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CosmicTaco

BharatPe Secures INR 150 Cr Debt, Targets FY25 Profit

  • BharatPe raises INR 150 Cr in debt funding from Neo Wealth and Trifecta Capital.
  • Company aims for EBITDA profitability by FY25 and plans to apply for an offline payment aggregator license.
  • Initiatives include launching mutual funds, insurance, and getting ready for IPO within 18-24 months.

Source: Inc42

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by BouncyPretzelProduct Owner

BharatPe Fundraise?

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 fint...