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BHARATPE EQUITY FUNDING
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...
VC contract terms get tougher on founder shares after governance lapsesVenture capital firms are tightening founder contracts, with nearly 76% of Indian startups now allowing the forfeiture of vested shares for...
AI video startup TrueFan raises $10 million led by Baring PE, Z3PartnersGurugram's TrueFan AI secured $10 million, valuing it at $40 million, to fuel its AI-generated video platform. Serving over 100 enterprises...
Sadev Ventures appoints Ishan Kansal as cofounder and managing partnerSadev Ventures welcomes Ishan Kansal as cofounder and managing partner. Kansal will be based in Bengaluru, marking the firm's plan for a se...
Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
BharatPe CTO Pankaj Goel steps down amid senior-level executive churn at the fintechPankaj Goel, chief technology officer of BharatPe, resigned citing personal reasons. He joined in July 2023 and is currently serving his no...
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 ...
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 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.
NCLT tells Ashneer Grover to establish maintainability of plea against BharatPeOn Wednesday, the tribunal heard arguments on the quantum of stake Ashneer Grover, who is also the founder of BharatPe, holds in the compan...
Delhi High Court levies Rs 2 lakh fine on Ashneer Grover for violating its May order"I am appalled to see the persistent violation of the court's orders," Justice Rekha Palli said while examining the social media posts by G...
BharatPe files fresh case against Ashneer Grover for divulging confidential informationLast week, Grover had posted on social media platform X (formerly Twitter) about the equity allocation and secondary components undertaken ...
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...
Exclusive | I’ve lost management shares worth Rs 100 crore: Ashneer GroverAshneer Grover said BharatPe had also “defrauded” his wife, former BharatPe controller Madhuri Jain, of her employee stock options.
BharatPe raises Rs 100 cr in debt from MAS FinancialBharatPe has raised over $650 million in equity and debt, till date. Its investors include Tiger Global, Dragoneer Investment Group, Steadf...
BharatPe raises Rs 90 crore in debt funding from Alteria CapitalThis debt funding is part of the Rs 250 crore that BharatPe is looking to raise in this funding round, Alteria Capital says. The company ha...
BharatPe raises Rs 139 cr debt from Alteria Capital, ICICI BankFounded by Ashneer Grover and Shashvat Nakrani in 2018, BharatPe offers merchants a single interface for all UPI apps like Paytm, PhonePe, ...
RBI blocks NBFC plans of Mauritius-funded startupsThe move follows recent geopolitical developments that have spurred tighter scrutiny of Chinese capital coming into local startups via tax ...
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...
BharatPe raises $15.5 million funding from Insight Partners, Sequoia and BeenextUPI is an immediate real-time payment system that helps in instantly transferring the funds between the two bank accounts through a mobile ...