BharatPe turns EBITDA positive, clocks Oct 2023 as first profitable month

Fintech unicorn BharatPe on Tuesday announced that it has turned EBITDA positive in October with annualised revenue crossing Rs 1,500 crore.

Without giving out the actual number, BharatPe in a statement said the financial milestone was attributed to consistent growth across all business lines.

 

Earnings before interest, taxes, depreciation, and amortization (EBITDA) is a measure of core corporate profitability.

 

The…