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BharatPe raises Rs 200 crores in debt from IIFL Wealth and Northern Arc

BharatPe raises Rs 200 crores in debt from IIFL Wealth and Northern Arc
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Pranob guptaNishit sharmaSuhail sameerAxis bankNorthern arckolkataParc capitalInnoven capitalTrifecta capitalNorthern arc capitalChief executive officerAsset managementNorthern arcChief revenue officerBama balakrishnanசுஹைல் அதேஅச்சு வங்கி

[Funding alert] BharatPe raises Rs 50 Cr in debt from Northern Arc

[Funding alert] BharatPe raises Rs 50 Cr in debt from Northern Arc
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Saheli sen guptaSuhail sameerAxis bankDevelopment financial institutionsNorthern arc capitalAlteria capitalInnoven capitalTrifecta capitalGroup presidentNorthern arcBama balakrishnanSaheli senசுஹைல் அதேஅச்சு வங்கிவளர்ச்சி நிதி நிறுவனங்கள்வடக்கு வில் மூலதனம்

BharatPe raises Rs 50 crore debt from Northern Arc; sixth debt fund raise in 2021

BharatPe raises Rs 50 crore debt from Northern Arc; sixth debt fund raise in 2021 BharatPe raises Rs 50 crore debt from Northern Arc; sixth debt fund raise in 2021/ Representational Image BharatPe raised Rs 50 crore ($ 7 million) in debt from Northern Arc Capital, a digital debt finance platform that is focused on improving access to finance for under-served businesses and individuals in India. This is the sixth round of debt financing for BharatPe in the year 2021. The company had raised Rs 200 crore ($ 26 million) from three top debt companies in the country - Alteria Capital, InnoVen Capital and Trifecta Capital in January 2021. The company had later raised additional capital from ICICI Bank and Axis Bank.

Suhail sameerAxis bankDevelopment financial institutionsNorthern arc capitalInnoven capitalTrifecta capitalGroup presidentNorthern arcBama balakrishnanசுஹைல் அதேஅச்சு வங்கிவளர்ச்சி நிதி நிறுவனங்கள்வடக்கு வில் மூலதனம்ட்ரிஃபெக்டா மூலதனம்குழு ப்ரெஸிடெஂட்வடக்கு வில்

BharatPe raises Rs 50 cr debt from Northern Arc

BharatPe raises Rs 50 cr debt from Northern Arc By IANS | Published on Mon, May 10 2021 14:03 IST | 6 Views Rupee. (File Photo: IANS). Image Source: IANS News New Delhi, May 10 : Financial services company BharatPe on Monday said it has raised Rs 50 crore in debt from Northern Arc Capital, one of the leading digital debt finance platforms. This is the sixth round of debt financing in 2021, the company said. In January, the company had raised Rs 200 crore from three top debt companies in the country Alteria Capital, InnoVen Capital and Trifecta Capital, having later raised additional capital from ICICI Bank and Axis Bank.

New delhiSuhail sameerAxis bankNorthern arc capitalInnoven capitalTrifecta capitalGroup presidentNorthern arcBama balakrishnanபுதியது டெல்ஹிசுஹைல் அதேஅச்சு வங்கிவடக்கு வில் மூலதனம்ட்ரிஃபெக்டா மூலதனம்குழு ப்ரெஸிடெஂட்வடக்கு வில்

SME lending startup BharatPe raises ₹50 crore in debt from Northern Arc Capital

Northern Arc Capital, one of the leading digital debt finance platforms. This is the sixth round of debt financing in 2021, the company said. In January, the company had raised ₹200 crore from three top debt companies in the country Alteria Capital, InnoVen Capital and ICICI Bank and Advertisement We have considerably ramped up our lending business in the last year and have set an ambitious target of facilitating disbursals to the tune of $1 billion to more than 10 lakh merchants by the end of current fiscal (FY22), said Suhail Sameer, Group President, BharatPe. We are excited about our latest capital raise from Northern Arc and are confident that, together, we will be able to transform Bharat and serve the needs of the underserved businesses in India, he added.

Suhail sameerAxis bankParc capitalSeven capitalGroup presidentNorthern arcBama balakrishnanசுஹைல் அதேஅச்சு வங்கிவில் மூலதனம்வெண் மூலதனம்குழு ப்ரெஸிடெஂட்வடக்கு வில்பாமா பாலகிருஷ்ணன்