How is bharatpe doing ?

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.

I’m curious to understand if anything has changed substantially in the company after the whole nonsense last year? Like are you having to focus on regulatory and compliance stuff more? Is there a media gag? Are people looking to exit? Tell me.

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?

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

Asking for a friend 😶‍🌫️

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.

People from mid and top management (with fat paycheques) across org laid off on friday & today. About 100-120 people affected. Source: Heard from a friend. + mentioned in the Cross org emails by mukesh