Debt financing
BharatPe raises $10-M from Trifecta, InnoVen
Delhi-based fintech firm BharatPe has raised INR 85 crore (around USD 10 million) through non-convertible debentures led by Trifecta Capital (INR 50 crore) and Innoven Capital (INR 35 crore). The company is to issue 500 Series E1 debentures at INR 10,00,000 each and 3,500 Series F1 debentures at INR 1,00,00 each.
Between Nov 2018 and Aug 2021, BharatPe had raised over USD 802 M from Peak XV Partners, Tiger Global, Insight Venture Partners, Dragoneer Investment Group, Ribbit Capital, Coatue Management, Steadfast Capital, Amplo and others.
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