#Shashvat nakrani

[indianpeopletimes]

https://theinfluencerz.com/how-to-research-and-compare-footwear-brands-in-india/

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[johnthejacobs]

BharatPe Share Price Riding High on the Terrain

Introduction BharatPe, a rapidly growing fintech company in India, has been making waves in the financial market. Known for its innovative solutions and robust business model, BharatPe has significantly impacted the digital payments landscape in India. This article explores the factors contributing to the upward trajectory of BharatPe Share Price, the company's historical context, technological advancements, expansion strategies, regulatory impacts, and future prospects.

Historical Context and Establishment Founded in 2018 by Ashneer Grover and Shashvat Nakrani, BharatPe aimed to simplify digital payments for merchants in India. The company introduced a unique QR code-based payment solution that allowed merchants to accept payments from multiple UPI apps through a single interface. This innovative approach quickly gained traction among small and medium-sized enterprises (SMEs), establishing BharatPe as a key player in the digital payments ecosystem.

The Rise of BharatPe: Revolutionizing Digital Payments BharatPe's rise to prominence can be attributed to its focus on providing seamless and efficient payment solutions to merchants. By addressing the pain points of traditional payment systems, BharatPe offered a hassle-free and cost-effective alternative. The company's commitment to transparency, low transaction fees, and excellent customer support helped it gain the trust of thousands of merchants across India. This early success laid the foundation for the rise in BharatPe Share Price.

Technological Innovations and Product Offerings One of the key drivers of BharatPe's success has been its continuous focus on technological innovations. The company has consistently upgraded its platform and introduced new products and services to meet the evolving needs of its clients. BharatPe's flagship product, the BharatPe QR code, allows merchants to accept payments from any UPI app, thereby enhancing the payment experience for both merchants and customers. Additionally, BharatPe has expanded its product portfolio to include lending services, POS machines, and investment products. These technological advancements have been instrumental in driving the rise in BharatPe Share Price.

Expansion into New Markets and Services BharatPe has strategically expanded its offerings to cater to a broader range of customers. The company now provides lending services to merchants, allowing them to access working capital loans with minimal documentation and quick disbursal. BharatPe's entry into the lending space has been particularly successful, with its innovative approach to underwriting and credit assessment. This diversification strategy has enabled BharatPe to tap into new revenue streams and reduce its dependency on payment processing services, contributing to the rise in its share price.

Regulatory Reforms and Market Environment The regulatory reforms and favorable market environment have also played a significant role in the upward trajectory of BharatPe. The Reserve Bank of India (RBI) has implemented several measures to enhance market transparency and protect investor interests. These reforms have created a conducive environment for fintech companies like BharatPe to thrive. Furthermore, the overall growth of the Indian digital payments market and increasing adoption of UPI have positively impacted BharatPe's business, leading to a rise in its share price.

Financial Performance and Profitability BharatPe's strong financial performance and profitability have been significant factors in the upward movement of its share price. The company's low-cost business model and focus on operational efficiency have resulted in healthy profit margins. BharatPe has consistently reported robust financial results, with steady growth in revenues and profits. This strong financial performance has instilled confidence among investors and contributed to the rise in BharatPe Share Price.

Competitive Advantages and Market Position BharatPe's competitive advantages and market position have also played a crucial role in driving its share price upwards. The company's innovative business model, technological prowess, and customer-centric approach have set it apart from its competitors. BharatPe's ability to attract and retain a large customer base has solidified its position as a market leader in the fintech industry. This strong market position has been a key factor in the rising share price of BharatPe.

BharatPe IPO and Pre-IPO Shares The anticipation of a BharatPe IPO has been a significant factor in the market, contributing to the excitement and speculation surrounding the company's future. The BharatPe Pre-IPO shares have garnered considerable interest among investors looking to capitalize on the company's growth potential before the official public offering. The interest in BharatPe Unlisted Shares reflects the confidence investors have in the company's continued success and the potential impact of the BharatPe Upcoming IPO.

Future Prospects and Growth Opportunities Looking ahead, the future prospects for BharatPe's share price remain positive, with several growth opportunities on the horizon. The increasing digitization of financial services and the growing popularity of digital payment platforms present significant growth potential for BharatPe. The company is well-positioned to capitalize on these trends and expand its market share further. Additionally, BharatPe's focus on innovation and customer-centric approach will continue to drive its growth and enhance its share price.

