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Exclusive | Three BharatPe senior execs leave company, blaming work culture

BharatPe has a network of over 5 million merchants across 35 cities and processes transactions worth $7 billion every month, the company says. However, beneath this rapid growth lies festering dissatisfaction among senior executives and a work culture becoming increasingly hostile, say sources.

November 24, 2020 / 01:22 PM IST

Three senior executives of fintech startup BharatPe, which aggregates QR codes for offline stores, who have blamed the startup’s aggressive work culture and lack of decision-making authority, have left the company, said three people aware of the matter, requesting anonymity.

Subhasis Beura, head of New Brands and Commerce; Pavan Pathak, Senior Vice President, Products; and, Aviral Gupta, Head of Investor Relations and Financial Planning, are leaving the two-year-old startup, only months after a series of senior-level appointments and exits.

In fact, some of the key leaders left this year without even bothering to wait for their ESOPs to vest the minimum period after which they can be sold, indicating how badly they wanted to leave, according to sources.

Beura and Pathak have been with BharatPe for close to 18 months, while Gupta has been there for nearly two years.