Author: Press Release

ACKO has announced the appointment of industry veteran Sanjeev S as part of its leadership team. Sanjeev will also be joining the Board of Directors of ACKO Insurance. ACKO aims to meaningfully redefine the protection category for consumers. The company plans to enter the health insurance business and has recently announced a Series D fundraise upwards of $250mn, making it India’s latest Unicorn. The fundraise was led by General Atlantic and Multiples Private Equity. The round also included participation from Canada Pension Plan Investment Board and Lightspeed, as well as existing investors, Intact Ventures and Munich Re Ventures. Sanjeev’s appointment…

Mcapital, the lending arm of Mswipe, today announced the appointment of Rohit Agrawal as Chief Executive Officer. Rohit, who has more than 15 years of experience in financial services and lending, will spearhead Mcapital with a view to achieve Rs 1,000 crore AUM by March 2024 In his new role, Rohit will expand Mswipe’s core payments business by building a robust merchant financing and small loans vertical through Mcapital. He will also oversee the adaptation of innovative technology in creating new credit products for SMEs. Rohit’s appointment is a crucial step towards strengthening the core leadership team at Mswipe. Rohit,…

ZebPay, India’s most trusted and oldest crypto asset exchange, has announced the appointment of Tarun Jain as its Chief Financial Officer (CFO). Tarun will shape the strategic and long-term financial direction of ZebPay’s business. He will work closely with the organization’s leadership team to scale the organization and its systems for the next phase of growth. With more than 17 years of experience as a chartered accountant with various startups and MNCs, Tarun possesses strong expertise in financial management, investor relations, fundraising, strategic planning, commercial negotiation, and risk management. Before joining ZebPay, Tarun was working as the CFO for Lithium…

The Company also announced a strategic change in its leadership structure, further improving the corporate governance framework with the role of Chairman and Managing Director now being split, with Mr. Aakash Moondhra (Independent Director) being designated as the Chairman, while Mr. Lalit Agarwal would continue in his role as the Managing Director. Aakash Moondhra is the Global CFO of PayU, a Naspers group company, and continues to remain an independent Director on the board of VMart.   Commenting on the new development Lalit Agarwal, MD said “The appointment of Aakash as the chairman will herald a new era of corporate…

Shriram Capital Limited, India’s leading Financial Conglomerate, today announced the appointment of Mr. Ajay Thomas John as Chief Digital Officer to lead the digital transformation at the company. At the Shriram Group, digital transformation is a critical mission across its various financial services and insurance businesses with a thrust on innovation. Ajay as the CDO will drive the group’s digital strategies and omnichannel customer experience The Shriram Group has been championing tech-driven innovation. Shriram City Union Finance recently launched AI-enabled loan offering for two-wheeler loans, whereas Shriram Transport Finance is the first company to use blockchain to issue digital fixed…

Jetfreight Logistics announces the appointment of Mr. Arvind Kumar Talan as its Chief Financial Officer. He joined the company on October 21, 2021. The newly appointed CFO is a fellow member of the Institute of the Chartered Accountants of India with additional qualifications of Company Secretary, LL.B., CPA (Australia) and MBA amongst others. Mr. Talan was last associated for more than 14 years with Mahindra group as General Manager (Finance & Accounts). He handled various assignments under different sectors at different locations including as Chief Financial Officer & Company Secretary of Mahindra Australia for 5 years. During his tenure in…

Global travel-tech company, OYO, has announced the elevation of Ankit Gupta to Chief Executive Officer, Franchise & Frontier – India. As a part of his expanded responsibilities, Ankit will be leading OYO’s flagship Hotels & Homes business as well as other verticals. Ankit has been instrumental in significantly strengthening the India business over the last two years. He will continue reporting to Rohit Kapoor, CEO, OYO India & South-East Asia. Ankit will focus on key areas of the business including revenue growth, patron trust, consumer experience and delivering on key business metrics through technology and business innovation for India, which…

Shaswat Kumar joins the executive leadership team of Darwinbox, the youngest and the only Asian player to feature on Gartner’s Magic Quadrant for Cloud HCM Suites 2021.The ex-Alight APAC Headcomes on board as the Senior VP of Global Customer Success and Delivery. As a company that has not just witnessed but been at the forefront of Cloud acceleration in the HR space, growth singularly means Value Realization for customers. Shaswat’s addition to the leadership team is a leap towards fast-tracking Darwinbox’s growth by delivering maximum value to its 600+ customers and 1.3mn users worldwide to become a global HCM leader.…

Nupur Recyclers, the pioneer in metal scrap processing and recycling in India, has appointed Mrs Gurjeet Kaur Awapal and Mr Bharat Bhushan Mithal, having 2 years and 40 years of experience respectively, as its new Independent Directors on Board. Mrs Gurjeet Kaur Awapal is an Associate Member of the Institute of Company Secretaries of India and has worked with some of the leading companies ensuring compliance with statutory and regulatory requirements and that decisions of the board of directors are implemented effectively. Mr Bharat Bhushan Mittal, on the other hand, is a fellow member of the Institute of Chartered Accountants…

