BharatPe, the merchant payment and lending network company, has strengthened its leadership team by appointing Nishant Jain as Chief Business Officer.
Jain will be responsible for charting out BharatPe’s next phase of growth and will work on the company’s aggressive plans to scale up its footprint to 10 million merchants this year. Jain will be the fourth CXO at BharatPe joining Vijay Agarwal (CTO), Nishit Sharma (Chief Revenue Officer) and Puneet Agarwal (Chief Risk Officer) in the core team.
Jain has multi-industry experience, having worked in leadership roles with Pepsi, the Coca Cola Company and more recently in the Food-Tech space with Zomato. He has extensive exposure in sales, P&L, change management and scaling-up businesses in highly dynamic and competitive environments.
Ashneer Grover, Co-Founder and CEO, BharatPe, said, “We are delighted to welcome Nishant on board, he brings in a wealth of deep expertise in building and scaling up merchant-focussed business, go-to-market teams and driving accelerated growth. His role will be crucial in growing our merchant network in India while generating and scaling the loan revenues for BharatPe. We will continue to add outstanding talent to capture this unprecedented opportunity and market we’ve found ourselves.”
Jain led the sales and hyper growth agenda at Zomato, before joining BharatPe. At Zomato he was instrumental in scaling up operations to 500+ cities, cutting down the market spends by half and yet delivering triple-digit growth.
Recently, he also led the launch of Zomato market, the company’s foray into groceries. In his previous stint, Jain worked at Coca Cola as Director National Key Accounts for India and South West Asia BU and drove multiple success points on the top line and market share. Jain has also worked at senior positions in companies like Fortis, PepsiCo and Bennett & Coleman.