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New Deal


Announced

Completed

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

Financials

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Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For12%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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India

Private

payment services

Minority

Cross Border

FinTech

Acquisition

Private Equity

Friendly

Completed

Venture Capital

Synopsis

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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.

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