Shashvat Nakrani

• Shashvat Nakrani, a 23-year-old Indian entrepreneur, is the co-founder of BharatPe, a payments app.
  
  
• During his third year of college, he recognized the necessity for a dedicated payment gateway that would enable merchants to accept various payment apps like Paytm, Google Pay, BHIM, PhonePe, and others using a single QR code without compromising their margins.
  
  
• Shashvat aimed to establish BharatPe as a genuine partner for small and medium enterprises (SMEs) in India.
  
  
• Through their innovative interoperable UPI QR system with zero transaction fees, BharatPe managed to carve out a niche in society and pique the interest of merchants.
  
  
• Recently, Shashvat Nakrani earned recognition as the youngest self-made billionaire born in the 1990s to feature in the IIFL Wealth Hurun India Rich List.
  
  
• Among the 1,007 individuals listed, he is one of 13 billionaires with wealth exceeding Rs 1 lakh crore.
  
  
• According to the IIFL Wealth Hurun India Rich List 2021, "13 individuals born in the 1990s, all self-made, made the list. Shashvat Nakrani, 23, from New Delhi, the co-founder of the payment app BharatPe, is the youngest self-made billionaire."

Male

Unmarried

• Shashvat Nakrani, at 23, is recognized as the youngest self-made individual on the IIFL Wealth Hurun India Rich List 2021.
  
  
• He holds the distinction of being the youngest co-founder in India's Fintech space.
  
  
• BharatPe, India’s largest Fintech Company, boasts a network of over 20 lakh merchants and facilitates free UPI payments through a single QR code.
  
  
• The company received the DigiDhan Mission Fintech Award 2018-19 at the MeitY Startup Summit 2019 for its innovation in digital payments using emerging technology.
  
  
• BharatPe won the National Startup Award 2020 in the Fintech category.
  
  
• It is the first digital payments app to acquire 100 percent ownership of Payback India, a multi-brand loyalty program, from American Express and ICICI Investments’ strategic fund.