BharatPe Names Ex-Paytm Executive Ajit Kumar as CTO

Overview

• BharatPe said Ajit Kumar will lead technology strategy and product innovation to scale its payments and lending platforms with an emphasis on reliability.
• He joins from Paytm, where he was senior vice president of engineering, bringing roughly 19 years of experience across Snapdeal, Times Internet, xAd Inc and SAP Labs.
• The appointment fills the CTO role vacated by Pankaj Goel, who resigned for personal reasons and became LeadSquared’s CTO in June 2025.
• The hire follows leadership churn and a structured realignment that moved key verticals under CEO Nalin Negi to tighten coordination across businesses.
• The IPO-bound fintech is targeting a listing by FY27 after reporting FY25 EBITDA of INR 141 crore, an 82% reduction in net loss to INR 88.2 crore, and operating revenue of INR 1,667 crore.