Tag: UPI

BharatPe bags Rs 139 crore in debt funding

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.”…

How has UPI transformed the Indian economy ?

After Aadhaar, UPI (Unified Payments Interface) has been the single biggest contributor towards ushering in digitization in India. Launched in 2016, it has by now transformed the economy in innumerable ways… How has such a transformation come about?