BharatPe Raises Stake in Trillion Loans to 60%

In a strategic move to further strengthen its financial services portfolio, unicorn fintech player BharatPe raised its stake in NBFC Trillion Loans to nearly 60%.

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The investment is pegged at about $8-9 million, through the infusion of fresh capital.

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Trillion Loans are valued at $100 million currently, and with this improved breathing space given by BharatPe

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Apart from its stake in Trillion Loans, BharatPe is already trying to increase its stake in Unity Small Finance Bank.

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First up, earlier this year, BharatPe raised a significantly larger debt round, and second, Trillion Loans secured separate debt from Credit Saison.

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Though it has so far refrained from raising any equity since August 2021, BharatPe, within the last three years, has even managed to rope in various debts.

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