BharatPe, a major fintech company headquartered in Gurugram, is undergoing a significant transition as its Chief Business Officer (CBO), Dhruv Dhanraj Bahl, departs after a nearly four-year tenure. This departure comes in the wake of several other top executives leaving the company.
Initially joining the firm in 2020 as the head of operations, Bahl rapidly advanced within the organisation, eventually becoming the Chief Operating Officer and subsequently taking on the role of Chief Business Officer for the merchant lending division.
A spokesperson for the company confirmed Bahl's departure, stating that he is leaving BharatPe to pursue entrepreneurial opportunities. The spokesperson acknowledged Bahl's vital role in contributing to the company's growth and wished him success in his future endeavours.
While Bahl's exit is acknowledged, the company emphasises that its operations will remain unaffected. The spokesperson reassured that the merchant lending sector, guided by an experienced leadership team, continues to witness substantial growth.
Bahl's professional journey includes notable positions at industry leaders like Paytm and Airtel Payments Bank. Prior to joining BharatPe, he served as the Chief Business Officer at Roadzen, an insurance firm. In addition to his association with BharatPe, Bahl holds a position as a venture partner at Bharat Founders Fund.
Despite recent executive departures, BharatPe maintains its focus on core operations. Notably, the merchant lending segment remains robust, building on the momentum achieved in the previous year.
As Dhruv Dhanraj Bahl embarks on his entrepreneurial pursuit, industry observers await the potential impact of his new venture. Meanwhile, BharatPe remains steadfast, guided by experienced leadership that continues to drive the company's growth through innovation and expansion efforts.