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New Deal


Announced

Completed

Tiger Global led a $370m Series E funding round in BharatPe.

Financials

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Transaction Value£265m
Consideration TypeCash
Capital Owned-
Capital Bid For13%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Private

Private Equity

Venture Capital

Friendly

FinTech

payment services

India

Minority

Completed

Cross Border

fintech

Synopsis

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Tiger Global, an investment firm, led a $370m Series E funding round in BharatPe, an Indian fintech startup. Other investors include Dragoneer Investor Group, Steadfast Capital, Sequoia Growth, Insight Partners, Coatue Management, Amplo and Ribbit Capital. "We now have $0.5bn cash on books and are extremely well capitalized to deliver on our mandate to build India's first truly digital bank," Ashneer Grover, BharatPe Co-Founder and Managing Director.

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