Four top executives resigned from their roles at BharatPe, as the fintech startup continued to see a leadership exodus that hasn't stopped since the start of the year.
In June, Chief Revenue Officer Nishit Sharma and BharatPe’s founding member Satyam Nathani left the company.
Founder Bhavik Koladiya also exited in early August, leaving behind Shashvat Nakrani—the only one among the original members who started the company.
BharatPe was started in July 2017 by Bhavik Koladiya and Shashvat Nakrani. Ashneer Grover joined the company as the third co-founder in 2018.
It turned unicorn in August 2021, after it raised around $370 million (Rs 2,775 crore) from investors at a valuation of $2.85 billion (Rs 21,375 crore).
The company is also in partnership with the Centrum Group for Unity Small Finance Bank, which is a part of Punjab & Maharashtra Cooperative Bank's resolution plan.
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