SPIRIT OF MUMBAI

BharatPe, India’s largest merchant payment and lending network company, has   fortified its leadership team by appointing Mr.   Nishant Jain as Chief Business Officer. Nishant will be responsible for charting out BharatPe’s next phase of growth & will work on the company’s aggressive plans to scale up its footprint to 10 million merchants this year. Nishant will be the 4 th  CXO at BharatPe joining Vijay Agarwal (CTO), Nishit Sharma (Chief Revenue Officer) and Puneet Agarwal (Chief Risk Officer) in the core team. Nishant has a wealth of multi-industry experience, having worked in leadership roles with Pepsi, the Coca Cola Company & more recently in the Food-Tech space with Zomato. He has extensive exposure in sales, P&L, change management & scaling-up businesses in highly dynamic and competitive environments. Mr. Ashneer Grover, Co-Founder & CEO, BharatPe  said, “ We are delighted to welcome Nishant onboard, he  br...

BharatPe, India’s largest merchant payment and lending network company, has introduced two new products in its app for merchants. With  ‘Paisa Bolega’ -   voice alerts of transactions , shopkeepers will be able to hear aloud instant confirmation of all payments received through their BharatPe QR, without even touching the phone. ‘ BharatPe Balance’  reflects the total money available to the shopkeeper across deposits, loans and daily collections through QR.  BharatPe has been a leader in offering simple solutions for shopkeeper’s business needs. During the lockdown, the company has seen business per merchant go up significantly as both customers and shopkeepers prefer contactless QR payments.    Average ticket size has gone up  70%  from Rs 300 to Rs 500 as customer shop more for essentials, albeit less frequently. ‘Paisa Bolega’  is a button introduced in BharatPe App. This converts the shopkeeper’s smartphone into a loud spe...