BharatPe's cofounder steps down as fintech navigates recovery.

BharatPe's cofounder steps down as fintech navigates recovery. Shashvat Nakrani transitions to strategic advisor role overseeing fundraising, M&A and IPO planning, marking another leadership shift for the unicorn. The move comes as BharatPe demonstrates improved financial performance with FY25 losses narrowing 82 percent year-over-year to 88.2 crore rupees while operating revenue climbed 17 percent to 1,667 crore rupees. The company's pivot toward lending-led growth and wealth tech products has driven the rebound following years of governance challenges and leadership turnover. With an IPO target within 10-12 months, BharatPe continues rebuilding around a structured, less founder-centric model.