Fintech platform BharatPe is on a fundraising spree to back its massive expansion strategy and has today closed a $20 million debt investment from Alteria Capital and ICICI Bank.
This comes a week after raising Rs 60 crore in debt from Innoven Capital. BharatPe that has been aggressively building its lending vertical, disbursing loans of Rs 200 crore per month to merchant partners has now set higher targets - it aims to disburse $2 billion in loans by FY23.
To discuss the road ahead for the company, Startup Street spoke to Ashneer Grover, co-founder & CEO of BharatPe.
Also watch Startup Street in conversation with Anurag Jain, president of Digital Lenders Association of India, founder of KredX and Divij Bajaj, founder & CEO of Power Gummies.Watch video for more.