The new appointments are in line with the company’s vision of becoming the most acclaimed rural fintech brand in India. Spice Money has seen strong growth in FY 2011 and plans to grow rapidly by introducing new lines of business and product offering, which will be driven by the senior leadership of the company.
Vivek Venkatesan, a Chartered Accountant with over 20 years of experience in the banking and fintech industries, will lead the financial strategy at Spice Money to achieve the company’s business expansion and profitable growth goals. Prior to joining Spice Money, Vivek worked as CFO at Jio Financial Services. “We are extremely excited to grow aggressively and look forward to raising capital to fuel our growth plans,” Venkatesan said in a release.
Sameer Nagpal with over two decades of experience in Business & Sales Strategy, Growth Management and Business Operations will work towards growing the business and services offered by Spice Money. An INSEAD alum and MBA in Marketing, Sameer was the last with Lendingkart as head of revenue operations and disbursement. “I look forward to taking forward the strategic initiatives that bring Spice Money closer to realizing the full potential of its financial inclusion mission,” Nagpal said.
Vishal Jain, with over 16 years of experience in the banking, consumer tech and financial services industry, will lead Spice Money’s new JV unit with Taria, which will focus on setting up a LendTech business that meets India’s specific needs. and fills the credit gap for the same. MSME. In his last term, Vishal was the Vice President of Lending Business at Paytm. “We aim to enrich lives in the most credit underserved segment in India through innovative and comprehensive credit products,” he added.
With the launch of Travel Union, India’s first rural B2B travel tech platform, Bishnu Prasad Mohanty has been promoted as Chief Operating Officer of Travel Union. Mohanty will lead the business operations and overall strategy of the travel union. “With the launch of Travel Union, we aim to further our endeavor to create innovative technology lead solutions that meet the travel needs of consumers in India. I am excited to accelerate growth for Travel Union, as we continue to offer customized and industry first travel solutions and solutions for the under-served rural community,” Mohanty said.
Spice Money CEO Sanjeev Kumar said, “The new senior leadership appointments are a testimony to our mission to empower rural India digitally and financially.”
These leadership appointments are strategically aligned with Spice Money’s objective to strengthen human capital within the company and with people with the right skills as well as experience, to drive the next level of growth for the company .