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BharatPe losses swell in FY22 after change in fair value of CCPS

by | Jan 27, 2023

Fintech platform BharatPe suffered huge losses to the tune of Rs 5,610.7 crore in the financial year 2021-22, due to a one-time non-cash expense related to change in fair value of compulsory convertible preference shares (CCPS).

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