Seems like $180Mn annualised revenue. Valued at 16.1x of revenue for the last round. Hmm.

• BharatPe raises INR 150 Cr in debt funding from Neo Wealth and Trifecta Capital.
• Company aims for EBITDA profitability by FY25 and plans to apply for an offline payment aggregator license.
• Initiatives include launching mutual funds...

This is just a prediction based on what I've been observing recently. Founder is publishing a lot of self ego boosting articles and aggressively hiring currently.

This has been going on for quite some time and they recently did some lay...

I feel they would be raising for 4-5 months of runway at a time this way. Anybody knows?

• Are these guys on the path to profitability now? What do they even do? Just sell loans and insurance to rich people who won't fall for that shit anyway? What's their edge over the hundreds of other companies already doing that?

• How ...