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BharatPe logs 182% growth in revenue in FY23, EBITDA loss cut by Rs 158 cr
TIWN
TIWN
PHOTO : TIWN
New Delhi, Dec 26 : Fintech major BharatPe on Tuesday said it has recorded 182 per cent growth in revenue in FY23 while EBITDA loss reduced by Rs 158 crore.
Founded in 2018, BharatPe has over 1.3 crore merchants in its network across more than 450 cities, processing over 370 million UPI transactions. The company offers payments, banking and lending services to merchants. Within lending under BharatPe Money, the company facilitates loans in partnership with various NBFCs such as L&T Finance, Aditya Birla Capital, Piramal Finance, and more.
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