BharatPe Enters Unicorn Club; Raises $370 Mn At $2.85 Bn Valuation
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BharatPe is the fifth fintech startup to achieve unicorn status this year
BharatPe’s valuation almost tripled from $900 Mn in February 2021 to $2.85 Bn
New Delhi-based merchant payments and financial services provider – BharatPe– is the latest entrant to the coveted unicorn club in India, after it bagged $370 Mn in Series E equity round led by Tiger Global at valuation of $2.85 Bn. Dragoneer Investment Group and Steadfast Capital have come on board as new investors, while Coatue Management, Insight Partners, Sequoia Growth, Ribbit Capital, and Amplo added to their earlier investments in BharatPe.
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