BharatPe in talks to raise $100 mn at reduced valuation: Report

BharatPe is reportedly in talks with existing investors to raise $100 million in a new equity funding round. The fintech startup last raised a major round in 2021 at a nearly $2.9 billion valuation, but the new round is being negotiated at a lower valuation, The Economic Times reported. This comes amid a number of top-level exits at the startup.