BharatPe secures Rs 200 Cr in debt from ICICI, Alteria and Innoven
Shortpedia
Content Team
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Merchant focused QR code-based payments firm BharatPe has secured Rs 200 crore in debt from ICICI Bank, Alteria Capital and Innoven Capital. The debt infusion has come at a time when the company put a joint bid with Centrum Group to acquire the scam-hit lender Punjab and Maharashtra Cooperative Bank. Alteria and ICICI have loaned Rs 90 crore and Rs 49 crore respectively in the New Delhi-based firm, regulatory filings show.
