BharatPe, one of India’s leading fintech platforms, has announced the appointment of Ajit Kumar, former Senior Vice President of Engineering at Paytm, as its new Chief Technology Officer (CTO). The move is aimed at strengthening the company’s technology leadership and accelerating its innovation roadmap in an increasingly competitive digital payments landscape.

Ajit Kumar brings over 19 years of experience in the technology and fintech sectors, having played a key role in scaling Paytm’s engineering operations and leading multiple product and platform initiatives. At BharatPe, he will oversee the overall technology strategy, drive product innovation, and enhance the company’s digital infrastructure to support rapid growth across merchant and consumer services.

The appointment comes at a time when BharatPe is aggressively expanding its offerings, which include QR-based payments, lending solutions, and digital banking services for small and medium enterprises (SMEs) in India. The company aims to leverage Kumar’s expertise to innovate faster, improve platform reliability, and explore new technological avenues such as AI, machine learning, and data analytics to enhance customer experience.

In a statement, BharatPe highlighted that Kumar’s leadership will be pivotal in aligning technology initiatives with the company’s broader business objectives. His proven track record in driving engineering excellence and scaling digital platforms is expected to reinforce BharatPe’s position as a leading fintech player.

Industry analysts view this appointment as a strategic move that will enable BharatPe to stay competitive amid the growing number of fintech startups and the expansion of traditional banking players into digital services. With a strong focus on technology-led growth, BharatPe is positioning itself to deliver innovative, reliable, and secure financial solutions to millions of merchants and consumers across India.

Ajit Kumar’s entry is anticipated to bring renewed energy to BharatPe’s technology division, ensuring that the company continues to innovate while maintaining operational excellence and delivering seamless digital payment experiences.