SKILL-LYNC, engineering education start-up, recently appointed Nikhil Mittal as the Head of Growth. Nikhil will be heading the growth function at Skill-Lync, which involves overlooking Marketing and Sales org and making sure to build robust processes to help Skill Lync become leaders in the segment of higher education. His earlier stint includes working with Vodafone, Zain Telecom, Tata Docomo, and Ericsson across India and international geographies. Prior to Skill-Lync, Nikhil served as VP Marketing at WhiteHat Jr. as an early member of the core team where he spearheaded the growth both from the demand and supply side. His experience has…

Spice Money, India’s leading rural fintech, today announced the appointment of four senior leaders – Vivek Venkatesan as Chief Financial Officer for Spice Money, Sameer Nagpal as Chief Business Officer for Spice Money, Vishal Jain as Chief Business Officer for the new Lendtech Business Entity (JV between Spice Money & Israel based Tarya Fintech), and Bishnu Prasad Mohanty as Chief Operating Officer for Travel Union. The new appointments are aligned with the company’s vision of becoming the most admired rural fintech brand in India. Spice Money has witnessed stellar growth in FY21 on the back of its 7 lakh+ Adhikari…

ZipLoan, an RBI-registered FinTech leader in India, has announced the appointment of Mr. Pratik Adatia as Chief Financial Officer. Mr. Adatia will be a notable addition to the company’s ongoing advancement in the FinTech market. He will be leading the Finance (fundraise, treasury, co-lending and FPA), Legal & Compliance verticals at the organization. Mr. Adatia brings in over 20 years of experience in the investment management and banking industry; focusing on investments, asset management, investment banking, corporate finance, audit and internal controls. Prior to joining ZipLoan, he served as Vice President at Macquarie Asset Management, a globally leading alternative asset…

Quick Heal Technologies Limited, one of the leading providers of cybersecurity and data protection solutions, today announced the appointment of Mr. Navin Sharma as the Chief Financial Officer. With 17 years of experience in the software and manufacturing industry, Navin will drive the company’s financial performance and bring greater rigor to the company’s ongoing investments in next-generation technologies and M&A initiatives. Navin has a proven track record in driving financial growth for technology companies on a global level. He joins Quick Heal from Sterlite Technologies where he was the Chief Financial Officer for the technology business. Prior to joining Sterlite…

A disruptor in the Cloud HCM space, Darwinbox makes its debut into Gartner’s Magic Quadrant (MQ) for Cloud HCM suites for 1000+ employee Enterprises. Darwinbox is the youngest entrant to Gartner’s MQ since its inception in 2016 and is also the only Asian origin player that currently sits on the Quadrant. Amidst rapid digitalization in today’s hybrid/digitally connected workplace, Gartner report affirms – “By 2025, more than 60% of mid and large enterprise organizations will have invested in a cloud-deployed HCM Suite for HR administration and talent management.” Darwinbox assumes its position in the MQ alongside heavy hitters like SAP,…

Mr. Sharma brings with him more than 35 years of rich corporate work experience having led large teams, for Global and National brands of repute. He has strengthened businesses and brands across diverse sectors like FMEG, ECM, Lighting and Consumer Durables, that saw accelerated industry leading growth in both revenues and profits. Prior to joining Polycab India, Mr. Sharma was Managing Director, Panasonic Life Solutions India where he was the first Indian Managing Director, to head the electricals arm of Panasonic Group in India. Mr. Inder.T. Jaisinghani, Chairman & Managing Director, Polycab India Ltd., said, “Vivek brings with him an…

Toshiba India Pvt. Ltd. (TIPL) today announced the appointment of Mr. Shuichi Ito as the Managing Director, effective October 01, 2021. Mr. Ito will lead TIPL to the path of next level of growth across group’s energy and social infrastructure businesses in the country. A law graduate from Kyushu University of Japan, Mr. Ito comes with almost three decades of strong and diverse experience in Toshiba’s international energy business. Mr. Ito will succeed Mr. Tomohiko Okada who was at the helm of TIPL’s operations for more than five years. Welcoming Mr. Ito to his new role, Mr. Okada said, “During…

To bolster its goal of building a robust and diverse MSME portfolio and strengthen the top management team to provide the necessary leadership direction and support towards the same, Jana Small Finance Bank announced the appointment of Sumit Aggarwal as the head of MSE & Supply Chain under the category of Key Managerial Personnel. A veteran of the banking sector with 31 years of experience, Aggarwal has managed businesses in Asia, Middle East, Africa and Europe focusing on trade, supply chain finance and cash management. Prior to joining Jana Bank, he has worked with Emirates National Bank of Dubai as…

