Spice Money strengthens its senior leadership team

Asia's Tech News Daily

spice money, vivek venkatesan, sameer nagpal, vishal jain, bishnu prasad mohanty, tarya fintech, travel union, sanjeev kumar

Rural fintech company Spice Money has announced the appointment of four senior leaders. This includes 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 strong growth in FY21 and has plans to continue to grow rapidly while introducing new lines of business and product offerings which will be helmed by the senior leadership of the company.

Vivek Venkatesan, a Chartered Accountant with 20 years of experience across the banking and fintech industries will drive the financial strategy at Spice Money to achieve the company’s goals of business expansion and profitable growth. Prior to joining Spice Money, Vivek has worked as the CFO at Jio Financial Services. “We are extremely bullish on growing aggressively and will look forward to raising capital to fuel our growth plans,” said Venkatesan in a release.

Sameer Nagpal, a business leader with over two decades of experience in business & sales strategy, growth management and business operations will work towards scaling up the business and services offered by Spice Money. An INSEAD Alum and MBA in Marketing, Sameer was last with Lendingkart as Chief of Revenue Operations and Disbursements. “I am looking forward to driving strategic initiatives that bring Spice Money closer to realising the full potential of its financial inclusion mission,” said Nagpal.

Vishal Jain, with over 16 years of experience across Banking, Consumer Tech and Financial Services industry will lead Spice Money’s new joint venture entity with Tarya with a focus on establishing a Lendtech business that caters to the specific needs of Bharat and fills the credit gap for MSMEs. In his last assignment, Vishal was the Vice President for Lending Business at Paytm. “We aim to enrich lives in the most credit underserved segments in India through innovative and comprehensive credit products,” he said.

With the launch of Travel Union, India’s first rural B2B travel tech platform, Bishnu Prasad Mohanty has been elevated as the Chief Operating Officer for Travel Union. Mohanty will spearhead the business operations and overall strategy for Travel Union. “ With the launch of Travel Union, we aim to further our efforts of creating innovative tech lead solutions catering to travel needs of Bharat consumers. I am excited to drive growth for Travel Union, as we continue to offer customised and industry first travel solutions and offerings to the underserved rural community,” said Mohanty.

Sanjeev Kumar, CEO, Spice Money, said, “The new senior leadership appointments are a testimony of our mission of digitally and financially empowering rural India.”

These leadership appointments are strategically aligned with Spice Money’s aim to strengthen human capital within the company and having people with the right skills as well as experiences, thereby driving the next level of growth for the company.

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

New liquor policy to ensure wider choice of liquor brands, says Delhi Govt

Representative image Delhi government has introduced a new excise policy that will ensure a wider choice of liquor brands to tipplers in the National Capital. The new liquor policy introduced ... Read more »

EFT, China's DEC sign $49 million deal to build solar plant in Bosnia

EFT’s 300 MW coal-fired power plant, the first and biggest private investment in the country’s energy sector by UK based Energy Financing Team (EFT), is seen in Stanari near Doboj ... Read more »

Home prices in Norway fell by 0.6% in November

Home prices in Norway fell by 0.6% in November. At the same time, a record number of homes were sold. “Home prices in Norway fell in November, and with falling ... Read more »

One in six not able to buy essential food, ONS survey finds

Some 43% of Brits said they saw less variety in shops. Photo: PA A majority of Brits saw their cost of living increase due to the pandemic and one in ... Read more »

Over 126 crore Covid vaccine doses administered in India so far: Health Ministry

The cumulative number of COVID-19 vaccine doses administered in the country crossed 126 crore on Friday, the Union Health Ministry said. More than 66,58,055 doses have been administered till 7 ... Read more »

PM Narendra Modi to visit Gorakhpur in UP on December 7, to inaugurate Rs 9,600-crore development projects

PM Narendra Modi Prime Minister Narendra Modi will visit Gorakhpur, the home turf of Uttar Pradesh Chief Minister Yogi Adityanath, on December 7 and inaugurate development projects worth over Rs ... Read more »

Bank employee associations plns to fight against government plan to privatise public sector banks

Bank employees associations are planning to escalate their fight against the government’s plan to privatise public sector banks. The United Forum of Bank Unions (UFBU), an umbrella body of nine ... Read more »

