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Bharatpe's Valuation Crosses $2.85 Bn In $370 Mn In Series E Equity Round | Business Standard News

by business-standard.com posted 1month ago 14 views
The funding would help the firm compete and take on players such Pine Labs, Paytm and Mswipe. : BharatPe, the leading financial services company for merchants, said on Wednesday that it has raised $370 million in a Series E equity round, at a post-money valuation of $2.85 billion. The primary component of the round is $350 million and the secondary component is of $20 million. All employees holding vested employee stock ownership plan (ESOPs) have been given full liquidity in the secondary component. The funding makes Delhi-based BharatPe the latest entrant to the coveted unicorn club.

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