BharatPe Governance Failure in a StartUp Arun Kumar Tripathy Nidhi S Bisht
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I wrote: My personal story starts back in the year 2016, when I started my first venture in the world of entrepreneurship with 3000 Rs. As my initial startup capital. At the time of starting this startup, I had a plan and a mentor who supported me in almost every step. However, I soon realized that the idea behind our startup was unique, and we needed to have the right team to execute it, and I also wanted to be the CEO of our company. At that point, my life took a new turn
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BharatPe’s Governance Failure in a Startup BharatPe has become the talk of the town with the launch of its new funding round and the acquisition of the Hinduja bank by the company. The company’s leadership has become the talk of the town. It was Arun Kumar Tripathy, former group CEO of HDFC Bank, who had recently joined BharatPe. He is credited with reviving HDFC Bank from its nadir. Now he is on his way to reviving the bank.
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BharatPe Governance Failure in a StartUp “The StartUp industry is a risky business and a failure is never a personal loss. BharatPe was one of the most promising startups. It was established with the aim of providing a seamless payments and finance service for the underbanked and the unbanked segments. It started with a mission to provide loans to 100 million women in India, by 2020, by creating an ecosystem that ensures transparency, security, and
PESTEL Analysis
BharatPe is an Indian neobank that caters to digital financial services. get redirected here The company provides services like online loans, mobile banking, money transfers, investments, insurance, and other banking services. The company was founded in 2018 by Nitin Gupta and Rana Kapoor and has its headquarters in Noida, India. The management structure of BharatPe has a few key players. The topmost level has CEO (Saurabh Dube), CTO (Vijay Chheda), and CO
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Say, Arun Kumar Tripathy is a co-founder of a start-up called BharatPe. Its mission is to empower small businesses with digital payment gateway services. And to achieve that, the BharatPe board appointed its managing director as the CEO. BharatPe is not like other start-ups. Its leadership is weak. So it’s a governance failure. It is a management-led decision-making structure. The managing director and CEO are overlooking to keep a check on the work
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It is an unfortunate reality of startups that governance and management practices become a significant challenge. The story of BharatPe, the fintech unicorn, is a classic example of how governance and management have let down a promising fintech startup. The current management of BharatPe failed to recognise the severity of the situation, despite facing challenges such as a poor brand recall, ineffective product-market fit, and poor execution. BharatPe, which raised a total of $1.7 billion in funding,