Skip to main content

BharatPe appoints Ex Walmart Labs Ankur Jain as its Chief Product Officer

Ankur Jain in his new role to lead product transformation and drive innovation that cuts across business units and geographic boundaries


New Delhi, June 1, 2020: BharatPe, India’s largest merchant payment, and lending network company, has strengthened its leadership team by appointing Mr. Ankur Jain as Chief Product Officer. Ankur will be responsible for the complete product lifecycle and innovation at BharatPe. Ankur is the fifth CXO at BharatPe and joins Vijay Agarwal (CTO), Nishit Sharma (Chief Revenue Officer), Puneet Agarwal (Chief Risk Officer), and Nishant Jain (Chief Business Officer) in the core team.


 


Heading product management and user experience across customer touch points, Ankur will contribute to BharatPe’s aggressive plans to scale up its footprint to 10 million merchants this year. Ankur, an alumnus of Stanford University has a rich experience of working in deep technology startups like Kosmix and Instalocate and the world’s largest company Walmart. He has developed large scale products which have been used by millions of people across the globe driving huge revenues for the organizations. He was part of the founding team to set up Walmart Labs office in India and has substantial experience of building cross functional teams in business, technology and product verticals across the globe.


 


Mr. Ashneer Grover, Co-Founder & CEO, BharatPe said, “We are at an interesting point in our growth phase that requires constant innovation and fast delivery of products for the rapidly evolving digital and financial needs of Indian shopkeepers. We are methodically getting the right people in the right positions to meet these requirements. Talent will be our biggest differentiator.”


 


“I have deep respect for talent that has worked in the US – the vision with and scale at which professionals who have come back from US operate is commendable. Ankur joining in a critical role will strengthen our core team, he has deep experience in accelerating revenue through new products and solutions, driving large-scale organizational change, and anticipating market dynamics to create new products and segments which will help us drive product innovation at a higher velocity,” Ashneer added.


 


Prior to BharatPe, Ankur was CEO and Co-Founder of Instalocate. The mission of Instalocate is to bring the fintech revolution to the travel industry through an AI powered travel assistant and convert travel disruptions into instant money. Prior to Instalocate, he worked at Walmart Labs as Senior Director of Product Management where he developed Artificial Intelligence (AI) based products to help merchants in understanding the customer pulse, to decide which products to sell and to set the right price.


 


Ankur joined Walmart Labs as part of the acquisition of Kosmix by Walmart in 2011. Ankur was the early employee of Kosmix and saw the full product life cycle from initial days to a successful acquisition. At Kosmix, he led the product and growth teams and scaled the user base to hundreds of millions of users. He has deep research experience at some of the prestigious labs in the world including MIT Media Lab, Stanford Technology Ventures, Ericsson Eurolab and Institute for Infocom Research.


 


About BharatPe


BharatPe was co-founded by Ashneer Grover and Shashvat Nakrani in 2018 with the vision to make financial inclusion a reality for Indian merchants. BharatPe launched India’s first UPI interoperable QR code, first ZERO MDR payment acceptance service, first UPI payment backed merchant cash advance product, and the only P2P NBFC investment product offering merchants up to 12% interest. Currently serving over 40 lakh merchants across Bangalore, Delhi, Hyderabad, Pune, Mumbai, Jaipur, Ahmedabad, Indore, Bhopal, Nagpur, Chandigarh, Jodhpur, Ludhiana, Surat, Patna, Karimnagar, Mysore, Visakhapatnam, Vijayawada, and Warangal. The company has grown business 30x in 2019 and is the leader in UPI offline, processing 5 crore+ UPI transactions a month (annualized TPV of US$ 2.7 Bn). The company has already disbursed more than 25,000 loans (Rs 150 crores +).


Popular posts from this blog

छतरपुर जिला चिकित्सालय को मिलेअत्याधुनिक जांच उपकरण एस्सेल माइनिंग द्वारा सी-आर्म, रक्त जांच एवं अन्य उपकरण दान