Ebay UK sales boom in run up to Christmas as used items listings surge

Just under half a million people listed products to sell on eBay UK last week. Photo: Reuters Ebay (EBAY) UK saw a major surge in people listing preloved items on ... Read more »

Ford aims to be world's #2 electric vehicle maker within two years - COO

FILE PHOTO: Ford Motor Company headquarters in Cologne By Paul Lienert (Reuters) – Ford Motor Co expects to be the world's second largest electric vehicle manufacturer within two years, with ... Read more »

My first boss: British tea mixologist Krisi Smith

Krisi Smith, co-founder of Bird & Blend. Photo: Bird & Blend Before the age of 23, Krisi Smith had held 37 different job roles. Her employment status often resulted in ... Read more »

D-Street may see a volatile week ahead with central banks in focus

NEW DELHI: Going ahead, Dalal Street is eying a repeat of the week gone by. Volatility will be a central theme for the markets as traders jostle to grasp the ... Read more »

Wall Street opens higher as weak jobs growth eases aggressive taper bets

Wall Street‘s main indexes opened higher on Friday after weaker-than-expected growth in U.S. jobs eased some concerns about the Federal Reserve’s quicker tightening of monetary policy. The Dow Jones Industrial ... Read more »

How to get the free at-home Covid tests promised by White House

CandyRetriever | iStock | Getty Images Tens of millions of Americans should soon have access to free at-home Covid tests. The White House made the announcement amid fears of a ... Read more »

Omicron: Karnataka government orders probe into test reports of S.A. national that allowed him to leave India

A day after two cases of the new Omicron variant of coronavirus was detected in the state, the Karnataka government on Friday ordered a probe into test reports of the ... Read more »

CJI N V Ramana sends proposal to set up National Judicial Infrastructure Authority of India

Days after Chief Justice of India N V Ramana pressed for establishing a new body to improve judicial infrastructure, the government on Friday said it has received a proposal from ... Read more »

Small Business Saturday 2021: How Londoners can help SMEs facing ‘really tough time'

Londoners are being urged to shop local to support independent businesses (PA Wire) Grassroots campaign Small Business Saturday is back for the ninth year in a row, and is set ... Read more »

Kensington and Chelsea tipped to lead UK property market in 2022 as overseas buyers return to London

The garden square at Wetherby Gardens Kensington (Winkworth) The return of overseas buyers means expensive central London houses should lead the British property market next year when it comes to ... Read more »

Rajya Sabha reserves decision on introduction of private member's bill on amending preamble of Constitution

Opposition MPs on Friday stalled the introduction of a private member’s bill by BJP MP K J Alphons that seeks to amend the preamble of the Constitution. Deputy Chairman Harivansh ... Read more »

Difficult for India to achieve climate goals without compromising economic targets: Oxford Economics

India’s new climate goals will be difficult to achieve without significantly compromising the country’s stated economic targets and its ambition to become a USD 5 trillion economy by 2024-25, according ... Read more »

CDSCO approves shelf life of COVID-19 vaccines

Representative image The Central Drugs Standard Organisation (CDSO) has approved the shelf life of COVID-19 vaccines Covaxin to 12 months, Covishield to nine months, and ZyCoV-D to six months from ... Read more »

Covishield current monthly production capacity 250-275 million doses, Covaxin 50-60 million doses: Govt

As communicated by the Serum Institute of India, the current monthly production capacity of anti-Covid vaccine Covishield is 250-275 million doses, the government informed Lok Sabha on Friday. Further, as ... Read more »

Britain's Ofgem appoints EDF to take on Zog Energy customers

World Nuclear Exhibition (WNE), the trade fair event for the global nuclear community in Villepinte LONDON (Reuters) – British energy regulator Ofgem has appointed EDF to take on the customers ... Read more »

When Amazon came to town: Swindon feels strain as new depot sucks up jobs

Photograph: Graeme Robertson/The Guardian Firm has hired 2,000 staff in a matter of months in Wiltshire town, with ripple effect on other businesses On an industrial estate outside Swindon, it’s ... Read more »

There's no reason why Ford shouldn't break above $20, trader says

Ford's fate looks rosy to Inside Edge Capital Management founder Todd Gordon. With shares of the automaker meeting resistance in the $20 range, “I see no reason” why they can't ... Read more »

