Saurabh Agarwal has taken on the role of chief financial officer (CFO), redBus, the online bus-ticketing platform, which is part of the MakeMyTrip group. He moves from Livspace where he was serving in a similar capacity since 2014.
A commerce graduate from Sydenham College of Commerce and Economics, Agarwal has studied chartered accountancy, financial planning and services from the Institute of Chartered Accountants of India (ICAI). He has also completed the INSEAD Leadership Programme for Senior Executives (ILPSE).
In October of 2003, Saurabh Agarwal began a long 11-year association with Aditya Birla Sun Life Insurance. He joined as manager-planning and strategy, and five years into this role was promoted to senior manager-finance, in May of 2009. For the next 22 months, he led the implementation of the International Financial Reporting Standards (IFRS) project for the company as well as the Oracle system.
By June of 2010, he was elevated to AVP-distribution planning and strategy. For the next four years he successfully lead the strategy and new initiatives vertical for the Agency Channel and also created new business models.
November of 2014 saw Saurabh Agarwal relocating from Mumbai to Bengaluru to join Medlife.com as chief financial officer. For six years, he was part of Medlife’s e- health business journey, hitting a peak revenue run-rate of $200M+ within first five years of operations.
In October 2020 he joined Livspace as CFO. Now, four years into that role, he has been roped in by redBus to play CFO. Here, he will be responsible for the overall finance functions including finance operations, FP&A, risk and compliance, legal and taxation.
Prakash Sangam, CEO, redBus, is confident, “His track record in enabling high-growth businesses through strong financial acumen and building high-performing teams aligns well with our growth ambitions. As we scale across markets and product lines, his leadership will be key to shaping sound, future-focused financial strategies that power our next phase of growth.”
Agarwal himself is “looking forward to working closely with the leadership team to strengthen financial resilience and support the company’s global growth ambitions.”
