What’s going on with bharatpe? I’m hearing news about layoffs.

Are they doing good ? Doing bad ? Don't remember any layoff news also

Their consumer lending app has been pretty much shut for a while and tough competition fused with frequent management diktats seems to indicate that this might be true.

Is this true? Their consumer lending app has been pretty much shut for a while and tough competition fused with frequent management diktats seems to indicate that this might be true.

Anyone knows what's happening there anymore? Somehow never heard a layoff, business impacts, etc. etc.

Heard from people I know at Bain that they are laying off. This is mostly the first time an MBB is doing layoffs (earlier they would silently fire, or delay onboarding) A friend got impacted. Seems like this could be 10-15% of their consultants. Unprecedented.

I’ve heard some worrying rumours from Indo-based folks about possibility of layoffs in upcoming weeks/months. Does anybody know what’s going to happen or have an inside scoop?

ET just published a story on BharatPe raising $100M soon (or at least beginning the process to). I’ve heard business is growing well despite exits. How do you feel? Do you think the company is going to come good and stabilize as a fintech leader?

Got to hear Shell Bangalore fired employees in their all-hands meeting today. No details of severance yet. Impacted roles - Data-science, backend developers, etc