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BharatPe’s Second Bet On Trillion Loans: Raises Stake With $8-9 Mn Infusion

Inc42 · 7m

BharatPe has increased its stake in Trillion Loans, a non-banking financial company (NBFC), to 60% with a recent investment. The acquisition of a majority stake in Trillion Loans took place last year. Trillion Loans reported a profit of INR 1.05 crore in its last disclosed financials for the year 2022-23, compared to a loss of INR 28.58 lakh in the previous fiscal year.