BharatPe Raises INR 150 Cr Debt, Eyes EBITDA Profitability In FY25

BharatPe, a leading fintech company, raised INR 150 crore through debt financing as part of its strategic plan to achieve EBITDA profitability by FY25. The company has been working on stabilizing its financial position, focusing on enhancing revenue streams and reducing operational costs. This funding will support BharatPe’s expansion and product offerings, including its digital payments and lending services. With a strong customer base and an established market presence, BharatPe aims to capitalize on its fintech ecosystem to drive growth. The company’s focus on profitability, after earlier rounds of heavy investments, signals a shift towards long-term sustainability.