New Delhi, India, October 2025 — Ajit Kumar has joined BharatPe as Chief Technology Officer , effective October 23, 2025. With over 18 years of experience in technology leadership, engineering transformation, and platform innovation, Ajit will lead BharatPe’s technology organization, focusing on enhancing scalability, product innovation, and digital enablement across the company’s merchant and financial services ecosystem.
Ajit joins BharatPe after an impactful eight-year tenure at Paytm, where he held several key leadership positions, including Senior Vice President of Engineering, Vice President of Engineering, and AVP Engineering. At Paytm, he played a central role in building large-scale platforms, leading high-performing engineering teams, and driving technology modernization to support Paytm’s rapid growth in fintech and digital payments.
Before Paytm, Ajit served as Head of Backend Engineering – Shopo at Snapdeal, where he architected scalable systems and optimized infrastructure for real-time performance. His earlier roles include serving as Chief Engineering Manager at Times Internet, where he led search architecture and digital content engineering across the group’s major portals such as Times of India, Economic Times, and Navbharat Times. He also worked as Tech Lead at xAd, Inc., and co-founded Drishti Engineering Institute Pvt. Ltd., an education-focused venture dedicated to improving access to quality learning for students in remote regions.
Ajit began his career at YASU Technologies, which was later acquired by SAP Labs, where he contributed to developing components for SAP HANA and NetWeaver BRM. His early work in in-memory database systems and business rules engines laid the foundation for his expertise in building complex, data-intensive platforms.
Ajit’s appointment marks a significant milestone for BharatPe, as the company continues to strengthen its technology, product, and innovation capabilities to drive financial inclusion and empower millions of merchants across India.
About BharatPe
Founded in 2018, BharatPe has revolutionized India’s fintech landscape with its mission to make financial inclusion a reality for Indian merchants. The company pioneered India’s first UPI interoperable QR code and zero MDR card acceptance terminals through BharatSwipe. Serving over 1 million merchants across 400+ cities, BharatPe is a leader in UPI offline transactions with an annualized Transaction Processed Value (TPV) of over US$26 billion. The company has facilitated loans exceeding ₹10,000 crores to merchants and has raised over US$583 million in equity funding from leading investors such as Tiger Global, Dragoneer Investment Group, Coatue Management, Ribbit Capital, and Sequoia Capital (now Peak XV Partners).
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