Digital payments firm BharatPe, which services offline retailers and businesses, has raised $75 million (approximately Rs 538.89 crore at current exchange rates) in its Series C funding led by Coatue Management and Ribbit Capital.

— VCCircle

The round was led by Coatue Management and Ribbit Capital, with Grace Software Holdings, Steadview and Amplo Opportunities also participating in the round.

L&L Partners advised existing investor Steadview Capital Mauritius Limited led by a team of partner Vaibhav Kakkar, managing associate Avisha Gupta, and associates Ritvika Thakur and Sanchita Kumari.

Update 28 April 2020: IndusLaw advised Ribbit Cayman IN Holdings V Ltd led by a team including senior partner Srinivas Katta, partner Winnie Shekhar and associates Stuti Agarwal, Prerna Bharati, Nishihi Shah and Nabarun Chandra Ray.

Back in August 2019, in its Series C round, Antares Legal had advised BharatPe, alongside IndusLaw, Khaitan & Co and L&L for investors.

2020-02-28

Deal value: INR 28.5 crore

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