Challenges and Risks While the future looks promising for BharatPe, there are certain challenges and risks that could impact its share price. The fintech industry is highly competitive, with new players entering the market regularly. BharatPe will need to continue innovating and differentiating itself to maintain its competitive edge. Regulatory changes and market volatility could also pose risks to BharatPe's business. However, the company's strong fundamentals and strategic initiatives should help mitigate these challenges and sustain its upward trajectory.

Conclusion The rise in BharatPe's share price is a testament to the company's innovative business model, technological advancements, and customer-centric approach. BharatPe has successfully disrupted the traditional payment systems and established itself as a market leader. The company's strong financial performance, competitive advantages, and favorable market environment have all contributed to the upward movement of its share price. As BharatPe continues to expand its offerings and capitalize on growth opportunities, the future looks bright for the company and its investors. The journey of BharatPe's share price advancing upwards is a compelling story of innovation, growth, and success in the Indian fintech sector. The potential for a BharatPe IPO, along with the interest in BharatPe Pre-IPO shares and BharatPe Unlisted Shares, underscores the confidence in the company's future. The anticipation surrounding the BharatPe Upcoming IPO is expected to further fuel interest and investment in the company.

[ramakantthinks]

Unveiling The Financial Fortresses: Top 8 Fintech Marvels In India

Architects are known for designing strong, resilient structures. When it comes to finances, it's not bricks and mortar but the digital foundations that matter. In India's financial landscape, Fintech companies play the role of architects, reshaping and fortifying the monetary structures. Let's delve into the top 10 Fintech marvels in the country, each contributing to the evolution of our financial ecosystem.

1. Paytm

At the forefront of India's digital payment revolution is Paytm. This Fintech giant started as a mobile wallet, simplifying payments for millions. From mobile recharges to bill payments, Paytm has evolved into a comprehensive financial services platform, offering everything from mutual funds to insurance. The brainchild of Vijay Shekhar Sharma, Paytm has undeniably redefined how we transact in the digital age.

Also Read: Importance Of Transparency And Customer Trust In Digital Lending

2. PhonePe

Imagine a world where transferring money is as simple as a text message. Enter PhonePe, an app that has revolutionized peer-to-peer transactions. Founded by Sameer Nigam, this Fintech player boasts a user-friendly interface and seamless integration with various services. PhonePe's rise is a testament to the growing demand for frictionless, digital transactions.

3. Razorpay

In the grand scheme of online commerce, Razorpay stands tall. Co-founded by Harshil Mathur and Shashank Kumar, this Fintech gem specializes in providing payment solutions for businesses. Whether you're a budding entrepreneur or an established e-commerce giant, Razorpay's suite of services ensures smooth transactions and a secure online payment experience.

4. PolicyBazaar

When it comes to insurance, the landscape can be bewildering. Enter PolicyBazaar, founded by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar. This Fintech disruptor simplifies the insurance-buying process, allowing users to compare policies and make informed decisions. In a world where uncertainties loom, PolicyBazaar stands as a beacon of clarity in the insurance realm.

5. MobiKwik

In the bustling world of digital wallets, MobiKwik has carved its niche. Founded by Bipin Preet Singh and Upasana Taku, MobiKwik is more than just a payment app; it's a financial companion. From mobile recharge to utility bill payments, MobiKwik's user-friendly interface has made it a go-to platform for digital transactions.

Also Read: Combating Financial Fraud: Innovations in Banking and NBFCs

6. Zerodha

Architects don't shy away from challenges, and neither does Zerodha in the stock trading arena. Founded by Nithin Kamath, Zerodha is a pioneer in discount broking, making stock trading accessible to the masses. With innovative tools and a transparent fee structure, Zerodha empowers individuals to take control of their investments.

7. Upstox

In the realm of investments, Upstox has emerged as a game-changer. Founded by Ravi Kumar, Raghu Kumar, and Shrinivas Viswanath, Upstox provides a user-friendly platform for trading in stocks, commodities, and currencies. With a focus on technology and simplicity, Upstox has democratized investment opportunities for every aspiring investor.

8. BharatPe

For businesses, the financial landscape can be intricate. BharatPe, founded by Ashneer Grover and Shashvat Nakrani, is on a mission to simplify business transactions. This Fintech player offers a range of services, from QR code-based payments to loans, making it a valuable ally for small and medium enterprises navigating the digital economy.

