Home FinTech BharatPe closes $100 million debt round

BharatPe closes $100 million debt round

The startup’s new debt round comes after a gap of more than two years

by The Founder
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BharatPe has reportedly closed its $100 million debt round led by InnoVen Capital in the range of $60-$70 million. The startup’s new debt round comes after a gap of more than two years.

The fintech major’s NBFC arm Trillion Loans has also raised a separate debt round from Credit Saison. In May 2023, BharatPe had acquired a majority 51 per cent stake in Mumbai-based Trillion Loans.

This round comes after BharatPe raised its last equity round in August 2021 when it announced $370 million in Series E round.

Till date, the company has raised over $650 million in equity and debt from the likes of Tiger Global, Dragoneer Investment Group, Steadfast Capital and others.

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