IIT-DELHI GRADUATE SATYAM NATHANI QUIT BHARATPE
According to two persons familiar with the situation, BharatPe’s top management churn is continuing, with another senior executive, Satyam Nathani, ready to leave the ailing company.
Nathani, an IIT-Delhi graduate, had worked with BharatPe from the beginning and was in charge of numerous technology tasks, including the development of the company’s newest offerings, such as PostPe and 10% Club. Nathani has filed his paperwork and intends to depart. The company, on the other hand, is still in talks with him about leaving,” a source familiar with the talks said on condition of anonymity.
ETtech reported on June 8, citing sources that two senior employees at fintech quit last month. These two senior employees include revenue officer Nishit Sharma and head of institutional debt Chandrima Dhar. Nathani will be the company’s third high-ranking executive to resign in recent weeks.
“This is to confirm that Satyam nathani has opted to move on from bharatPe to follow his entrepreneurial objectives,” a bharatpe spokeswoman said in response to et’s questions. We’ll back him up in his quest to create the next great tech disruption.
Nathani was currently in charge of the technical integration between BharatPe and Unity Small Finance Bank, a company in which BharatPe holds a minority investment.
Authorization to buy the Punjab And Maharashtra Cooperative Bank’s business was granted to a consortium led by BharatPe’s parent company, Resilient Innovations, and Centrum Financial Services in October last year.
A small finance bank license was also granted to Unity Small Finance Bank, a joint venture between BharatPe and Centrum, The small finance bank’s current focus is on assisting PMC Bank’s trapped depositors according to ETtech