BharatPe Likely to raise $100 million from Coatue


At an expected double valuation of $500 million, BharatPe is in talks with Coatue Management to raise $75-100 million, existing investors Ribbit Capital, Insight Partners & Steadview Capital might also participate


BharatPe helps merchants accept payments from any UPI app for free. The company has started lending working capital in partnership with banks. It has also applied for an NBFC licence to start lending from its own books

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