BharatPe announced that it has raised Rs 50 crore ($7 million) in debt from Northern Arc Capital, a digital debt finance platform that is focused on improving access to finance for under-served businesses and individuals in India.
This is the sixth round of debt financing for BharatPe in the year 2021. It aims to disburse Rs 14,000 crore ($2 billion) in business loans by March 2023.
