BharatPe’s CBO Nishant Jain Resigns, Joins Angel One Brokerage Firm as Executive Director
- ByStartupStory | September 5, 2023
Nishant Jain, the Chief Business Officer (CBO) of fintech unicorn BharatPe, has stepped down from his role to assume the position of Executive Director and CBO (Assisted Business) at the discount broking firm Angel One. This move follows closely on the heels of BharatPe’s Business Lead for Merchant Lending, Dhruv Dhanraj, resigning to pursue entrepreneurial endeavors.
Reflecting on his time at BharatPe, Nishant Jain shared on LinkedIn, “The past 3.5 years with BharatPe have been nothing short of extraordinary. It has been a thrilling experience, filled with the satisfaction of making a meaningful impact, achieving significant milestones, navigating through the challenges and triumphs, and most importantly forging strong and enduring friendships.”
Nishant Jain’s career journey includes previous roles at Zomato, Pepsi, and Coca-Cola, where he served as Sales Lead. He joined BharatPe in May 2020 and played a pivotal role in expanding the company’s digital payments and device business in India.
BharatPe has witnessed a series of leadership changes over the past year, including the departure of co-founders Satyam Nathani and Bhavik Koladiya, CEO Suhail Sameer, CRO Nishit Sharma, VP of Technology Geetanshu Singla, PostPe Head Nehul Malhotra, and CPO of Lending and Consumer Products Rajat Jain.
To realign its team, BharatPe recently brought on board former Razorpay SVP Pankaj Goel as its new Chief Technology Officer and banking industry veteran Sandeep Indurkar as CBO of Banking and Alliances. The company also appointed Aparna Kuppuswamy as Chief Risk Officer and Kohinoor Biswas as Head of the Consumer Lending Business. In its search for a CEO, BharatPe named risk and compliance expert Rahul Bhatia as Head of Internal Audit and banking industry veteran Ravinder Oberoi as Head of Compliance. In the interim, CFO Nalin Negi continues to serve as the acting CEO.
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