BharatPe Looking To Raise INR 500 Cr Debt In The Upcoming Year

BharatPe Looking To Raise INR 500 Cr Debt In The Upcoming Year

SUMMARY

BharatPe is reportedly looking to secure INR 500 Cr in debt through unlisted non-convertible debentures (NCDs)

Although a final decision on the issue price is pending, the company plans to secure the funds in multiple tranches throughout the upcoming year

BharatPe's board sanctioned the fundraising initiative last week

Fintech unicorn BharatPe is looking to secure INR 500 Cr debt through unlisted non-convertible debentures (NCDs).

Although a final decision on the issue price is pending, the company plans to secure the funds in multiple tranches throughout the upcoming year, ET reported.

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