 छतरपुर की स्वास्थ्य अधोसंरचना को मजबूत बनाने के ध्येय को आगे बढ़ाते हुए एस्सेल माइनिंग द्वारा शुक्रवार को छतरपुर जिला चिकित्सालय में अत्याधुनिक सी-आर्म इमेजिंग डिवाइस, हाई फ़्लो नैज़ल कैनुला समेत त्वरित रक्त जांच उपकरण एवं मोरचुरी फ्रीजर भेंट किया गया।  जिला कलेक्टर श्री संदीप जी आर ने फीता काटकर नई सुविधाओं का शुभारंभ किया। इस अवसर पर मुख्य चिकित्सा एवं स्वास्थ्य अधिकारी डॉ विजय पथोरिया एवं अस्पताल के अन्य अधिकारी-कर्मचारी उपस्थित रहे। नए उपकरणों के साथ छतरपुर जिला चिकित्सालय के सुविधाओं में वृद्धि होने के साथ ही हजारों नागरिकों को नई जाँचों का लाभ मिल सकेगा और त्वरित जांच प्राप्त हो सकेगी।कलेक्टर श्री श्री संदीप जी आर द्वारा इस अवसर पर अस्पताल परिसर में पौधा रोपण भी किया गया।  एस्सेल माइनिंग द्वारा लगातार छतरपुर जिले की स्वास्थ्य सेवाओं को उन्नत बनाने में सतत योगदान दिया जा रहा है। पूर्व में गुरुवार को कंपनी द्वारा बक्सवाहा के सामुदायिक स्वास्थ्य केंद्र को बड़ा मलहरा विधायक श्री प्रद्युम्न सिंह लोधी की उपस्थिति में एडवांस्ड लाइफ सपोर्ट एम्बुलेंस भेंट की गई। वेंटीलेटर जैसी सुविधाओं के सा

कर्नाटका बैंक ने इक्विपमेंट फाइनेंसिंग बिजनेस के लिये जेसीबी इंडिया लिमिटेड के साथ साझेदारी की

 कर्नाटका बैंक ने भारत में अर्थमूविंग एवं कंस्‍ट्रक्‍शन इक्विपमेंट बनाने वाली प्रमुख कंपनी जेसीबी इंडिया लिमिटेड के साथ एक समझौता ज्ञापन (एमओयू) पर हस्‍ताक्षर किये हैं। जेसीबी इंडिया लिमिटेड के साथ किए गए इस गठजोड़ की मदद से बैंक के एमएसएमई पोर्टफोलियो के तहत ऋण की सुविधा बेहतर होगी।   इस एमओयू के अंतर्गत, जेसीबी अपने फाइनेंस पार्टनर के तौर पर कर्नाटका बैंक को नॉमिनेट करेगी। परिणामस्‍वरूप, लोग/ठेकेदार/कंपनी/भागीदार कंपनियाँ/एलएलपी, आदि जेसीबी इंडिया लिमिटेड की उत्‍पाद श्रृंखला से विश्‍व-स्‍तरीय उपकरण खरीदने के लिये बैंक से प्रतिस्‍पर्द्धी ब्‍याज दरों पर लोन ले सकेंगे।    इस एमओयू पर हस्‍ताक्षर करने के बाद, कर्नाटका बैंक के प्रबंध निदेशक एवं सीईओ श्री महाबलेश्‍वरा एम.एस. ने कहा, “हमारा फोकस क्रेडिट विकास पर होने के नाते, बैंक एमएसएमई की फाइनेंसिंग में आगे रहता है। हम जेसीबी के साथ एमओयू पर हस्‍ताक्षर करके सचमुच खुश हैं, क्‍योंकि उत्‍कृष्‍टता, सत्‍यनिष्‍ठा और स्‍थायित्‍वपूर्ण विकास के हमारे मूल्‍य उनसे मिलते-जुलते हैं। हमारा बैंक अपने ग्राहकों को डिजिटल प्‍लेटफॉर्म के माध्‍यम से आकर्षक ब

*Reusable pads essential to make menstrual hygiene sustainable for all women and girls*

 If every woman and girl of menstruating age in India used disposable pads, 38,500,000,000 used pads would be discarded every month – an environmental disaster since each of these would take 500-800 years to degrade naturally XXX / May 26, 2021: Considering the immense non-biodegradable waste generated by disposable sanitary pads every month, sustainable menstrual hygiene in India can be achieved only with reusable pads made of organic material, said Anju Bist, Co-Director, Amrita SeRVe (Self Reliant Village) Program of Mata Amritanandamayi Math. Known as the “Pad Woman” of India for her zeal in promoting the use and reuse of sanitary pads made of cloth and banana fibre, she is the co-creator of Saukhyam Reusable Pads which have been awarded as the "Most Innovative Product" by the National Institute of Rural Development, Hyderabad. The pads were also lauded at the UN Climate Change Conference held in Poland in 2018. Said Anju Bist: “There are 355 million menstruating women an