BharatPe raises $75M to help Indian merchants accept digital payments and secure working capital

BharatPe,a New Delhi-based startup that is enabling hundreds of thousands of merchants to accept digital payments for the first time and also providing them with access to working capital, has raised $75 million in a new financing round as it looks to scale its business in the nation.
The Series C round for the one-and-a-half-year-old startup was led by New York-headquartered hedge fund Coatue Management and existing Palo Alto-based fintech investor Ribbit Capital .
VC firm Amplo and existing in