharatPe CEO Suhail Sameer, the company's former co-founder and managing director Ashneer Grover on Friday hit out at Rajni...
BharatPe’s original cofounder Bhavik Koladiya moves onKoladiya’s contract has not been renewed, according to two people who were aware of the discussions. He was removed from BharatPe’s cap tab...
Satyam Nathani quits BharatPe as top-level exodus continuesNathani helped the company launch newer offerings - PostPe, and 10% Club, among others.
Two senior executives quit BharatPeBharatPe has been looking for a CFO and earlier appointed an Alvarez & Marsal (A&M) executive as interim CFO.
BharatPe’s Ashneer Grover goes on leave, weeks after rant went viral"For now, the board has accepted Ashneer Grover's decision, which we agree is in the best interests of the company, our employees and inves...
Viral audio clip's fake, says BharatPe's Ashneer GroverThe audio clip suggests that the argument between Ashneer Grover, his wife and the unidentified Kotak Mahindra Bank representative was due ...
Centrum Capital soars 19% after SFB nod from RBIShares of Centrum Capital have zoomed as much as 175 per cent in the calendar year 2021 so far, against a 27 per cent rise in BSE Sensex. T...
Making sense of BharatPe's banking forayThe story of how BharatPe, a three-year-old fintech startup, partnered 44-year-old NBFC Centrum Finance to acquire a banking licence and ma...
It’s a bank, PMC will be part of, it’s not takeover, says Centrum's Jaspal BindraThe RBI has granted Centrum 120 days to convert itself into a bank with fintech player BharatPe as an investor who will merge its payment b...
BharatPe puts in joint bid to acquire PMC BankPMC Bank has been embroiled in scams over alleged irregularities in certain loan accounts.
BharatPe gets $75 million from Coatue, RibbitBharatPe said one reason for the latest fundraising was to invest around $70 million in equity capital in its NBFC arm Resilient Capital, a...
Fintech startups apply for NBFC licence as lending pays off bigSeveral fintech players say their growing expertise in underwriting loans through a stack of customer data can help them evolve into primar...
BharatPe lines up loans for merchantsIt is also planning to apply for its own lending licence to lend to merchants who are accepting payments through BharatPe QR codes.