After Paytm, BharatPe also states small-ticket loans aren’t a priority for them

Nalin Negi, Interim CEO and CFO, BharatPe: Special Arrangement

Synopsis
Paytm recently made their intentions clear about small-ticket loans. BharatPe has said that loans below INR50,000 make less than 10% of their entire loanbook and hence they aren’t a priority. Nevertheless, BharatPe has seen revenue growth backed primarily by merchant lending. Going forward, the company plans to turn profitable in 2025.

Close on the heels of rival Paytm’s decision to cut down on low-ticket loans, Tiger Global-backed BharatPe too has stated that low-ticket loans have not been a focus area for the fintech major as it is barely contributing to 10% of its overall loan book. “For us, sub INR50,000 loans is less than 10% of the entire loans that we facilitate on a monthly basis. We're not focusing on that at all. My average ticket size is around INR1 lakh and average