Fintech unicorn BharatPe announced the appointment of Nalin Negi as its Chief Financial Officer. Nalin will be reporting to Suhail Sameer, CEO, BharatPe and will be working closely with the Board of BharatPe. In his new role, Nalin will be spearheading the finance function for BharatPe and will be working towards making the company EBITDA positive by March…
Fintech startup BharatPe announced the appointment of Smriti Handa as Chief Human Resources Officer. In her new role, Handa will be working with the senior leadership team at BharatPe and will focus on strengthening the organisational culture and HR practices in the company to build BharatPe as an employer of choice, according to a statement.…
Fintech startup BharatPe has appointed Nehul Malhotra as Head- Consumer Lending. Nehul will work closely with the CEO, Suhail Sameer, to scale up the consumer focussed lending products at BharatPe. Nehul’s appointment is the 5th senior level appointment for BharatPe in the year 2021. The company had earlier announced the appointment of Parth Joshi (CMO), Amit Jain (CRO),…
BharatPe, India’s leading financial services company for merchants, announced that it has raised US$ 370 mn in Series E equity round, at a post-money valuation of US$ 2.85 bn. The primary component of the round is US$ 350 Mn and secondary component of US$ 20 Mn. All employees holding vested ESOPs have been given full liquidity in the secondary. The round,…
Merchant payment and lending service provider BharatPe said it has acquired Payback India from American Express and ICICI Investments Strategic Fund. Financial details of the deal were not disclosed. This is the first-ever acquisition by BharatPe and will make Payback India a wholly-owned subsidiary of BharatPe, a statement said. Payback India – launched in 2010 – is a multi-brand loyalty programme…
Traya, a healthtech startup announced that it has raised an undisclosed amount of seed funding from Kae Capital and Whiteboard Capital. Angel investors Puneet Kumar from Steadview Capital and Suhail Sameer from BharatPe participated in the current seed funding round. The startup will use the funds for research and development, expanding its product range, detailed…