Financial services platform BharatPe has announced that Amit Jain has been appointed as Chief Risk Officer. In this role, he will work along with Group President Suhail Sameer and Co-Founder and CEO of BharatPe – Ashneer Grover. “Jain has over 17 years of experience in portfolio and credit risk management across consumer and SME lending…
BharatPe, India’s financial services company for merchants, has announced that it has raised US$ 108 mn in Series D equity round, at a valuation of US$ 900 mn. The company further shared that it has raised US$ 90 mn in primary fund raise and also ensured secondary exit for its angel investors and employees for…
BharatPe, a financial services company for merchants, has raised US$ 108 mn in Series D equity round, at a valuation of US$ 900 mn. The company further shared that it has raised US$ 90 mn in primary fund raise and also ensured secondary exit for its angel investors and employees for a total amount of…
Fintech startup BharatPe has appointed Gautam Kaushik as its second Group President. Gautam will work with Ashneer Grover, Co-Founder and CEO of BharatPe, and lead payments and banking partnerships. Prior to this role, Kaushik was the CEO and MD of PAYBACK India where he led the largest customer loyalty programme in the country. “It is…
Fintech startup BharatPe has raised Rs 139 crore debt from Alteria Capital and ICICI Bank. The firm plans to use the funds raised to strengthen its business. Ashneer Grover, co-founder and CEO, BharatPe, said to PTI, “Rs 90 crore in debt came from Alteria Capital, while the remaining Rs 49 crore was from ICICI Bank.”…
Fintech startup BharatPe has announced the appointment of Sumeet Singh as General Counsel and Head – Corporate Strategy. In his new role, Singh will be responsible for corporate strategy, compliance, licensing, equity and debt deals, ESOP schemes, cap table management and preparation for eventual listing. The appointment will further bolster the leadership team at BharatPe,…
Fintech startup BharatPe recently announced that it has raised Rs 60 crore in debt financing from Innoven Capital. The startup plans to raise $150-200 million equity, around $500 million debt in new fundraising round in the course of two years to support its lending business. Suhail Sameer, Group President of BharatPe, commented, “As we build…
BharatPe, the digital payments platform has announced the appointment of Kewal Handa as an Independent Director, according to ET report. Prior to this, Handa was associated with Union Bank of India and Pfizer. Handa has served as Chairman of Union Bank of India and Managing Director of Pfizer. He has also been Independent Director at…
BharatPe, the digital payments platform has announced that Dhruv Bahl has been elevated to the role of Chief Operating Officer (COO) with immediate effect, said a statement issued by the company. In his new role as COO, Bahl will leadi operations across customer support, deployments – QR, Swipe & Cards, KYC, loan disbursals and lead…
BharatPe, a UPI payments and digital lending platform, announced that it has appointed Ankur Jain as Chief Product Officer. In his new role, Ankur will contribute to BharatPe’s plans to scale up its footprint to 10 million merchants this year. Ankur becomes the fifth CXO at BharatPe. He will be joining Vijay Agarwal (CTO), Nishit Sharma…
Vijay Shekhar Sharma, Founder, and CEO of Indian digital payment giant PayTM recently announced that his company expects to turn profitable after two years as it is monetizing the existing customer base and eyes financial services as its next major frontier for growth. As per an interview with The Press Trust of India, Sharma said…
Fintech startupBharatPe recently announced that it has raised $75mn in Series C funding round led by hedge fund Coatue Management and Palo Alto-based fintech investor Ribbit Capital. The latest funding rose BharatPe’s valuation to $425mn. Existing investor Steadview Capital and Insight Partners also participated in the funding round along with new investor Amplo, a US-based…
BharatPe, a UPI payments system, has appointed Dhruv Bahl as its ‘Head of Operations’. He will be responsible for overall operations across merchant acquisitions, servicing, payments, lending, and commerce. Dhruv has more than 13 years of experience having worked at Fortis, Bain & Company, PayTM, Airtel Payments Bank and Roadzen. In a statement, Ashneer Grover,…
BharatPe, a UPI payments system, is planning to hire 75 engineers and project managers this year to expand its technology team and will set up a tech-hub in Delhi for the expanded team. The company was founded by Ashneer Grover and Shashvat Nakrani in 2018. In a statement, the fintech player said, “BharatPe is coming…