Mohit Bedi, cofounder of Kiwi, a fintech firm specializing in credit-on-UPI transactions, has resigned from his role as chief business officer (CBO) and will transition into an advisory position. This change is due to personal and family commitments, but Bedi will remain with the company until July 2024 and retains a significant equity stake, reflecting his confidence in Kiwi's future growth. Kiwi, co-founded in 2022 with Anup Agrawal and Siddharth Mehta, has established partnerships with four banks, including AU Small Finance Bank, Yes Bank, Axis Bank, and Punjab National Bank (PNB), and claims to have issued over 200,000 credit cards. The company raised $24 million in a Series B funding round in 2025, bringing its total funding to $43 million. Following Bedi's departure, Sumeet Basrani has been appointed as the new CBO, and the leadership team remains unchanged. CEO Anup Agrawal has previously stated that the company aims for profitability within two years.