Fintech platform BharatPe raised Rs 90 crore in venture debt from Alteria Capital

Fintech platform BharatPe raised Rs 90 crore in venture debt from Alteria Capital
This is one of the largest debt cheques for an Indian startup till date
BharatPe overtook Google Pay to become 3rd largest UPI player in November 2020
Startup aims to raise $700mn debt capital over the next 2 years
BharatPe is known for raising India’s first UPI interoperable QR code
The platform has a user base of over 50 lakh merchants in more than 65 cities
Mumbai based Alteria Capital is India’s largest Venture Debt fund

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