BharatPe in talks to raise $100 million at lower valuation amid challenges

BharatPe, the fintech startup, is in talks to raise $100 million in a fresh equity funding round at a lower valuation. This comes even as the company is facing an exodus of top-level talent and allegations of financial irregularities. Despite these challenges, BharatPe is still focused on achieving profitability and being IPO ready. The company has around 200,000 devices deployed across more than 400 locations in the country.