BharatPe is preparing for an IPO, aiming to raise ₹800–1,200 crore in a pre-IPO round. The fintech, which turned profitable in FY25 after just seven years, is valued at 11.5–12x revenue—close to rival Paytm’s multiple. With RBI approval as a Payment Aggregator and talks underway for additional investment from Coatue Management, BharatPe is positioning itself as a lean, merchant-focused player. Investors will now weigh profitability against size and growth potential.
