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BharatPe Witnessses Net Loss of Rs 941 Crore in FY23 Compared to Rs 834 Crore in FY22: Report

Fintech major BharatPe’s net loss widened to Rs 941 crore during FY23, compared with Rs 834 crore in the previous fiscal. “We excluded the loss worth 4,782 crore in FY22 which it incurred due to change in fair value of compulsory convertible preference shares,” according to an Entrackr report, citing BharatPe’s annualised financial statement shared with shareholders. BharatPe Witnessses Net Loss of Rs 941 Crore in FY23 Compared to Rs 834 Crore in FY22: Report. ....

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BharatPe Achieves 20 Bn In Annualised Payments TPV

The company’s annualised TPV has risen from USD 18.5 billion in June end to USD 20 billion currently, , BharatPe, TPV, UPI ....

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