National, 23rd October 2025: BharatPe, India’s leading financial services and UPI payments platform, today announced the appointment of Ajit Kumar as its Chief Technology Officer (CTO). In his new role, Ajit will spearhead BharatPe’s technology strategy and innovation agenda, driving the next phase of product excellence, scalability, and reliability across its payments and lending platforms.
A seasoned technology leader with 19+ years of experience, Ajit brings a rich blend of engineering depth, strategic foresight, and leadership acumen. Prior to joining BharatPe, he served as Senior Vice President – Engineering at Paytm.
Earlier in his career, Ajit held senior technology leadership roles at Snapdeal (Shopo), Times Internet, and SAP Labs, focusing on building scalable, high-impact platforms and driving innovation and organizational growth.
Speaking on the appointment, Nalin Negi, Chief Executive Officer, BharatPe, “We are delighted to welcome Ajit to the BharatPe leadership team. His proven experience in building scalable fintech platforms and his deep understanding of payments and UPI infrastructure will be instrumental as we continue to innovate and strengthen our technology stack. Ajit’s leadership will be key in driving BharatPe’s mission of empowering millions of merchants and consumers through cutting-edge fintech solutions.”
Commenting on his new role, Ajit Kumar, Chief Technology Officer, BharatPe, “I am excited to join BharatPe at a pivotal time in its growth journey. BharatPe has been a catalyst in shaping India’s fintech ecosystem, and I look forward to working with the talented team to build resilient, high-performance platforms that redefine digital payments and credit accessibility for merchants and consumers alike.”
About BharatPe:
BharatPe (brand name of Resilient Innovations Pvt Ltd) was founded in 2018 to make financial inclusion a reality for Indian merchants. In 2018, it launched India’s first UPI interoperable QR code, the first zero MDR payment acceptance service. In 2020, post-Covid, BharatPe also launched a card acceptance terminal – BharatPe Swipe. Currently, with a registered network of over 1.7 crores merchants across 450+ cities, the company is one of the leading players in UPI offline transactions, processing 450 million+ UPI transactions per month. BharatPe processes payments of a monthly Transaction Processed Value of ₹12,000 crores. BharatPe Money (brand name of Resilient Digi Services Private Limited), a BharatPe Group Company, has already facilitated the disbursement of loans of over US$ 2 billion, in partnership with NBFCs. BharatPe’s POS business processes payments of over ₹27,000 crores annually on its 125,000+ machines.