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BharatPe valuation rises to $2 85 billion after Tiger Global-led funding

BharatPe gets funding at $2.85 bn valuation, appoints Suhail Sameer as CEO SECTIONS Last Updated: Aug 04, 2021, 11:40 AM IST Share Synopsis The fundraising, which pushes BharatPe into the ​unicorn club, gives the fintech startup capital as it takes over distressed lender PMC Bank with Centrum Financial Services to create a small finance bank. ETtech Suhail Sameer, new chief executive officer of BharatPe. Mumbai | Bengaluru: Online payments startup BharatPe said it has raised $350 million in new funding, which has catapulted its post-money valuation to $2.85 billion, as investors line up to back domestic internet businesses. The new financing will help the New Delhi-based company enter the fast growing club of Indian unicorns this year, making it the 19th entrant into the group. Unicorns are privately held companies that are valued at $1 billion or more.

ਹੁਣ ਸੰਕਟ ਚ ਫਸੇ ਬੈਂਕ ਦੇ ਖਾਤਾਧਾਰੀਆਂ ਨੂੰ 90 ਦਿਨਾਂ ਚ ਮਿਲਣਗੇ ਪੰਜ ਲੱਖ ਰੁਪਏ ਤੱਕ, ਮੰਤਰੀ ਮੰਡਲ ਵੱਲੋਂ ਕਾਨੂੰਨ ਚ ਸੋਧ ਪ੍ਰਵਾਨ : The Tribune India

ਹੁਣ ਸੰਕਟ ਚ ਫਸੇ ਬੈਂਕ ਦੇ ਖਾਤਾਧਾਰੀਆਂ ਨੂੰ 90 ਦਿਨਾਂ ਚ ਮਿਲਣਗੇ ਪੰਜ ਲੱਖ ਰੁਪਏ ਤੱਕ, ਮੰਤਰੀ ਮੰਡਲ ਵੱਲੋਂ ਕਾਨੂੰਨ ਚ ਸੋਧ ਪ੍ਰਵਾਨ : The Tribune India
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