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BharatPe raises INR 100 Cr debt funding for its merchant lending platform

Shortpedia

Content Team
Image Credit: Financial express

Fintech unicorn BharatPe has raised INR 100 Cr in debt funding from MAS Financial Services Private Limited, making it the eighth round of funding received by the fintech startup this year. The funding will be utilised to strengthen its merchant lending vertical, which has disbursed $400 Mn in unsecured loans to over 3 lakh merchants.