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BharatPe turns EBITDA positive in October

Earnings before interest, taxes, depreciation, and amortization (EBITDA) is a measure of core corporate profitability.

Updated: November 28, 2023 20:02 IST

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‘Found it strange…’ – BharatPe founder Ashneer Grover confirms being stopped at Delhi’s IGI Airport

Ashneer Grover and his wife were travelling to New York when the couple was stopped by the immigration officials.

Updated: November 17, 2023 17:49 IST

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Deloitte flags sourcing from inappropriately approved vendors at BharatPe

After devoting a page on the statutory auditors’ report, BharatPe’s annual report in the following section stated that “there were…

June 4, 2023 12:52 IST

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BharatPe acquires controlling stake in SME lender Trillion Loans to boost its merchant lending business

Credit and finance for MSMEs: BharatPe said Ravindra Pandey (former deputy managing director at SBI and advisor to BharatPe board),…

May 2, 2023 17:56 IST

Ashneer Grover launches fantasy cricket platform

The launch of CrickPe comes ahead of the IPL season, slated to begin from March 31.

March 24, 2023 02:55 IST

Video: 30-40% of our merchants monthly active out of around 10M, says BharatPe’s Dhruv Dhanraj Bahl

Credit and finance for MSMEs: Talking to FE Aspire, Dhruv Dhanraj Bahl, responsible for scaling up the merchant lending vertical…

February 5, 2023 19:20 IST

BharatPe gets in-principle nod for payment aggregator licence

The company will operate the platform through its subsidiary Resilient Payments, a statement said.

Updated: January 11, 2023 07:16 IST

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Outgoing BharatPe CEO Suhail Sameer plans VC fund

Sameer quits top role; Nalin Negi named interim CEO

January 4, 2023 05:30 IST

Delhi high court issues summons to ex-BharatPe co-founder Ashneer Grover, wife Madhuri Jain

The suit comes months after they were ousted from the company over allegations of misappropriation of funds.

December 9, 2022 05:50 IST

BharatPe files criminal suit against Ashneer Grover, family

The company filed a criminal complaint against Grover and his family with the Economic Offences Wing (EOW) on 17 counts.

December 8, 2022 17:11 IST

BharatNet project: BSNL puts PPP model in abeyance

The decision to put the plan in abeyance followed the merger of BSNL and Bharat Broadband Network (BBNL) in July…

November 16, 2022 03:00 IST

Former RBI deputy governor, Zomato chairman join BharatPe board

The Gurugram-based company’s board of directors will now consist of two executive directors Shashvat Nakrani and Suhail Sameer (CEO), five…

September 14, 2022 07:10 IST

“Our annualised TPV in payments has reached $20 billion recently, up from $18.5 billion in June end… I am confident that we will witness continued growth and will easily surpass our target of $30 billion in payments by March 2023,” he added.

Fintech platform BharatPe hits $20 billion in annualised TPV

Further, the IPO-bound company said it aims to achieve a TPV of $30 billion by March 2023, also the time…

August 27, 2022 00:45 IST

BharatPe co-founder & tech head Bhavik Koladiya quits firm

“Bhavik Koladiya has been associated with BharatPe as an independent consultant, guiding our product and technology teams. He contract tenure…

August 3, 2022 07:51 IST

We do UPI on-boarding with multiple partners and would ideally like to do a large chunk on Unity Bank because it will enjoy the float of transactions and we benefit.

Digital lending norms won’t hurt out products: Suhail Sameer, CEO, Bharatpe

Not only do all the three need to be profitable, they need to be profitable at a level where they…

July 21, 2022 05:20 IST

The nature of the company was not immediately known.

BharatPe co-founder Ashneer Grover incorporates new company with wife Madhuri Jain

On June 14 – Grover’s birthday – he tweeted that he would be starting a new company. “Time to disrupt…

July 9, 2022 02:45 IST

BharatPe: Rs 3,600 crore loans disbursed to 1.2 lakh merchants in Q1 FY23; TPV hits all-time high

Credit and Finance for MSMEs: BharatPe said its annualised total payment value (TPV) hit an all-time high of $18.5 billion…

July 5, 2022 18:32 IST

“Many vendors involved in malpractices, such as incorrect or inflated invoices, have been blocked from further business with the company... the company has already issued legal notices to these vendors to recover the amount and will be filing civil or criminal cases against them in the coming days,” it said.

Employees and vendors sacked: BharatPe to claw back shares from Ashneer Grover

Further, BharatPe said it was introducing a new vendor procurement policy to mitigate any risk of employees indulging in suspicious…

May 11, 2022 04:30 IST

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