Decision on booster dose, jabs for kids to be taken based on expert advice: Health Minister Mansukh Mandaviya

A decision on booster dose and Covid jabs for children will be taken on the basis of scientific guidance from experts, Health Minister Mansukh Mandaviya said on Friday even as ... Read more »

After India confirms Omicron cases, WHO calls for strengthening response measures in South-East Asia

As India confirmed two cases of Omicron, the World Health Organization on Friday said countries in the South-East Asia Region should further strengthen COVID-19 response measures to curtail the spread ... Read more »

Punjab's border districts on high alert after another set of explosives found

Two days after the police seized a kilogram of RDX from Punjab’s Dinanagar, a tiffin bomb, and four hand grenades were recovered in Gurdaspur district, officials said on Friday. Earlier ... Read more »

Air quality panel for Delhi issues new orders; educational institutions to be shut

In a new set of directions to prevent further deterioration of air quality in Delhi and the National Capital Region (NCR), the Centre’s air quality panel on Friday ordered shutting ... Read more »

Global Hunger Index doesn't reflect India's true picture; index flawed measure of hunger: Government

The Global Hunger Index (GHI) does not reflect India’s true picture as it is a flawed measure of hunger, the government said on Friday. In a written reply in the ... Read more »

Bombay High Court directs CBDT to clarify government's stand on ‘Faceless Appeal Scheme'

The Bombay High Court on Friday has asked the revenue department to clarify the government’s stand on the ‘Faceless Appeal Scheme’, after a public interest litigation (PIL) challenged its constitutional ... Read more »

Ali Fazal joins Gerard Butler's 'Kandahar', to begin shoot soon

File image of Ali Fazal Bollywood actor Ali Fazal has boarded the cast of Hollywood star Gerard Butler’s upcoming film “Kandahar”. The action-thriller is directed by Ric Roman Waugh, best ... Read more »

UK National Grid cancels electricity margin notice for Dec. 3

LONDON (Reuters) – Britain's National Grid has cancelled an electricity capacity market notice for 17.30 GMT on Friday, it made earlier in the day, it said on Friday. Under the ... Read more »

Tech companies are forcing users into ‘ultimatum' on privacy, ProtonMail says as poll shows disregard for data

(Getty Images/iStockphoto) An astonishing one out of every five people in Britain take no steps to protect their personal data, despite it being one of their highest concerns. Misleading marketing ... Read more »

US adds 210,000 jobs in November ahead of discovery of Omicron variant

Photograph: Mike Blake/Reuters Unemployment rate dropped to 4.2% but variant threatens to derail economic recovery from the pandemic The US economy added 210,000 jobs in November, less than half the ... Read more »

Nationwide poaches TSB boss as its first female chief

Debbie Crosbie Debbie Crosbie is to become the first woman to run Britain's biggest building society after Nationwide poached her from rival lender TSB. The 175-year-old member-owned institution said that ... Read more »

Climate fund backed by Red Hot Chili Peppers singer Anthony Kiedis set for London float

Anthony Kiedis of Red Hot Chili Peppers performs at Benicassim in Spain in 2017 (Redferns) A clean energy investment business backed by the lead singer of the Red Hot Chilli ... Read more »

Outbreaks of Zika virus reported from UP, Kerala, Maharashtra in 2021: Govt

Outbreaks of the Zika virus were reported this year from Uttar Pradesh, Kerala and Maharashtra, with 149, 83 and one cases in these states respectively, as of November 27, Lok ... Read more »

Look at the Omicron data before any interest rate rise, says Bank policymaker

Photograph: Graeme Robertson/The Guardian MPC member and rate rise supporter Michael Saunders says more time is needed to study economic effects of new variant The Bank of England could benefit ... Read more »

Global Hunger Index doesn't reflect India's true picture; index flawed measure of hunger: Govt

Representative image The Global Hunger Index (GHI) does not reflect India’s true picture as it is a flawed measure of hunger, the government said on Friday. In a written reply ... Read more »

Market Movers: Voda Idea rolls eyes at analysts, party at IPO mart continues

NEW DELHI: The detection of the Omicron variant in India seems to have spooked investors. Most benchmark heavyweights plunged, but traders seem to have a different view on smaller stocks ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic