Will respond strongly to frauds: Sequoia on controversy-hit BharatPe
NEW DELHI: Breaking its silence over controversy at fintech firm BharatPe, Sequoia Capital India on Sunday said it has zero tolerance towards proven wrongdoing and will continue to respond strongly to wilful misconduct or fraud so that a few errant founders do not create big setbacks for startup ecosystem. Sequoia, which is the largest shareholder […]
BharatPe raises Rs 139 crore in debt from Alteria Capital, ICICI Bank
NEW DELHI: Fintech company BharatPe on Sunday said it has raised Rs 139 crore (about USD 20 million) in debt from venture debt firm Alteria Capital and ICICI Bank that will be used to strengthen its lending business and provide credit to merchants. Founded by Ashneer Grover and Shashvat Nakrani in 2018, BharatPe offers merchants […]