Also Read: How to Recognize the Optimal Lender for Your Loan Application

Conclusion

Just as architects envision and construct enduring structures, these Fintech companies are architects of the financial future. From digital wallets to investment platforms, they have reshaped how we perceive and engage with money. As Raghuram Rajan once said, "The world is not short of money, but it is short of the kind of financial system that can help people manage their daily lives." These Fintech marvels are filling that void, shaping a robust and inclusive financial ecosystem for every Indian.

[digiblogs]

Top B2B Fintech Companies in India that grew rapidly in 2023

Due to the proliferation of payment startups in the modern era, B2B transactions have improved in terms of convenience and security. Some of the most well-known B2B payment startups in India are the ones listed below:

1: BharatPe- A single BharatPe QR code may be used by small to midsize business owners to accept payments across all UPI applications, according to BharatPe, a B2B fintech provider. The startup also provides loans to business owners and praised by many entrepreneurs like Siddharth Mehta IL&FS, former director. Bhavik Koladiya, Ashneer Grover, and Shashvat Nakrani launched it in 2018, and its main office is in New Delhi. Recently, BharatPe collaborated with NBFCs on a project named the "12% Club". Through this program, consumers will have the opportunity to invest in BharatPe and earn interest rates of up to 12% without being subject to any lock-in periods. Additionally, consumers are able to borrow money at a 12% interest rate.

2: Emkash- EnKash is a platform for managing B2B payments and providing financial support. With the help of this program, a business may monitor its cash flow, invoices, and—most importantly—track payments from customers or suppliers. It facilitates easy connections between businesses, corporations, and credit providers. Hemant Vishnoi established the business in 2016. The SBM EnKash RuPay business card, the most comprehensive business credit card ever, will be released in 2020 thanks to a collaboration between SBM Bank, YAP, RuPay, and EnKash.

3: Airpay- Another well-known B2B payment company from India, Airpay, makes it simple for retailers and eCommerce businesses to accept contactless payments. Amit Kapoor, Kunal Jhunjhunwala, and Rohan Deshpande established Airpay in 2012. The business's main office is in Mumbai. As per Siddharth Mehta Bay Capital CIO says, the payment platform offers features including open banking, financial services, contactless payments, mobile POS, net banking, digital payments, and financial inclusion.

[fintechworld]

Top FinTech in India

In the last 33 years, digital payments in India have seen substantial growth during the financial year 2023-24. This year has fueled the growth of companies providing digital payment services. Some of the top fintech companies in India are as follows-

1. AeronPay

2. Paytm

3. GooglePay

4. BharatPe

5. Mobikwik

6. Freecharge

7. Amazon Pay

AERONPAY:

AeronPay is an Indian fintech company, founded in 2018 by Bhavesh Soni. It provides UPI payments, full-stack payments, and financial solutions to consumers.

The company offers 50+ services, has on-boarded 3.5k+ merchants/distributors and 850k+ customers, and has a mobile wallet application that has been downloaded 180K+ times on the Google Play store.

GOOGLE-PAY:

Google Pay (stylized as G Pay; formerly Android Pay) is a digital wallet platform and online payment system developed by Google to power in-app, online, and in-person contactless purchases on mobile devices, enabling users to make payments with Android phones, tablets, or watches.

MOBIKWIK:

MobiKwik is an Indian payment service provider founded in 2009 that provides a mobile phone-based payment system and digital wallet.

BHARATPAY:

BharatPe was co-founded by Ashneer Grover and Shashvat Nakrani in 2018 to make financial inclusion a reality for Indian merchants.

PAYTM:

Paytm is India's leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants, and online platforms.

FREECHARGE:

Freecharge is an Indian financial services company based in Gurugram. It allows users to pay bills such as electricity, gas, and telephone, as well as recharge mobile, broadband, DTH, and metro cards.

AMAZON PAY:

Amazon Pay is an online payment service that makes checkout on your site fast and secure for hundreds of millions of Amazon customers around the world.

