Tiger Global in talks to back BharatPe at $2.5 billion valuation

Tiger Global in talks to back BharatPe at $2.5 billion valuation

2 years ago
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https://techcrunch.com/2021/06/18/tiger-global-in-talks-to-back-bharatpe-at-2-5-billion-valuation/

Indian fintech startup BharatPe is in advanced stages of talks to raise about $250 million in a new financing round led by Tiger Global, two sources familiar with the matter told TechCrunch.

The new round, a Series E, is valuing the three-year-old New Delhi-headquartered firm at a pre-money valuation of $2.5 billion, sources said, requesting anonymity as the matter is private. The round hasn’t closed, so terms may change, sources cautioned.