Tech
BharatPe firmly on profitability track, eyes $100 million round
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Dragged into controversies and embroiled in legal tangles, fintech startup BharatPe was almost written off two years ago. It has since managed to flip the script.
The New Delhi-headquartered startup is raking in Rs 8-10 crore per month in profit before tax, according to two people in the know. It is also expected to report a profit before interest, taxes, depreciation and amortisation when it announces the fiscal 2025 results, they said.
This happened over the last two years as revenue grew and the company reined in expenses. BharatPe narrowed its net…
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