[news24fr]

Le directeur général de BharatPe, Suhail Sameer, qui a eu des retombées avec le co-fondateur évincé Ashneer Grover, a démissionné de son poste lundi. Maintenant, réagissant à la même chose, Ashneer Grover s'est rendu sur Twitter mardi pour frapper l'entreprise, mais cette fois avec un poème. M. Grover a critiqué le fondateur de l'entreprise, Shashvat Nakrani, et lui a demandé "de se lever et de s'occuper de l'entreprise". "Poème pour début 2023 : 'Chala gaya Suhail Sameer - c'était un nalla ! Shashvat - pourquoi ne pas te lever et sambhalo le galla ?!' Pour mes amis anglophones : 1) Nalla (Nalayak) est incompétente / incapable et 2) Galla est / dirige les affaires », a déclaré le co-fondateur évincé de BharatPe. Jetez un oeil ci-dessous: Poème pour début 2023 : 'Chala gaya Suhail Sameer - c'était un nalla ! Shashvat - pourquoi ne vous levez-vous pas et sambhalo le galla ?!' Pour mes amis anglophones : 1) Nalla (Nalayak) est incompétent/incapable et 2) Galla est responsable des affaires. – Ashneer Grover (@Ashneer_Grover) 3 janvier 2023 Le tweet de M. Grover a recueilli plus de 3 300 likes et plus de 170 000 vues en quelques heures seulement. Pendant ce temps, BharatPe a nommé l'actuel directeur financier (CFO) Nalin Negi au poste de PDG par intérim de la société jusqu'à ce que son conseil d'administration trouve un remplaçant pour Suhail Sameer, qui a démissionné de ses fonctions. Dans un communiqué, la société a déclaré que M. Sameer passerait de PDG à conseiller stratégique à compter du 7 janvier. Lire aussi | Un moine et une nonne au Royaume-Uni tombent amoureux et abandonnent la vie monastique pour se marier "Ce (nouveau rôle pour Sameer) assurera une transition en douceur pour l'actuel directeur financier, Nalin Negi, qui a été nommé PDG par intérim pour s'associer aux cadres supérieurs afin de renforcer l'exécution dans toutes les phases des activités de l'entreprise", a ajouté la société. BharatPe a également déclaré que son conseil d'administration avait retenu les services d'un cabinet de recherche de cadres de premier plan pour aider à la planification de la relève et à la recherche critique de PDG. Notamment, Suhail Sameer a été embauché par M. Grover qui a été évincé de l'entreprise avec son épouse Madhuri Jain en mars de l'année dernière pour fraude et autres irrégularités.

[salmankhanholics]

★ COOL…Salman Khan with Shashvat Nakrani, Co founder of BharatPe and Team ( June 7,2019)! 

[shlipayadavblog]

BharatPe removes Ashneer Grover's profile from website

Fintech platform BharatPe on Thursday removed Ashneer Grover's profile and photo from its website after the company accused him, along with his wife Madhuri Jain, of allegedly engaged in extensive misappropriation of company funds and grossly abusing company money to fund their lavish lifestyles.

The About Us page on the website now carries the names of Shashvat Nakrani, Co-Founder, Suhail Sameer, Chief Executive Officer, Bhavik Koladiya, another Co-founder and Nishit Sharma, Chief Revenue Officer, along with other senior executives.

However, Grover's LinkedIn page still shows him as a co-founder and Managing Director of BharatPe.

Along with BharatPe, Unity Small Finance Bank, which is a joint venture between BharatPe and the Centrum Group, has also removed his profile from its portal.

Grover on Tuesday midnight quit BharatPe in a dramatic fashion, amid serious allegations of financial wrongdoings against him and his wife.

"As a result of his misdeeds, (Ashneer) Grover is no longer an employee, a founder, or a director of the company," the company said in a statement on Wednesday.

[themanasranjan]

Success story meet shashvat nakrani co founder of bharatpe payment app samp

Success story meet shashvat nakrani co founder of bharatpe payment app samp

नई दिल्ली. अगर सच्ची लगन से मेहनत की जाए तो आसमान की बुलंदियों को छूने से कोई नहीं रोक सकता. ये तो अक्सर सभी ने सुना होगा और कई लोग ऐसे हैं जिन्होंने इसे सच भी कर दिखाया है. लेकिन महज 23 साल की उम्र में अगर कोई ये कारनामा कर दिखाए तो यकीन करना थोड़ा मुश्किल हो जाता है. शाश्वत नकरानी (Shashvat Nakrani) वो शख्सियत है जिन्होंने साबित कर दिया कि मेहनत हमेशा रंग लाती है. आईआईएफएल वेल्थ हुरून इंडिया रिच…

[indiaprdistribution1]

Retail Chain Bazar India raises Rs 25 crores in Series-A funding

Bazar India, one of the leading retail brands and India's fastest growing fashion and lifestyle company has raised Rs25 crore in Series A funding on Planify Capital Platform.

