Fintech company BharatPe brings on two seasoned executives following their announcement of profitability for fiscal year 2025.
BharatPe, a leading fintech unicorn based in New Delhi, has made strategic hires aimed at strengthening its leadership and driving its growth in the fintech sector. The company has appointed Rajesh C as Head of Finance and Himanshu Nazkani as Head of Investments.
Rajesh C brings over two decades of experience in financial planning, business finance, and regulatory reporting to his new role. Previously, he served as Senior Vice President-Finance at SBI Card and was part of the team behind its IPO in 2020. Prior to SBI Card, he held senior positions at ABN Amro-RBS and GE Capital. In his new role at BharatPe, Rajesh C will oversee finance, treasury, and taxation.
Himanshu Nazkani, with his rich experience in fintech and investments, will be responsible for driving BharatPe's investment and insurance strategy. He previously held senior roles at CarDekho Group, Kristal.ai, Elevar Equity, Religare Global Asset Management, and NYE Money. Nazkani will be responsible for identifying and evaluating strategic opportunities and building partnerships.
Nalin Negi, CEO of BharatPe, expressed his excitement about the appointments, stating that strengthening the leadership bench with seasoned professionals is vital as the company gears up for its next phase of growth. He further added that the moves by BharatPe are strategic hires aimed at strengthening its leadership and driving its growth in the fintech sector.
The appointment of Rajesh C and Himanshu Nazkani is seen as strengthening BharatPe's leadership bench for its next phase of growth. Rajesh C's deep financial expertise and proven track record in strategic planning and IPO readiness will be instrumental in ensuring a strong financial foundation as BharatPe scales. Nazkani's experience in fintech and investments will further bolster BharatPe's efforts in identifying new opportunities and building long-term growth drivers.
The news of BharatPe's first full-year profit is a significant milestone in its journey and a testament to its growth and success in the fintech industry. The company reported a profit before tax of Rs 6 crore in fiscal year 2025, on total revenue of Rs 1,734 crore. BharatPe aims to continue consolidating its position in India's fast-expanding financial technology sector and prepare for a potential stock market debut.
Rajesh C and Himanshu Nazkani have expressed enthusiasm about contributing to BharatPe's growth journey. Rajesh C's deep financial expertise and proven track record in strategic planning and IPO readiness will be instrumental in ensuring a strong financial foundation as BharatPe scales. Himanshu Nazkani has expressed excitement about contributing to BharatPe's growth journey by shaping its investment and insurance strategy.
As BharatPe continues to expand and grow, these strategic hires will play a crucial role in shaping the company's future and driving its growth in the fintech sector. The company's first full-year profit is a testament to its success and a sign of things to come.
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