People Digest: BharatPe names chief business officer; Todd Combs to join Paytm board

Signage for digital-payments provider Paytm, operated by One97 Communications Ltd., is displayed at a shop selling printer cartridges in Mumbai, India, on Friday, Jan. 27, 2017. Photographer: Dhiraj Singh/Bloomberg

In the latest hires, BharatPe has roped in Pratekk Agarwaal as its chief business officer to lead its push into lending while Berkshire’s Todd Combs is set to join Paytm’s board.

BharatPe names chief business officer

Sequoia-backed digital payments company BharatPe, which onboards micro merchants for Unified Payments Interface-based transactions, has roped in Pratekk Agarwaal as its chief business officer to lead its push into lending.

He has over 18 years of experience across financial services, and has worked with companies like Indostar Capital, Bajaj Capital, and Fullerton India.

Agarwaal’s appointment comes at a time when BharatPe is looking to enter into lending and other financial services for merchants. BharatPe is looking to drive credit for more than 5 million merchants within the next one year, The Economic Times reported.

Berkshire’s Todd Combs to join Paytm board

Todd Combs, investment manager at Warren Buffett’s US-based investment company Berkshire Hathaway, is expected to join Indian payments giant Paytm’s board of directors, The Economic Times reported.

Combs had led Berkshire Hathaway’s $300-million investment in Paytm in August last year.

Apart from him, Yao Michael, SVP and head of corporate finance at Alibaba Group, will also join Paytm’s board. He would replace Joseph Tsai, founding member and executive vice-chairman of Alibaba Group, on the board.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.