Indian fintech agency BharatPe’s co-founder Shashvat Nakrani has stepped down from his day-to-day position and can transfer right into a strategic advisory place from 1 Could, 2026.

In a private be aware, Nakrani mentioned he would transition away from the position of chief working officer (COO) to turn out to be a strategic advisor and proceed as a board director. On this position, he’ll stay concerned in key areas together with fundraising, IPO plans, mergers and acquisitions, and long-term technique.

He mentioned the choice was pushed by a want to “discover new concepts and ventures”, including that curiosity had lengthy formed his method to constructing companies.

“For me, constructing has at all times meant following curiosity, returning to first rules, and exploring concepts that won’t at all times succeed, however are price pursuing. That very same curiosity led me to place all the pieces else on maintain, together with school, on the age of 19 in 2018, after we based BharatPe on the IIT Delhi campus. It was about bridging a niche we clearly noticed round us,” Nakrani wrote.

Nakrani co-founded BharatPe with Bhavik Koladiya in 2017, and the corporate was integrated in 2018. Ashneer Grover later joined as a 3rd co-founder the identical yr. Each Koladiya and Grover left the corporate in 2022.

He remained with the corporate by way of these management exits and continues to carry a major private stake in BharatPe.

“For me personally, it’s a step in direction of exploring one thing new, whereas staying linked to what I’ve constructed. I’ll at all times care deeply about BharatPe and can proceed to contribute to its journey in each method I can,” he added.

Nalin Negi will proceed to guide the corporate alongside its board.