How big is BharatPe to fail?
Going through the updates around founders fighting, do you think BharatPe would fail? Or is it too big to fail?
Not fail, probably get acquired by a big conglomerate. Customer base is large, cross sell opportunities
Is the rumor about their CEO and CRO being asked to step down true? Someone raised this recently in group
But i thought things were pretty tight with Suhail Sameer…what happened?
BigTimpani29
Stealth
2 years ago
Nothing is too big to fail
Nothing is too big to fail. Bharatpe's core business model-lending to dukandaars is shaky and as per a TMC report, it has double digit NPAs. BNPL is an unproven model and in India has potential for huge NPAs. The only good thing is that they have a stake in bank which would be having good value, seperate from the business
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Bharatpe is a $3B write off
The former Managing Director of BharatPe also revealed that the fintech unicorn’s value has been destroyed by its current Chairman Rajnish K...
https://www.businesstoday.in/entrepreneurship/story/bharatpe-is-a-3-bn-write-off-ashneer-grover-blames-chairman-rajnish-kumar-380941-2023-05-11