Fintech firm BharatPe is set to hire two senior executives from Paytm for key product and engineering roles, according to sources familiar with the development. BharatPe has appointedKamal Sharma, former AVP, Engineering at Paytm, asAVP, Engineering, Consumer, sources said. Sharma has already joined the company. The company is also set to appointYugal Tiwari, former Senior VP, Product at Paytm, asChief Product Officer. Tiwari is expected to join BharatPe soon. Sharma spent over eight years at Paytm across engineering roles. He joined Kotak Mahindra Bank as SVP, Engineering in May 2023 and returned to Paytm as AVP, Engineering in January 2025. Tiwari previously worked at Paytm and Paytm Payments Bank, where he held several product leadership roles. He joined CRED in April 2022 and returned to Paytm in May 2024. “Both executives will be part of BharatPe’s senior leadership team, with Sharma having already joined the company and Tiwari expected to join soon,” a source said. Tiwari’s appointment comes after BharatPe’s CPO position remained vacant following the departure ofRohan Kharain June this year. Khara had been responsible for leading the company’s product function and had also overseen marketing initiatives. Entrackr recentlyreportedthat Ankur Jain, former BharatPe CPO and founder of now-shut Jivi.ai, was also in talks to rejoin BharatPe as CPO. However, according to sources, the discussions did not materialise. The appointments add to BharatPe’s recent senior-level hiring from Paytm. In October 2025, the fintech firm appointedAjit Kumar, former Senior Vice President, Engineering at Paytm, as its Chief Technology Officer. Paytm declined to comment on the story. Entrackr has contacted BharatPe and Kamal Sharma for comments, while Yugal Tiwari could not be reached for comment. The company has also strengthened its leadership team in recent months. In March 2026, BharatPe appointed Himanshu Verma as Head of its POS business. The Delhi-based fintech is targeting a potential IPO by the end of FY27 or mid-FY28. Backed by Coatue Management and other investors, BharatPe serves more than 10 million merchants through its payments and financial services platform. The company reported a profit of Rs 6 crore on operating revenue ofRs 1,800 crore in FY25. Its FY26 results are yet to be announced. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
