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BHARATPE LOANS
India's Startup Safari in UK to tap into innovation tie-upsIndian startup leaders are in the UK this week to boost AI and technology partnerships. The Startup Policy Forum's 'UK Startup Safari' aims...- 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...
- 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...
- Insurance companies see a growth path in ecommerce, fintech embedded modelsEmbedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Start...
- 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...
- 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 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...
- BharatPe to offer secured loans to merchant partners; announces partnership with OTO Capital and Volt MoneyThe company has launched facilitation of two-wheeler loans and Loans Against Mutual Funds (LAMF) for its existing merchant partners in the ...
- 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.
- 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 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 back on track after Ashneer Grover controversy, records 112% growth"Post a successful FY22 that we closed with a 3 times growth in merchant loans, 2.5 times growth in payments and a 4 times jump in revenue,...
- BharatPe enters gold loan segment; eyes disbursals of Rs 500 crore this yearFor launching gold loans, BharatPe has partnered with a few NBFCs, and will be offering loans of up to Rs 20 lakh against gold pledge.
- 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 200 crore in debt from IIFL Wealth, Northern ArcEarlier this year, BharatPe had raised over Rs 300 crore from venture debt funds (Alteria Capital, InnoVen Capital and Trifecta Capital), b...
- BharatPe raises Rs 50 crore debt from Northern Arc CapitalBharatPe has set itself an ambitious target of facilitating disbursals of $1 billion to 10 lakh merchants by the end of current fiscal, Gro...
- ICICI, Yes Bank ask BharatPe to stop taking deposits in their namesThe move comes amid heightened scrutiny by the Reserve Bank of India of the burgeoning digital payments ecosystem.
- BharatPe launches two new features in its app to curb need to touch handsets for checking transactionsPaisa Bolega is a button introduced in BharatPe App. This converts the shopkeeper's smartphone into a loud speaker, announcing the value of...
- BharatPe to disburse loans worth Rs 70 crore to small retailersThe company recently conducted an offline pilot for its loan offering and disbursed over 700 loans worth over Rs 2.5 crores.
- 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.
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