BharatPe back on track after Ashneer Grover controversy, records 112% growth

Leaving the Ashneer Grover controversy behind, fintech platform BharatPe has closed one of the highest growth quarters in its history, facilitating over Rs 3,600 crore in loans in the first quarter (April-June period) of FY23.

This is a growth of 112% over the last quarter. BharatPe said it also reached an all-time high of $18.5 billion in annualised total payment value (TPV) — a growth of 50% over the last quarter.