BharatPe founder Shashvat Nakrani has transitioned from his operational role to a Strategic Advisor position, effective May 1, 2026. He has been serving as Chief Operating Officer (COO) and remains the largest individual shareholder in the company. He has continued as Founder and Director on the Board.
As part of the transition, Nakrani has remained involved in key strategic areas including fundraising, IPO planning, mergers and acquisitions, and long-term growth planning.
The transition has come at a time when BharatPe has reported financial growth. The company has recorded an adjusted profit before tax of Rs 6 crore in FY25 and has posted a 16.9% year-on-year increase in operating revenue to Rs 1,667 crore, up from Rs 1,426 crore in FY24.
He has continued to serve on the Board of Directors, supporting the company’s next phase of growth.
“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.” — Shashvat Nakrani.
“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.” — Shashvat Nakrani.
