Former ICICI Bank Executive Sandeep Indurkar Joins BharatPe as CBO for Banking and Alliances
- ByStartupStory | May 18, 2023
BharatPe, a leading fintech company, has named Sandeep as the Chief Business Officer for Banking and Alliances. With over 18 years of experience at ICICI Bank, Sandeep will report to Nalin Negi, CFO and Interim CEO of BharatPe. In his new role, Sandeep will be responsible for driving banking partnerships, managing the P&L for BharatSwipe (the company’s POS business), and overseeing the launch of BharatPe Speaker in various markets.
Indurkar will also take charge of managing the collaboration between BharatPe and Unity Small Finance Bank, along with overseeing partnerships with the company’s NBFC partners.
“BharatPe has been a market disruptor from day one and one of the key enablers for driving digital payment acceptance ecosystem across offline merchant community,” Indurkar said in a statement, adding, “I am excited to join this young company and be a part of its next phase. I look forward to strengthening the market for BharatSwipe and Speaker.”
“Also, I look forward to fostering the right partnerships with relevant players in the financial services ecosystem, with the objective of making a larger impact across merchant businesses. Additionally, I am excited to work with the product and technology team at BharatPe to build next-gen payments and fintech products for merchants and consumers,” he added.
BharatPe Group recently finalized the acquisition of a controlling stake in Mumbai-based NBFC, Trillion Loans, in a move to strengthen its lending capabilities and enable independent loan and credit offerings. Aparna Kuppuswamy was appointed earlier this year as the Chief Risk Officer, responsible for managing the risk portfolio across all companies within the BharatPe Group, encompassing both merchant and consumer operations.
“I believe that Sandeep’s in-depth understanding of banking services as well as new-age banking products like digital banking and digital payments will be instrumental in our next phase of growth as we build cutting-edge payment products for offline as well as online merchants and consumers,” stated Nalin Negi, CFO and Interim CEO, BharatPe.
“In the times to come, strategic partnerships between banks, other traditional financial service companies, and new-age fintech companies will be the key differentiator to facilitate the best-in-class experience for our merchant partners and customers. Sandeep’s extensive experience of working in the banking industry will enable us to foster lucrative alliances,” he added.
Calling all entrepreneurs, investors and business owners! The wait is finally over. The 2nd edition of Startup Story B2B Connect is back with a bang – and this time, we’re taking it up a notch. With more startups, more investors and bigger opportunities than ever before, this is your chance to connect, collaborate and take your business to the next level. Get ready for an unforgettable networking experience that’s set to change the game. Stay tuned for all the exciting updates! Register Now Here.
Follow Startup Story
Related Posts
