Monday, December 04, 2023
Outlook India
Outlook Business


The lending section will offer consumer and merchant services like BharatPe Easy Loans and BharatPe Consumer Face Postpe.

In December 2022, BharatPe lodged a criminal complaint against Ashneer Grover, his wife, and her family members, alleging their involvement in a ₹81.28 crore fraud

Jain was responsible for scaling up BharatPe’s merchant base to 10 million in 2020

The company is in talks with a fresh investor, as per media reports

He is likely to set up an early stage investment firm

It will invest in 15 start-ups within two years

Grover took to Twitter to raise his objections against the decision

Prior to joining BharatPe, Pankaj was the head of payments engineering at Razorpay

In his last stint, Sengupta was the managing director and chief executive officer (CEO) of the Indian Overseas Bank (IOB) for nearly 2.5 years

Raising fresh funds from LPs will be challenging for Sequoia India and SEA, now Peak XV Partners, unless it presents strong returns to the $2.85 billion fund it raised last year. This will be tough amidst a funding winter coupled with a brand spinoff that...