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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BharatPe firmly on profitability track, eyes $100 million round



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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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