Mohit Bedi, cofounder of the fintech startup Kiwi, announced his resignation as Chief Business Officer after four years of significant contributions to the company. In a LinkedIn post, Bedi expressed his intention to focus on personal and family commitments while remaining an advisor and long-term shareholder. He emphasized that Kiwi is in a strong position, with a solid team and vision, and that day-to-day operations will now be managed by fellow cofounders Anup Agrawal and Siddharth Mehta. Kiwi, which launched in 2023, has successfully issued 200,000 RuPay credit cards and processes over 5 million transactions monthly across 600 cities in India. The company raised $24 million in its last funding round in August 2022, with participation from investors such as Nexus Venture Partners and Omidyar Network. Kiwi has partnered with Yes Bank and AU Small Finance Bank to issue RuPay credit cards and offers UPI credit lines, enhancing consumer payment options in India.