Shashvat will continue as a board director and remain involved in key areas such as fundraising, IPO plans, mergers and acquisitions, and long-term strategy.
In a personal note, he said the decision was driven by a desire to “explore new ideas and ventures,” highlighting curiosity as a core part of his entrepreneurial journey.
“For me, building has always meant following curiosity, returning to first principles, and exploring ideas that may not always succeed, but are worth pursuing. That same curiosity led me to put everything else on hold, including college, at the age of 19 in 2018, when we founded BharatPe on the IIT Delhi campus. It was about bridging a gap we clearly saw around us,” Nakrani wrote.
He remained with BharatPe through these leadership changes and con
Shashvat co-founded BharatPe with Bhavik Koladiya in 2017, with the company incorporated in 2018. Ashneer Grover later joined as a third co-founder the same year. Both Koladiya and Grover exited the company in 2022.
tinues to hold a significant personal stake in the company.
“For me personally, it’s a step towards exploring something new, while staying connected to what I have built. I will always care deeply about BharatPe and will continue to contribute to its journey in every way I can,” he added.
Nalin Negi will continue to lead the company alongside its board.
Also read: Viksit Workforce for a Viksit Bharat
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