BharatPe has picked up Rs 60 cr in debt financing from Innoven Capital, as part of its plan to raise $ 500-700 mn of debt capital over the next two years to strengthen the lending business. The Delhi-based fintech also announced the appointment of Sumeet Singh as the General Counsel and Head- Corporate Strategy. BharatPe specialises in onboarding merchants with QR codes and has facilitated loan disbursement of over Rs 500 cr to its merchants.

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