BharatPe gets $75 million from Coatue, Ribbit - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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BharatPe gets $75 million from Coatue, Ribbit

BharatPe said one reason for the latest fundraising was to invest around $70 million in equity capital in its NBFC arm Resilient Capital, and leverage that by 3-4 times to raise a pool of around $300 million to service loans for merchants on its platform.

from Small Biz-Economic Times
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