India, April 14 -- BharatPe Cofounder Steps Down

BharatPe's cofounder and COO, Shashvat Nakrani, has stepped down from its executive role to "explore" new ventures. As the fintech unicorn rebuilds after years of leadership churn, legal feuds and business reorientation, what does his departure mean for BharatPe?

Founder Steps Back: Nakrani will now shift to a strategic advisor role at BharatPe from May, while continuing as a board director. In his new position, he will oversee fundraising, M&A, IPO planning and long-term strategy. The company will continue to be led by existing management. 

Post-Turbulence Era: Nakrani's departure comes at a time when BharatPe is trying to show its investors that its governance architecture has sta...