NEW DELHI: Fintech unicorn BharatPe, which has been rocked by a string of controversies, has recently witnessed its latest high-profile exit, with founding member Satyam Nathani putting in his papers.
Nathani’s exit follows that of Nishit Sharma, chief revenue officer at BharatPe and Chandrima Dhar, head of institutional debt partnerships at BharatPe, who quit the Tiger Global and Sequoia-backed company.
Confirming the development, a BharatPe spokesperson said, “This is to confirm that Satyam Nathani has decided to move on from BharatPe to pursue his entrepreneurial ambitions. We will back him to build the next big tech disruption. ”
The four-year-old company has been under the scanner since the beginning of this year when allegations of its founder Ashneer Grover abusing a Kotak employee surfaced. Subsequently, Grover and his wife Madhuri Jain Grover, along with several others, were ousted from BharatPe.