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News on Medial
GoKwik appoints former PayU director Ravi Kant Arora as senior vice president of finance
IndianStartupNews
ยท
1y ago
Medial
Indian eCommerce enabler, GoKwik, has hired Ravi Kant Arora as the Senior Vice President of Finance. With over 15 years of experience in corporate finance, Ravi will oversee financial operations, planning, control, and compliance. Prior to GoKwik, he held senior finance positions at Stanza Living and PayU, where he contributed to financial planning, analysis, and business growth. GoKwik offers solutions to enhance the checkout experience and combat returns-before-delivery for eCommerce brands. It serves over 1,200 brands, including Lenskart and Mamaearth.
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PayU makes five new additions to board, Laurent Le Moal joins as non-independent director
Economic Times
ยท
1y ago
Medial
Indian fintech company PayU Payments has appointed five new members to its board of directors to strengthen corporate governance and risk management. Renu Sud Karnad, president of the International Union of Housing Finance and former managing director of Housing Development Finance Corporation, has been appointed chairperson and independent director. Laurent Le Moal, former global CEO of PayU, has joined as a non-independent director, while Jan Bune, Gopika Pant, and Jairaj Purandare have also joined as directors. PayU India is working towards a public listing and is awaiting a decision on its payment aggregator license from the Reserve Bank of India.
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PayU Payments Appoints Ex-HDFC MD Renu Sud Karnad As Chairperson Of Board
Inc42
ยท
1y ago
Medial
PayU Payments, a digital payments major backed by Prosus, has made five new appointments to strengthen its board. Renu Sud Karnad, former MD of HDFC, joins as an independent director and chairperson. Other appointments include Gopika Pant and Jairaj Purandare as independent directors, Laurent Le Moal, former global CEO of PayU Group, as a non-executive and non-independent director, and Jan Bune as a non-executive and non-independent director. The board members will provide strategic counsel to guide PayU Payment in its next phase of growth. PayU Payments offers payment gateway solutions to online businesses and is preparing for a $500 million IPO.
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IndiGo appoints ex-NITI Aayog CEO Amitabh Kant as non-executive director
IndianStartupNews
ยท
12d ago
Medial
Low-cost airline IndiGo has appointed former NITI Aayog CEO Amitabh Kant as a non-executive director on its board, pending regulatory and shareholder approvals. Kant, known for initiatives like Make in India, has had a distinguished career in governance reform and sustainability projects. His experience will support IndiGo's international expansion and positioning as a global aviation leader. Kant expressed excitement about contributing to India's transportation revolution and IndiGo's growth in trade, tourism, and economic sectors.
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MobiKwik appoints Saurabh Dwivedi as CTO to spearhead AI plans
YourStory
ยท
16d ago
Medial
MobiKwik has appointed Saurabh Dwivedi as its chief technology officer to lead its AI-driven fintech innovations. Previously Senior Vice President - Engineering since August 2023, Dwivedi has significantly contributed to developing robust engineering teams and platform scaling. His current focus includes advancing AI initiatives for product development and customer engagement. Additionally, Dhruv Wadhera has been promoted to Senior Vice President, Offline Payments to enhance the company's presence in Tier II and III cities.
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J&K Bank appoints Ketan Kumar Joshi as new CFO
Economic Times
ยท
17d ago
Medial
Jammu and Kashmir Bank has appointed Ketan Kumar Joshi as its Chief Financial Officer for a three-year term, replacing Fayaz Ahmad Ganai. Joshi, a seasoned banking and finance professional with over two decades of experience, previously served as CFO at North East Small Finance Bank Ltd, where he implemented key initiatives. His career spans roles in Afghanistan with Maiwand Bank, Bakhtar Bank, and Ghazanfar Bank, and as Senior Vice President at Bank of Tokyo-Mitsubishi UFJ Ltd, Mumbai.
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Swiggy Bulks Up Leadership; Eyes Wider Services Play
Inc42
ยท
8m ago
Medial
Swiggy has hired Shalabh Shrivastava, a former Flipkart executive, as the Senior Vice President of Driver Organization. In addition, Hari Kumar G has been appointed as the Senior Vice President and Chief Business Officer of Instamart. Swiggy is reportedly piloting a services marketplace called 'Yello' to provide professional services to consumers. The company is also launching Rare Life, a concierge service targeting high-net-worth individuals.
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Honasa appoints Flipkartโs Yatish Bhargava as CBO
Entrackr
ยท
29d ago
Medial
Honasa appoints Flipkartโs Yatish Bhargava as CBO Honasa Consumer Limited, the parent company of Mamaearth, has appointed Yatish Bhargava as Chief Business Officer with immediate effect. The post had been vacant since February 28, following the resignation of Zairus Master, who left the Gurugram-based firm citing personal reasons. Bhargava will also be designated as a Senior Management Personnel, the company informed in a stock exchange filing. Bhargava brings over 17 years of experience in P&L management and leading large-scale teams across general trade, modern trade, and e-commerce. Prior to joining Honasa, he held senior leadership roles at Flipkart and Hindustan Unilever Limited. Recently, Honasa elevated Karan Bajwa, who had been serving as Senior Vice President of Human Resources, to Chief Human Resources Officer (CHRO), and Avinash Dhagat, formerly Senior Vice President of Supply Chain, to Chief Supply Chain Officer (CSCO).
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Fireside Ventures appoints former Flipkart exec as operating partner
VCCircle
ยท
8m ago
Medial
Adarsh Menon, former senior vice president at Flipkart, has been appointed as an operating partner at Fireside Ventures, a consumer brands focused venture capital firm. Menon, who brings over 20 years of experience in sales and marketing roles, will lead strategic initiatives and join the boards of select portfolio companies. Fireside Ventures is expanding its management team, and Menon's expertise in scaling businesses and knowledge of the FMCG and e-commerce sectors will be valuable for the firm and its portfolio companies.
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Groyyo Appoints Smita Verma Kansal As CBO
Inc42
ยท
9m ago
Medial
Groyyo, an AI-driven platform, has expanded its leadership team with the appointments of Smita Verma Kansal as Chief Business Officer (CBO) and Alessandro Bertini as Vice President Commercial. Kansal, previously a Senior Vice President at Geniemode, will focus on US exports and global expansion, while Bertini will enhance commercial strategies and brand partnerships. Groyyo has reported a substantial revenue growth of 19 times, reaching INR 509.8 crore in FY23, and aims to further strengthen its services to over 110 brands across 10 countries.
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Google, SoftBank's former executive Nikesh Arora becomes billionaire
Money Control
ยท
1y ago
Medial
Nikesh Arora, the 55-year-old former senior executive at Google and former President of SoftBank Group, has become a billionaire, Bloomberg reported. Arora's stake in US-based cybersecurity company Palo Alto Networks, where he's currently the CEO, is now worth $830 million. Combined with pay awards he secured earlier in his career, Arora's net worth stands at $1.5 billion.
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