Author: Press Release

Turtlemint, India’s leading insurtech firm, has appointed Navvin Jaiin as Chief Business Officer to lead the growth initiatives across business verticals. This appointment is in line with the company’s long-term growth strategy of expanding its presence across multiple business verticals and ensuring universal insurance. Navvin is an insurance and banking industry veteran with over two decades of versatile experience across the financial services ecosystem. In his previous assignments, he has been instrumental in orchestrating a major transformation for a large scale organisation, by building new distribution channels, and partnerships with a clear focus on efficiency and profitability. Commenting on the…

Arvind Kumar has joined as Director General of Software Technology of India (STPI). Software Technology Parks of India (STPI) is an autonomous body under the Ministry of Electronics and Information Technology (MeitY), Government of India. STPI is fuelling the culture of tech entrepreneurship and innovation in the country by launching 25+ Centres of Entrepreneurship in emerging technology domains. NGIS is the flagship program of MeitY implemented by STPI to realize the vision of NPSP to democratize software product development in Tier-2/3 cities by providing a robust ecosystem, which will lead to IPR creation, product development, and generate employment opportunities for…

Pepperfry, India’s no.1 furniture and home products marketplacetoday announced the appointment of Akhilesh Chitlange as Vice President, Studio Activation. In his role, Akhilesh would be responsible for leading the organisation’s omni-channel efforts acrossCompany-Owned Company-Operated (COCO) and Franchise-Owned Franchise-Operated (FOFO) Studio businesses.The omnichannel model has been one of the strongest growth pillars for Pepperfry over the past few years and the brand has plans to continue expanding its omnichannel presence significantly.Akhilesh’s appointment is effective immediately and will be based out of the Pepperfry Corporate Office in Mumbai. In the last 2 years, Pepperfry Studios have emerged as a key touchpoint for…

HCL Technologies (HCL), a leading global technology company, has named Santhosh Jayaram Global Head of Sustainability, reaffirming the organization’s commitment to integrating sustainability as a key element of its business and growth. Jayaram’s appointment will help HCL refine and focus its existing agenda and strategy in the critical areas of Environmental, Social and Governance, and it will be instrumental in strengthening and scaling its current and future sustainability initiatives. He will also facilitate the integration of sustainability into existing business practices and within HCL’s stakeholder value creation. Before joining HCL, he led the sustainability and climate change practices at KPMG…

Veeva Systems (NYSE: VEEV) today announced a new leadership hire to deliver leading services that accelerate innovation for the global life sciences industry. Varadarajan “Raj” Srinivasan has been appointed as general manager, Vault Quality, India starting December 6th. “India is one of the largest manufacturers and exporters of pharmaceutical products by volume globally. We see a significant opportunity to accelerate the shift to digital and process automation across manufacturing and quality for the Indian pharma industry,” said Snehal Srikrishna, senior director, strategy – manufacturing and quality, Veeva Systems. Raj Srinivasan is a strategic business leader and partner to the life…

Former head of engineering at Amazon Lockers, Rajat Bansal, has joined as the Chief Technology Officer at Games24x7, one of India’s largest online gaming companies. A key addition to the company’s leadership team, Rajat, will be responsible for outlining and implementing the company’s technological vision and ensuring that the technological resources are aligned with the business needs. With an enriching experience of over two decades, Rajat has an illustrious track record in technology sector. In his tenure at Amazon, he served in the Amazon Prime Video Team before joining the leadership team for Amazon Lockers. Prior to Amazon, Rajat served…

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…