Bazar India will utilise the fund for expanding its team, marketing and branding, funding expansion plans and platform advancement.

The company has raised the current round led by Shashvat Nakrani, co-founder of Bharatpe, Sanjiv Maini, VP at Hindware group; Bhumika Srivastava, HR Director at Airbnb and other executives.

Bazar India has a PAN India presence with 55 stores in 51 cities and 13 states, providing a content-led lifestyle retail experience to its customers. Its retail chain offers a wide range of apparel and general merchandise at competitive prices and in the latest fashion, making it a popular destination for "under-served" India. Bazar India motto "Fashion ke saath bachat bhi" can be truly identified from their range and the value of product portfolio they maintain all across their stores.

Bazar India operates as "One Stop Shop", caters to the complete fashion needs of the entire family at most affordable prices. Furthermore, the company has a strong presence in Northeast India, making it the top brand in the value segment. The company has a strong base of more than 4,500 employees.

The management of the company believes that the organisation has strength to spread its wings across India with a capacity to escalate its chain upto 1000 stores in the next year, and the company plans to increase its value-added by launching new products along with its own brand, which will create employment opportunities for many people. The company earned a net profit after tax of Rs 1.8 Cr with a revenue of Rs 180 Cr during FY21 despite facing COVID-19 lockdown and restrictions. The company is valued at 750 crores at the moment.

Atul Garg, CEO of Bazar India, stated, "The funds raised will be used for the company's expansionary purposes as the company plans to open 20 more stores in states such as Uttar Pradesh, Bihar, Jharkhand, Orissa, and also in South India.The Company is expected to reach a top line of Rs1000 Cr with a PAT of Rs70 Cr in the next 5 coming years. "

Rajesh Singla, CEO of Planify Capital, said, " Bazar India is poised to be one of the most prominent players in the retail segment in North East India. Early investors will have a great opportunity to make excellent returns on their investments."

Planify is a fintech startup that focuses on building India's first marketplace for private equity. Planify offers stocks that are not yet listed to investors (Angel, Accredited Investors, VC, AIF, and PE Funds) so that the exchange of hands can become easy in unlisted companies.

It aims to solve problems of the availability of IPO stocks to investors with its flagship product, Private Boutique. Startups and private companies can raise funds on their platform.

[indianpeopletimes]

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[taskmo]

BW Disrupt Unveils 30 Under 30 Super Intra-Entrepreneurs

In line with its objective to highlight change agents in the Indian start-up, entrepreneurs and intrapreneurs community, BW Businessworld's publication BW Disrupt embarked on its inaugural under-30 list. The 'BW Disrupt 30 Under 30', a jury-led initiative, celebrates a community of innovative and influential young leaders who are changing the course of businesses.

The two-phased judging process was preceded by an outreach to over 1000+ young achievers. More than 150 nominations were received, of which 75 were shortlisted following an initial screening. These were presented to a jury board that was chaired by Manu Jain, Global Vice President, Xiaomi & Managing Director, Mi India and Co-Chaired by angel investor and business strategist, Lloyd Mathias.

More than 60 nominees presented virtually to the jury, which then led to a list of 30 top achievers who were awarded in a ceremony on July 3, 2021.

The winning list included seven intrapreneurs and 23 entrepreneurs. While tech-led products and services did have an edge, sectors such as finance, healthcare, education, and the likes that had stood out during the crisis year also featured among the winners. Young women leaders comprised almost 27 per cent of the young achievers.

BW DISRUPT 30 Under 30 Winners 2021

Aalesh Avlani

Co-Founder, Credit Wise Capital

Anika Tanwar

Vice President Business, Bobble AI

Anjana Sastri

Director Marketing, Sterling Developers

Anuj Rajain

Founder & CEO, Soteria Command Center

Arnav Mutneja

Director, XOR Technologies LLP

Ayushi Mona

Manager, Novartis

Bala Sarda

Founder & CEO, VAHDAM India

Divij Bajaj

Founder & CEO, Power Gummies (Aesthetic Nutrition)

