Exclusive: BharatPe secures Rs 135 crore in debt, rejigs payment aggregator biz ahead of IPO

Tiger Global-backed fintech startup BharatPe has raised Rs 135 crore (about $14 million) in debt funding ahead of a potential initial public offering (IPO). The round was led by InnoVen Capital and also saw participation from Neo Group and Alteria Capital. BharatPe’s board allotted 13,500 non-convertible debentures, with a face value of Rs 1 lakh each, to raise the aforementioned sum, according to its regulatory filings with the Registrar of Companies.