BharatPe co-founder Shashvat Nakrani's April 2026 move to strategic adviser role resurfaces
BharatPe's co-founder Shashvat Nakrani stepped away from daily operations to become a strategic adviser in a move dated April 2026 that is now resurfacing. The transition followed a reported ₹6 crore adjusted pre-tax profit in FY25, after the payments firm narrowed losses in FY24.
What happened
BharatPe co-founder Shashvat Nakrani is leaving daily operations to become a strategic adviser. The Indian payments firm previously reported its first adjusted
Key facts
- ₹6 crore adjusted profit before tax in FY25
- 17% revenue growth in FY25
- ₹2,100 crore+ venture debt deployed across 130+ deals in H1 2025
- ₹148.8 crore FY24 loss
- 39% FY24 revenue growth
- 50% reduction in FY24 losses
Why this matters
For prospective partners or acquirers, Nakrani’s move from daily operations may indicate a more institutionalised BharatPe, while making management depth and strategic alignment central diligence areas.
What to watch
- Whether BharatPe reports audited FY25 net profit or cash-flow improvement alongside the stated ₹6 crore adjusted pre-tax profit.
- Any equity raise, secondary transaction, valuation disclosure or strategic-investor announcement within the next two to four quarters.
- Changes in senior management, board composition or the precise scope and duration of Nakrani's advisory role.
- Merchant growth, payment volumes, lending disbursals and loan-default metrics after incentives and operating costs are moderated.
- Renewed regulatory, legal or governance developments involving current or former leadership.
- Formalize the operating remit of the CEO and leadership team, with Nakrani focused on selected strategic initiatives rather than execution.
- Use FY25 profitability messaging to reopen conversations with investors, lenders and potential strategic partners.
- Prioritize monetization from merchant payments, soundbox/POS distribution and lending partnerships over subsidy-led user growth.
- Tighten governance and board communication to distinguish adjusted profitability from statutory profit, cash flow and credit-loss performance.