BharatPe’s revenue rises 182% in FY23, loss at ₹886 crore

Fintech unicorn BharatPe’s revenue from operations increased to Rs 904 crore in FY23 from Rs 321 crore in FY22, registering a year-on-year growth of 182%, the company said in a statement on Tuesday. The startup claimed that its losses before tax reduced to Rs 886 crore in FY23 from Rs 5,594 crore in FY22. CFO and interim CEO Nalin Negi said that the firm’s strategy from here on will be to focus on sustained profitability.