Why BharatPe's CPO Ankur Jain resigned?

BharatPe's Chief Product Officer (CPO), Ankur Jain has reisgned after serving the fintech unicorn for over three years. Jain, previously a part of the founding team at WalmartLabs, had taken on the role of CPO in June 2020

Jain had taken on the role of CPO in June 2020 and has been leading a team that introduced innovative fintech products for both merchants and consumers.

According to the company, Jain's decision to leave BharatPe is driven by his aim to launch his own startup in the AI and ML domain.

Confirming Jain's exit, BharatPe stated, “Ankur Jain has decided to move on from BharatPe to pursue his entrepreneurial ambitions. He has been an integral part of the company's journey over the last 3.5 years."

Who is Ankur Jain?

Before joining BharatPe, Jain co-founded Instalocate, an AI-driven startup aimed at enhancing travel experiences for individuals.

He also worked at WalmartLabs India as the Senior Director and Senior Director of Product Management. After completing his internship in several companies, he joined Kosmix as the Director of Product Management.

His departure from BharatPe follows a trend of high-profile exits from the company in recent years. Last month, Nishant Jain, the company's Chief Business Officer, left to join stock broking firm Angel One.