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Fire breaks out in BharatPe's Malviya Nagar warehouse

Money Control · 1y

A fire incident occurred at BharatPe's warehouse in Malviya Nagar. The startup, which provides financial services to merchants, experienced the fire outbreak, leading to damage and destruction of goods. The prompt response of the fire department helped in controlling the fire and preventing further damage. The incident highlights the challenges and risks associated with warehouse operations in the startup ecosystem. Swipe machines, soundboxes and other company material worth Rs 50 lakh damaged in fire