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BHARATPE PROFITABILITY
Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...- 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...
- UGRO Capital is ditching low-yield lending; founder on plan to triple returns by FY29UGRO Capital has halted new loans in its low-yield, DSA-led book, a strategic pivot aimed at boosting profitability. This move, involving s...
- TCS Nashik case escalates; Zepto’s road to IPOHappy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in to...
- BharatPe cofounder Shashvat Nakrani steps down as COO, to remain a directorNakrani said he will move from a day-to-day role to a strategic advisor and board director from May 1, continuing to guide fundraising, IPO...
- BharatPe to raise funds before IPO, listing not on card this fiscal: CEO Nalin NegiBharatPe, last week, announced that it had achieved operational profitability after excluding the employee stock ownership plan. The compan...
- BharatPe turns profitable, reports adjusted profit before tax of Rs 6 croreET reported on August 1 that the company is expecting to report a profit before interest, taxes, depreciation and amortisation in its fisca...
- 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...
- 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 ...
- BharatPe posts 39% rise in FY24 operating revenue, loss before taxes narrows 50%At the group level, its consolidated ebitda (earnings before interest, tax, depreciation and amortisation) loss before share-based payment ...
- Ashneer Grover, BharatPe settle disputes; cut all tiesFintech startup BharatPe and cofounder Ashneer Grover have resolved their ongoing dispute. As part of the settlement, Grover will no longer...
- BharatPe rejigs senior managementBharatPe restructured senior management, appointing Sandeep Indurkar as CEO of payment vertical for Resilient Payments Pvt Ltd. Rijish Ragh...
- BharatPe to raise Rs 500 crore debt over the next year; makes new board appointmentsThe fintech company needs to raise both equity and debt to expand its credit business.
- We are working to co-create products with Unity Bank; will increase stake in NBFC: BharatPe’s stand-in CEO Nalin NegiThis comes as the company has been looking to rekindle its relationship with Unity Bank after a tumultuous period marked by the departure o...
- BharatPe turns Ebitda positive; clocks October 2023 as the first profitable monthWithout giving out the actual number, BharatPe in a statement said the financial milestone was attributed to consistent growth across all b...
- BharatPe in talks to raise fresh funding amid several top-level exitsThe exodus of top-level talent from the company continues as Nishant Jain, chief business officer, Prashant Gagneja, vice president of orga...
- BharatPe's point of sale vertical turns profitableBharatSwipe contributes over 20% to the overall payments transaction processed value of the company annually. BharatPe has an installed bas...
- Former RBI deputy governor BP Kanungo, Kaushik Dutta join BharatPe boardThe appointments are in line with the company’s aim to strengthen its corporate governance practices, it said on Tuesday.
- BharatPe appoints interim CFO; board, management aiming for IPO in 18-24 months: Rajnish KumarWith founder Ashneer Grover and wife Madhuri Jain exiting BharatPe’s management following allegations of financial irregularities, the comp...
- I will return on or before April 1, says BharatPe's Ashneer Grover“I’ve been relentlessly at work building up BharatPe for almost 4 years. After much deliberation and introspection, I plan to take a tempor...
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