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BharatPe Flex is designed to provide greater flexibility in managing everyday expenses without requiring users to switch to a separate payment platform.
Bedi, who is transitioning into an advisory role, will remain at the firm until July.
With over 15 years of experience, Basrani previously worked at OneCard, ICICI Bank and Visa.
The credit card offers lifetime free usage, rewards on all spends, fuel surcharge waivers, and scan-and-pay convenience through UPI-enabled merchant QR codes.
Zaggle will leverage Rio Money's network of over 3,400 corporate customers to offer the co-branded Yes Bank Rio RuPay Credit Card to over 3.2 million users.