Gautam Raj Anand

Managing Director, Hubhopper

Girish Ananthanarayanan

COO & Program Director, Peepul

Kush Taneja

Founder & CEO, FamPay

Mukul Rustagi

Co-Founder & CEO, Classplus

Neetish Sarda

Founder, Smartworks Coworking Spaces

Nikhil Saraf

Co-Founder & COO, Stones2Milestones

Nishtha Yogesh

CEO, Hunar Online Courses

Nitasha Seth

Marketing Manager, Netflix

Prashant Janadri

Founder, Taskmo

Rahul Gupta

Founder & CEO, Singularity AI Labs

Ramya Ramachandran

Founder & CEO, Whoppl

Rohan Nayak

Co-Founder & CEO, Poket FM

Rohit Shah

CEO, Hemp Horizons

Sakshi Bakshi

CEO, Nucros Science & Taste

Sambhav Jain

Founder & CEO, FamPay

Sarvesh Shashi

Founder, SARVA

Shashvat Nakrani

Co-Founder, BharatPe

Shivam Singla

Founder & CEO, Leegality

Siddharth Maheshwari

Co-Founder, Newton School

Sreekar Sannapareddy

Founder & CEO, Gradvine Advisors

Varda Taneja

Senior Assistant Vice President, Invest India

Vinayak Shrivastav

Co-Founder & CEO, Toch

Yashas Khoday

CTO, FYERS Securities

In addition to the Jury Chair and Co-Chair, the jury panel comprised leading industry names such as Anshul Singhal, Managing Director, Welspun One; Aman Gupta, Co-Founder & CMO, boat; Gurpreet Singh, COO & Co-Founder - One Digital Entertainment; Rammohan Sundaram, Country Head & Managing Partner, Integrated Media, DDB Mudra; Neelesh Misra, Audio Storyteller & Founder, Slow; Samyak Chakrabarty, Founder & Managing Director, X Billion Skills Lab; Vivan Sharan, Partner, Koan Advisory; Ruchira Chaudhary, Author, Leadership Coach & Founder, TrueNorth Consulting; Chef Anahita N. Dhondy; Vinay Dixit, Regional Business Director, Abbott; Miniya Chatterji, Founder & CEO, Sustain Labs Paris; Salil Kappoor - Business Unit Head - Appliances - Orient Electric and Siddharth Batra - Independent Counsel Practise & Partner - Satram Dass & Co.

The BW Disrupt 30 Under 30 is planned as annual initiative, organised by the BW Businessworld Group, under the aegis of its community platform dedicated to the startup and affiliated ecosystem in India - BW Disrupt

This Content is originally published at DailyHunt.

[moneycafe]

Cloud-garage startup Fixcraft raises $1 million in pre-series A round

Cloud-garage startup Fixcraft raises $1 million in pre-series A round

Fixcraft, a cloud-garage car servicing startup, has raised $1 million in Pre Series A round in equity led by marquee angel investor and debt led by Ubiquity Capital. The round saw participation from noted Founders from the Indian startup ecosystem Amit Lakhotia (CE0, Park Plus), Dhruv Dhanraj Bahl (COO, BharatPe), Shashvat Nakrani (Co-founder, BharatPe), Rohit Kapoor (CEO, Oyo India and SEA)…

[sanjeevarao]

BharatPe raises ₹139 cr debt from Alteria Capital, ICICI Financial institution

BharatPe raises ₹139 cr debt from Alteria Capital, ICICI Financial institution

Fintech firm BharatPe on Sunday stated it has raised ₹139 crore (about USD 20 million) in debt from enterprise debt agency Alteria Capital and ICICI Financial institution that can be used to strengthen its lending enterprise and supply credit score to retailers. Based by Ashneer Grover and Shashvat Nakrani in 2018, BharatPe gives retailers a single interface for all UPI apps like Paytm, PhonePe,…

[newsmatters]

BharatPe raises Rs 139 cr debt from Alteria Capital, ICICI Bank - Times of India

BharatPe raises Rs 139 cr debt from Alteria Capital, ICICI Bank – Times of India

NEW DELHI: Fintech company BharatPe on Sunday said it has raised Rs 139 crore (about USD 20 million) in debt from venture debt firm Alteria Capital and ICICI Bank that will be used to strengthen its lending business and provide credit to merchants. Founded by Ashneer Grover and Shashvat Nakrani in 2018, BharatPe offers merchants a single interface for all UPI apps like Paytm, PhonePe, Google Pay,…