BharatPe
Financial Services
Gurugram, Haryana 290,541 followers
Accept payments from any app & take loans whenever you need!
BharatPe Turns EBITDA Positive in October 2023!
BharatPe turns October into a landmark month, etching our first profit (EBITDA positive!) and clocking ₹1,500 Cr+ annualized revenue. Loans soared 36% YoY to ₹640 Cr, fueled by growth across all verticals. We slashed monthly burn from ₹60 Cr to zero, proving their strategic commitment to sustainable growth. This is just the beginning for BharatPe, paving the way to empower millions of Indian SMBs!
Read MoreTransforming Bharat- Igniting Dreams, Empowering Lives
In the heartbeat of Bharat, where dreams weave the economy's fabric, BharatPe's Transforming Bharat series captures the unsung tales of 75 million merchants. Unscripted and genuine, it's a journey into the lives of those who brave challenges daily. With 1 crore+ empowered in 400+ cities, it's more than a series; it's a symphony of resilience, unfolding dreams, and true transformation. Join us on this extraordinary odyssey, where every frame is a canvas, and every story, a celebration of Bharat.
Transforming BharatBharatPe Partners with Unity Bank for Strategic Innovation
BharatPe is spearheading innovation with Unity Small Finance Bank, co-creating impactful products. Holding a 49% stake, we're eyeing full-year profitability in FY25. Our renewed focus on Unity Bank includes board strengthening and governance enhancement. Nalin Negi, our Interim CEO, emphasizes margin and revenue growth, showcasing our commitment to financial sustainability. October witnessed our first positive EBITDA month. Stay tuned for updates on our journey reshaping the fintech landscape.
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