New Delhi | August, 2025 — Indian fintech major BharatPe is in advanced discussions to secure $80–100 million in a pre-IPO equity round, with US-based Coatue Management expected to lead the investment. This would be BharatPe’s first major equity raise in four years.
Funding Snapshot
- Round Size: $80–100 million (₹670–840 crore)
- Lead Investor: Coatue Management
- Round Type: Pre-IPO equity
- IPO Timeline: Not in current fiscal year
Profitability Milestone
The fundraising comes on the back of BharatPe turning profitable in FY25, posting a ₹6 crore profit before tax (excluding ESOP costs) — a sharp turnaround from past losses. CEO Nalin Negi has underlined the company’s intent to maintain consistent profitability before listing on the public markets.
Fintech Ecosystem Play
Over the years, BharatPe has built one of India’s most diversified fintech portfolios:
- NBFC Arm: Trillion Loans
- Banking Stake: Significant holding in Unity Small Finance Bank
- Payments License: RBI-approved payment aggregator license
This integrated approach positions BharatPe as more than just a merchant payments app — it’s evolving into a full-stack digital financial services player.
Strategic Timing
With fintech valuations stabilizing post-funding winter, a pre-IPO round at this stage offers BharatPe both capital flexibility and market confidence ahead of a listing. The fresh funds are likely to be channelled towards expanding its lending business, boosting merchant acquisition, and deepening product penetration in Tier-2 and Tier-3 markets.
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