BharatPe Cofounder Shashvat Nakrani Steps Down To Launch New Venture

 Nakrani, who co-founded BharatPe in 2018 at just 19 years old while studying at IIT Delhi, has played a pivotal role in shaping the company’s growth. His decision to step back from day-to-day operations signals both a personal transition and a new chapter for BharatPe.  

Transition To Advisory Role  

Starting May 1, Nakrani will serve as a strategic advisor and board director. He will continue to guide BharatPe in critical areas such as fundraising, IPO planning, mergers and acquisitions, and long-term strategy, ensuring continuity in leadership.  

New Venture Plans  

While details remain under wraps, Nakrani confirmed his intention to launch a new venture. Industry insiders expect his next move to be in the fintech or digital innovation space, leveraging his experience in building BharatPe into one of India’s leading payment platforms.  

Impact On BharatPe  

Nakrani’s exit from daily operations follows other leadership changes at BharatPe. His continued involvement in strategic decisions is expected to stabilize the company as it prepares for future expansion and a potential IPO.  

Key Highlights  

• Shashvat Nakrani steps down from daily role at BharatPe  
• Transitions to strategic advisor and board director effective May 1  
• Will continue guiding IPO, fundraising, and M&A strategy  
• Plans to launch a new venture soon  
• Cofounded BharatPe in 2018 at age 19  

Sources: The Economic Times, Financial Express, The Week