Coatue led a $108m Series D funding round in BharatPe.

Coatue led a $108m Series D funding round in BharatPe, a financial services company for merchants, valuing the company at $900m. The round was joined by Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo and Sequoia Capital. "The team is committed to make money for all stakeholders – investors, lenders, borrowers, employees and banks. With the balance sheet well capitalized, we are now going to keep our heads down and deliver $30bn TPV and build a loan book of $700m with small merchants by March 2023,” Ashneer Grover, BharatPe Co-Founder and CEO.