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BharatPe to raise funds before IPO, listing not on card this fiscal: CEO Nalin Negi

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BharatPe will raise funds before the initial public offer, but the listing will take place only when market conditions are favourable, a top official of the unicorn fintech firm said.

BharatPe, last week, announced that it had achieved operational profitability after excluding the employee stock ownership plan.

“Whatever goals we set for ourselves, we have gone ahead and achieved them…profitability has to remain intact, and thereafter, once the market conditions are right, we will definitely go for an IPO. There will be a pre-IPO funding round, while…

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