BharatPe Hits Funding Milestone, Trillion Loans on the Rise

Editorial Desk · 2024-01-19T11:42:47+05:30

BharatPe, a prominent fintech company, has successfully closed a substantial $100 million debt funding round. This marks a significant financial milestone for the company, being its first major funding since August 2021. The round saw a major contribution from InnoVen Capital, which is expected to be in the range of $60-70 million.Separately, Trillion Loans, BharatPe's non-banking financial company (NBFC) arm, secured its own debt round from Credit Saison. This strategic move towards debt financing by BharatPe highlights its efforts to avoid equity dilution, indicating its progress towards achieving financial self-sustainability.

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BharatPe Hits Funding Milestone, Trillion Loans on the Rise
Posted by Editorial Desk on January 19, 2024 at 11:42 am
BharatPe, a prominent fintech company, has successfully closed a substantial $100 million debt funding round. This marks a significant financial milestone for the company, being its first major funding since August 2021. The round saw a major contribution from InnoVen Capital, which is expected to be in the range of $60-70 million.
Separately, Trillion Loans, BharatPe’s non-banking financial company (NBFC) arm, secured its own debt round from Credit Saison. This strategic move towards debt financing by BharatPe highlights its efforts to avoid equity dilution, indicating its progress towards achieving financial self-sustainability.

Editorial Desk replied 11 months, 1 week ago 1 Member · 0 Replies
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