Indian fintech company BharatPe reported its first EBITDA positive result in October 2023 and logged an annualized revenue of 15 billion rupees (US$179.9 million).

In the same month, BharatPe facilitated loans worth over 6.4 billion rupees (US$76.8 million) to merchants, a year-on-year increase of 36%. The company attributed this development to growth across all business verticals.

Currency converted from Indian rupees to US dollar: US$1 = 83.37 rupees.