Mumbai: BharatPe Founder Shashvat Nakrani has announced his decision to step away from the company’s day-to-day operations, transitioning into a Strategic Advisor role effective May 1, 2026.
Nakrani, who currently serves as Chief Operating Officer (COO) and is the largest individual shareholder in BharatPe, will continue to remain closely associated with the company as Founder and Director on its Board.
As part of this transition, he will stay actively involved in key strategic areas including fundraising, initial public offering (IPO) planning, mergers and acquisitions (M&A), and shaping BharatPe’s long-term vision and growth strategy.
Announcing the move, Shashvat Nakrani said, “I also want to be clear about one thing: my belief in BharatPe has not changed. If anything, it has only strengthened. I continue to be deeply invested in the company, not just emotionally but financially as well. As the largest individual shareholder, my alignment with BharatPe’s long-term success remains absolute.”
He further added “Today, we are a very different organization, stronger, more structured, and built for scale. Under Nalin’s leadership, the company has made significant strides over the past few years. BharatPe is now profitable and truly self-sustaining.”
The transition comes at a time when BharatPe has achieved key financial milestones. The company reported an adjusted profit before tax of ₹6 crore in FY25, alongside a 16.9% year-on-year growth in operating revenue to ₹1,667 crore, up from ₹1,426 crore in FY24.
Nakrani will continue to play a pivotal role on the company’s Board of Directors, supporting BharatPe as it enters its next phase of growth and evolution, with a sharper focus on scalability, profitability, and long-term value creation.
