BharatPe Plans Pre-IPO Funding, No Listing This Fiscal Year

BharatPe will raise funds before its initial public offering but will list only when market conditions are favourable, Chief Executive Officer Nalin Negi said, as per a leading news wire PTI.

Negi said the company had achieved all its operational goals, with profitability being a priority before proceeding with an IPO. “There will be a pre-IPO funding round, while an IPO is not on the cards for this financial year. Anything beyond that is a fair game, once the market conditions are right,” he said, as per PTI.

The fintech player closed FY25 with an adjusted profit before tax of Rs 6 crore, excluding employee stock ownership plan expenses, compared to a loss of Rs 342 crore in FY24. Negi said consistent performance is key to building investor confidence ahead of a public listing.

BharatPe’s investors include Peak XV, Tiger Global, Beenext, Steadfast Capital and Ribbit Capital. It is the only fintech firm with a non-banking financial company arm, Trillionloans, a stake in Unity Small Finance Bank, and an online payment aggregator licence.

In April 2025, the Reserve Bank of India granted BharatPe final authorisation to operate as an online payment aggregator. The company said this would help it scale payment solutions, expand in tier 2 and tier 3 cities, and invest in advanced technology infrastructure for high-growth sectors.

BharatPe has also raised its stake in Trillionloans to 74 per cent, strengthening its lending operations.