BharatPe CPO Ankur Jain Resigns to Launch his Own Venture

Chief Product Officer (CPO) Ankur Jain is the most recent senior employee to leave the financial company BharatPe to launch his own venture.

The Stanford graduate, who became CPO at BharatPe in June 2020, has worked for companies in the US like Kosmix and Walmart Labs.

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“We would like to confirm that Ankur Jain has decided to move on from BharatPe to pursue his entrepreneurial ambitions. He has been an integral part of the company’s journey over the last 3.5 years and has built and led a super talented team that brought to life disruptive fintech products for merchants and consumers,” a BharatPe spokesperson said.

Senior management at BharatPe has seen a high-level departure over the past year, with the resignations of vice president of technology Geetanshu Singla, chief product officer for lending and consumer products Rajat Jain, chief technology officer Vijay Aggarwal, and head of PostPe's buy-now-pay-later product Nehul Malhotra.

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BharatPe, which was founded in 2018, lets retailers take online payments via QR codes and point-of-sale devices. Last year, the financial upstart also made a move into the buy now, pay later market. BharatPe, which competes against Paytm and PhonePe among those around them, has raised close to $580 million to date. Jain's departure was initially reported by Entrackr on Friday.

About BharatPe

BharatPe was started in 2018 with the mission to build a holistic FinTech platform for merchants and small businesses. The idea was to extend a robust financing ecosystem that could be leveraged by the merchants and help in scripting the economic growth of the country.

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