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BharatPe appoints new engineering and product leadership

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BharatPe logo
Date
Company
BharatPe
What it does
Fintech payments and financial services platform
Kind
People
Based in
Delhi
Founded
2018
Sector
Financial Services

What they do

BharatPe is a Delhi-based fintech company providing UPI payments, point-of-sale devices, and credit services to over 10 million merchants across India

What happened

The company appointed Kamal Sharma as AVP of Engineering and Yugal Tiwari as the new Chief Product Officer to strengthen its senior leadership team

Why it matters

These appointments follow a series of executive changes as the firm prepares for a potential initial public offering by late 2027 or mid-2028

The details

  • BharatPe has appointed Kamal Sharma as the new AVP of Engineering for its consumer business.
  • Yugal Tiwari has been named the new Chief Product Officer and is expected to join the company shortly.
  • The Chief Product Officer role was vacant following the departure of Rohan Khara in June 2026.
  • These hires are part of a broader effort to bolster the company's senior leadership team.
  • The company previously considered Ankur Jain for the product role, but those discussions did not result in an appointment.

The bigger picture

  • BharatPe is actively restructuring its leadership team ahead of a planned IPO (initial public offering; the first sale of stock to the public).
  • The company is targeting a public market debut by the end of FY27 or mid-FY28.
  • The firm recently reported a profit of Rs 6 crore on operating revenue of Rs 1,800 crore for the 2025 fiscal year.

About the business

  • BharatPe operates a financial services platform serving over 10 million merchants.
  • The company offers products including UPI payments, BharatPe One payment devices, and BharatPe Swipe.
  • It provides financial services such as easy loans, credit card bill payments, and personal loans.
  • The platform has facilitated over Rs 14,600 crore in business loans to date.
  • It maintains a presence in more than 450 cities across India.
  • The company manages a total payment volume of over Rs 1,700 billion.

What happens next

  • The company is working toward a potential IPO by the end of FY27 or mid-FY28.

The deal

Type
people

Investors

  • Coatue Management (existing) — A global investment firm that backs technology companies.

Founders

  • Shashvat Nakrani, Founder

About BharatPe

Product
Merchant-focused payments and financial services platform, including payment aggregation and lending-related products.
Customers
Merchants and small businesses that use its payments and financial services tools.
How it makes money
Earns from financial services and merchant transaction-linked offerings, including payments infrastructure and lending-related services.
What sets it apart
Strong merchant distribution and a broad payments stack built for small businesses.
Operations
Operates through a merchant network and also has a stake in Unity Small Finance Bank.

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