Share India Securities Limited has announced the appointment of Dr. Ravi Singh as Vice President and Head of Research. Dr. Singh is a well-known industry professional, with extensive experience in the financial sector. He holds a Doctorate in statistics with a working experience of over 17 years in the financial industry. Dr. Sigh will be a spokesperson on behalf of Share India Securities Limited across multiple communication channels and formats for various investment related insights. “We are delighted to welcome Dr. Ravi Singh to our growing team of industry veterans. As a SEBI registered research analyst, he brings key skill…

StashFin – a digital lending venture dedicated to making credit lending easy, transparent, safe and secure for borrowers across India–has appointed Jitendra Jain as Vice-President of Finance. Jain will be responsible for overseeing all financial functions, including accounting, budgets, credit, insurance, tax and treasury. Jitendra Jain has 12 years of finance and accounts experience, having led the function at Satin Finserv Limited, SpandanaSphoorty Financial Limited and Spectra International Limited. At StashFin, he will provide leadership, direction and management to the finance and accounting team, and enable strategic endorsements with the CEO and the executive management team. Tushar Aggarwal, CEO and…

vCloudx, the company behind Asia’s leading cloud communication platform EnableX.io, today announced the appointment of Pratibha K. Advani as its Chief Business Officer. In this key leadership role, she will be responsible for spearheading the global expansion of vCloudx through strategic partnerships and increasing the geographical footprint of the company, as well as leading investor engagements. With over three decades of professional experience with marquee Indian Corporates & global MNCs in the areas of Business Strategy & Transformation, Corporate Finance, Mergers & Acquisitions & Investor Relations, Pratibha will head the organisations’ foray outside its domestic market and work towards achieving…

Kia India (KIN) today announced that Tae-Jin Park, Executive Director and Chief Sales & Business Strategy Officer (CSBO) will assume the role of Managing Director and CEO, Kia India, effective on 4th October 2021. Mr Park has been associated with Kia India since January 2020. Mr T J Park will succeed Mr Kookhyun Shim, the current MD & CEO of Kia India, who played a crucial role in introducing the Kia brand in India. Under his supervision, Kia India completed its manufacturing unit in Anantapur, Andhra Pradesh, and started mass production of vehicles in record time. Under his dynamic leadership,…

Viacom18 announced today that Jyoti Deshpande has been appointed as CEO of Viacom18 with immediate effect. Jyoti is already serving on the boards of Network18 and investee companies Balaji Telefilms and Saavn Media. In her new assignment, Jyoti will help bring synergies across all of Reliance’s media interests and investments and further equip the company to drive significant growth opportunities as the industry embraces digital transformation. Jyoti brings 27-plus years of experience in the media and entertainment business. She joined Reliance Industries in 2018 as President – Media Platform & Content, after having successfully built a leading media company and…

Plum – a home-grown, 100% vegan, PETA certified, clean beauty brand is strengthening its leadership team as it looks to deepen its omni-channel network across geographies, expand its product offering across newer segments and drive business transformation. The company has announced the appointment of Shivani Behl as Chief Marketing Officer and Gaurav Sarda as Chief Financial Officer. The new appointees will work closely with Shankar Prasad, Founder & CEO, to further accelerate growth of brand Plum. With over 150 SKUs, Plum has steadily built its customer base on both online and offline platforms. In addition to being among the top…

TE Connectivity, a world leader in connectivity and sensors, announced the appointment of Vishwanath S as General Manager for its India Operations with effect from 1st September 2021. Vishwanath will be responsible for driving TE Connectivity’s current India business strategy and successful execution of future growth plans. Viswanath has more than 25 years of executive and general management experience at TE. He currently serves as the Finance Director for India and has executive responsibility for TE’s India Shared Service Center and India Engineering Network. He was previously business head for TE’s Transportation Segment in India where he showcased significant management…

Amazon today announced the launch of Amazon Future Engineer, its global computer science (CS) education program, in India. The program will enable access to quality CS education and career opportunities for students from underrepresented and underserved communities. In the first year of its launch, Amazon aims to enable and deliver CS learning opportunities to more than 1 lakh students from 900 government and aided schools across seven states in India. While a million students enroll in CS engineering courses annually in India, the participation of students from underserved and underrepresented communities remains significantly low on account of multiple factors, including…

Quick Heal Technologies Limited (‘’Quick Heal’’), one of the leading providers of cybersecurity and data protection solutions to consumers, businesses and government, today announced the appointment of global industry veteran Richard Stiennon to its board. The appointment comes at a time when Quick Heal is accelerating its research and development efforts aimed at foraying into next-generation solutions like Zero Trust, Data Privacy and Endpoint Detection and Response. With over 25 years of rich experience, Richard is one of the most renowned analysts and thought leaders in the global cybersecurity industry. During his career, he had advised the executive teams and…