Fintech unicorn BharatPe appoints two senior leaders after reporting profit for FY25

New Delhi-based fintech unicorn BharatPe has appointed two senior executives as it seeks to consolidate its position in India’s fast-expanding financial technology sector and prepare for a potential stock market debut.

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The company has announced the appointment of Rajesh C as Head of Finance and Himanshu Nazkani as Head of Investments. The leadership additions are part of a broader effort to bolster its financial and investment strategy at a time when the company has reported its first full-year profit.

Rajesh, a veteran with more than two decades of experience in financial planning, business finance, and regulatory reporting, will oversee finance, treasury, and taxation.

He joins from SBI Card, where he served as Senior Vice President-Finance and was part of the core team behind its landmark IPO in 2020. His earlier roles included senior positions at ABN Amro-RBS and GE Capital.

“BharatPe has demonstrated remarkable resilience and growth over the years. I look forward to working with the leadership team to continue the momentum further and contribute to its exciting growth journey,” said Rajesh C.

Nazkani, meanwhile, will be responsible for driving BharatPe’s investment and insurance strategy, identifying and evaluating strategic opportunities, and building partnerships that accelerate growth across mutual funds, digital gold, fixed deposits, and insurance.

He previously held senior roles at CarDekho Group, Kristal.ai, Elevar Equity, Religare Global Asset Management, and NYE Money, where he helped establish its wealthtech arm.

Himanshu Nazkani said, “BharatPe has built a unique position in India’s fintech landscape by solving real-world problems at scale. With its technology-led approach and strong foundation, the company is poised for exponential growth. I am excited to contribute to this journey by shaping BharatPe’s investment & Insurance strategy and building innovative businesses that deliver long-term value.”

“As BharatPe gears up for its next phase of growth, strengthening our leadership bench with seasoned professionals is vital. Rajesh’s deep financial expertise and proven track record in strategic planning and IPO readiness will be instrumental in ensuring a strong financial foundation as we scale,” said Nalin Negi, CEO, BharatPe.

“Himanshu’s rich experience in fintech and investments will further bolster our efforts in identifying new opportunities and building long-term growth drivers. I am delighted to welcome both of them to the BharatPe family and look forward to their contributions.”

The moves come as BharatPe has turned profitable for the first time, reporting a profit before tax of Rs 6 crore in fiscal year 2025, on total revenue of Rs 1,734 crore.