BharatPe raises USD 370 million funding led by Tiger Global, valuation touches USD 2.85 billion

NEW DELHI: BharatPe on Wednesday, August 4, 2021, said it has raised USD 370 million (about Rs 2,745.8 crore) in funding, led by Tiger Global that has pushed the merchant payment and lending service provider’s post-money valuation to USD 2.85 billion.

The series E round included a secondary component of USD 20 million, a statement said.

Staff holding vested employee stock option plan (ESOPs) have been given full liquidity in the secondary, it added.