BharatPe hires Kamal Sharma, lines up Yugal Tiwari as CPO

BharatPe has brought in former Paytm executive Kamal Sharma as AVP Engineering, Consumer, and is expected to appoint Yugal Tiwari as chief product officer. The product and technology hires come as the merchant-payments firm prepares for a potential FY27/FY28 IPO.

— Source publishedTue, 25 Aug, 2026, 11:31 IST·First seen Tue, 25 Aug, 2026, 11:33 IST·Source Entrackr · Newsletter

What happened

BharatPe is hiring former Paytm executives Kamal Sharma as AVP Engineering, Consumer and Yugal Tiwari as CPO, strengthening its product and technology

Key facts

  • 10 million+ merchants
  • Rs 6 crore FY25 profit
  • Rs 1,800 crore FY25 operating revenue
  • FY27/FY28 potential IPO target

Why this matters

BharatPe’s recruitment of former Paytm talent may enhance its ability to pursue product-led partnerships and strategic expansion as it prepares for public-market scrutiny.

What to watch

  • Formal confirmation of Yugal Tiwari's CPO appointment and the scope of his mandate.
  • New BharatPe consumer-app launches, UPI features, loyalty programs or merchant-consumer commerce integrations.
  • Changes in transaction volumes, active merchants, merchant retention, lending disbursals and contribution-margin disclosures.
  • Further executive hiring in finance, compliance, risk, legal or investor-relations roles.
  • IPO advisor appointments, board changes, audit/governance upgrades or stated profitability milestones.
  • RBI or NPCI actions affecting UPI, payments aggregation, lending partnerships or fintech compliance.
  • Unify merchant payments, POS, loyalty, credit and consumer-facing payment experiences under a clearer product roadmap.
  • Recruit additional senior leaders in risk, compliance, data, finance and investor relations ahead of IPO preparation.
  • Increase investment in app reliability, fraud controls, merchant analytics and cross-sell personalization.
  • Use consumer products to drive merchant transaction frequency, while emphasizing higher-margin lending, soundbox, POS and software revenue.
  • Tighten governance, reporting discipline and profitability messaging for prospective FY27/FY28 listing investors.

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