Nalin Negi has been appointed as the new chief financial officer (CFO) of Fintech startup BharatPe. Earlier he was the CFO of credit card issuer SBI Card. In his new role, Negi will be working towards making the company’s EBITDA positive by March 2023 and leading the financial readiness for the company, which is getting ready for an initial public offering (IPO). Ebitda stands for earnings before interest, taxes, depreciation, and amortization. He will report to Suhail Sameer, CEO, BharatPe and work closely with the Board of BharatPe.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
In April, the company announced the appointment of Smriti Handa as the Chief Human Resources Officer. The new appointment comes after BharatPe Co-founder Bhavik Koladiya moved on from the company to pursue other assignments. The company has seen several high-profile exits in recent months, including Ashneer Grover (who triggered a major controversy at the platform); Chief Revenue Officer Nishit Sharma; and Head of Institutional Debt Partnerships, Chandrima Dhar.
“BharatPe is a truly ‘Indian’ payments company serving offline retailers and businesses. We empower the merchants to accept UPI payments for ‘FREE’ through the BharatPe QR. Merchants can sign up instantly and start receiving the funds immediately in their bank account.
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
The FIFA World Cup 2026 has entered the most dramatic and thrilling stage of the…
National News Centre of Excellence for Human Wildlife Conflict Management Inaugurated The Centre of Excellence…
For the fifth time a row, the Indian Air Force (IAF) has clinched the third…
According to a recent report by the UN Women agency, at least one million women…
India and New Zealand have upgraded their relationship into a Strategic Partnership by launching an…