News > BharatPe raises Rs 139 cr debt from Alteria Capital, ICICI Bank

BharatPe raises Rs 139 cr debt from Alteria Capital, ICICI Bank

Evening Standard | 17/01/2021 07:14 PM | Click to read full article

Fintech company BharatPe on Sunday said it has raised Rs 139 crore (about USD 20 million) in debt from venture debt firm Alteria Capital and ICICI Bank that will be used to strengthen its lending business and provide credit to merchants.

Founded by Ashneer Grover and Shashvat Nakrani in 2018, BharatPe offers merchants a single interface for all UPI apps like Paytm, PhonePe, Google Pay, BHIM, Mobikwik, Freecharge and others. It also facilitates loan facility for its merchant partners.

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