Which company owns BharatPe?

Investor Sequoia Capital India is the largest shareholder in BharatPe with a 19.6 per cent stake, followed by Coatue at 12.4 per cent and Ribbit Capital at 11 per cent.

Who is the real owner of BharatPe?

Ashneer Grover is the Founder & Managing Director of Bharat Pe, he is currently judging at the Shark Tank India (Reality show inspired by an American television reality-show).

Is BharatPe a private company?

Resilient Innovations Private Limited (“BharatPe”) is a private company limited engaged in the business of facilitating a suite of financial services to merchants through its digital platform, on software as a service model, and providing other value-added services to such merchants.

Is BharatPe an Indian company?

B2B Current Investment BharatPe is a uniquely 'Indian' payments company serving the offline retailers and businesses. BharatPe has simplified accepting payments from 100+ mobile apps on India's UPI network, by offering businesses a single interoperable QR sticker.

Who is Suhail Sameer?

Suhail Sameer is a well-known personality around the world. He is the chief executive officer of BharatPe.

How BharatPe Killed Its Competitors? Ashneer Grover Vs Bharat Pe Controversy | Live Hindi

Is BharatPe a loss?

The fintech unicorn also collected financial income of around 66 crore during the fiscal ended in March 2021. Gazing through the income statement, it appears that BharatPe's annual expenses have surged to Rs 1,804 crore, adding up to a loss of Rs 1619.22 crore during FY21.

What is wrong with BharatPe?

BharatPe has alleged that the Grover family and their relatives “engaged in extensive misappropriation of company funds, including, but not limited to, creating fake vendors through which they siphoned money away from the company's expense account and grossly abused company expense accounts in order to enrich ...

Is PhonePe and BharatPe same?

No, BharatPe and PhonePe are different companies. They both offer digital payment services.

How BharatPe makes money?

The company also has PoS machines for merchants to accept card payments. However, payments earn thin margins for the company. The company's revenues come from its merchant and consumer-lending products. Its BNPL product PostPe clocked in a TPV of $321 million within three months of its launch in October 2021.

Who is Bhavik Koladiya?

Bhavik Koladiya is the Co-Founder and Group Head of Product & Technology at BharatPe.

Who is Ashwani Grover?

Ashneer Grover is the Managing Director and Co-founder of BharatPe. He was one of the most famous investors at Shark Tank India.

Is BharatPe copy of PhonePe?

The intellectual property (IP) division of Delhi high court has rejected the petition filed by fintech unicorn BharatPe, urging the court to cancel copyrights of arch-rival PhonePe on the 'Pe' suffix.

How is BharatPe different?

The BharatPe revenue model depends on providing its consumers with a digital payments platform and also has got a separate app for its merchant friends where the company credits them for their transactions digitally as mentioned above. It actually sails for providing credits to the merchants with cheaper interests.

Is PhonePe Chinese app?

PhonePe is an Indian digital payments and financial technology company headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016.

Is BharatPe better than Google pay?

BharatPe topples Google Pay in merchant UPI payment acceptance space. In a significant achievement, merchant payments firm BharatPe has toppled Google Pay to become #3 in UPI P2M. The company has recorded Rs 3,334 crores (US$ 479 million) in transaction value for the month of November, displacing Google Pay from the No ...

Is BharatPe profitable Quora?

Yes . I am using this 12% club for an year till now my experience with this app is great I can undoubtedly say that this a good and realiable. Join the growing community of over 1 million investors earning 12% returns.

How can I invest in BharatPe?

Consumers using the '12% Club' app can invest their money at any moment by opting to lend money to BharatPe's partner P2P NBFCs. Consumers may also use the '12% Club' app to get no-collateral loans up to Rs 10 lakhs for three months at their convenience.

Who is bigger MD or CEO?

Hierarchy. The CEO is at the highest position in a company. They head C-level members such as the COO, CTO, CFO, etc. They also rank higher than the vice president and many times, the Managing Director.

When did BharatPe started?

BharatPe was founded in 2018 by Shashvat Nakrani, a drop-out of the Indian Institute of Technology New Delhi, one of the country's most prestigious schools. After teaming up with Bhavik Koladiya, a commercial pilot, the duo canvassed small businesses to understand problems with digital payments in India.

Who is rich in Shark Tank India?

Who is the richest shark in Shark Tank India? Aman Gupta is one of the richest sharks in India. He has a net worth of $95 million.

Is Ashneer Grover A Millionaire?

Ashneer Grover – US$90 million

Ashneer Grover's net worth stands at US$90 million, according to GQ India, making him one of the richest sharks on the show. He is the managing director and co-founder of Bharat Pe, an Indian fintech company catering to small merchants in India.

Is Ashneer Grover a billionaire?

One Of India's Richest Billionaires

With a personal net worth of over Rs 700 Crores, at the age of 40, Ashneer is one of India's youngest Billionaires.