CXO Lanes

S Sreenivasan has been appointed as President (Insurance & Special Projects) at Bajaj Finserv. After serving as Chief Financial Officer for over a decade, he will continue to play a pivotal role in strategic leadership and oversight within the organization. With a career spanning over 38 years, Sreenivasan has been instrumental in shaping corporate strategy, portfolio management, and the growth of Bajaj Finserv's insurance subsidiaries—Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance. He also serves as Chairman of Bajaj Financial Securities Ltd. and Bajaj Finserv Ventures Ltd. A Chartered Accountant and Chartered Financial Analyst, he holds an MBA from IIM Kolkata and a B.Sc. in Physics from the University of Kerala. His vast experience and leadership will continue to drive innovation and excellence in the insurance and financial sector. #Leadership #Finance #Insurance #BajajFinserv #Strategy #CorporateLeadership #MergersAndAcquisitions #FinancialServices #CFO #IIMKolkata #CharteredAccountant #cxolanes

Pratik Nath has taken on the role of Managing Director at Epsilon India, where he will lead strategic initiatives and drive the organization’s growth. With extensive experience in technology leadership, innovation, and product development, he aims to enhance operational efficiency and strengthen Epsilon India’s position in delivering data-driven marketing solutions. Previously, he held key leadership roles at Oracle Cerner, including Vice President of Clinical Products and Vice President of IP Development at Cerner India, where he contributed to product advancements and engineering capabilities. With a career spanning Siemens Information Systems PrivateLimited and Oracle Cerner, Pratik Nath has played a crucial role in shaping IP strategy, fostering innovation, and building Centers of Excellence. Holding six patents and certifications in Scaled Agile Framework and Oracle Cloud Infrastructure, he brings deep expertise in enterprise technology. An alumnus of the National Institute of Technology Surat, he is expected to drive Epsilon India’s expansion by focusing on innovation, talent development, and operational excellence. #Leadership #Technology #EpsilonIndia #Innovation #ProductDevelopment #CloudComputing #AgileTransformation #DataDrivenMarketing #EnterpriseTech #EngineeringExcellence #StrategicGrowth #TechLeadership #cxolanes

Ramandeep Singh Sahni has taken on the role of Chief Financial Officer and Whole Time Key Managerial Personnel at Bajaj Finserv, following S Sreenivasan, who will now serve as President (Insurance and Special Projects). With a strong background in the insurance sector, Ramandeep has been associated with the BFS Group for several years, previously holding CFO positions at Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance. His expertise spans financial strategy, risk management, and operations across both life and general insurance businesses, equipping him with a deep understanding of the financial landscape. Before joining Bajaj Finserv, Ramandeep Singh Sahni held key roles in finance and internal audit at ICICI Prudential Life Insurance Company Limited, contributing to financial governance and compliance. His professional experience also includes working with a Big 4 firm and managing independent business environments. As a Chartered Accountant and Certified Information Systems Auditor (CISA), he brings strategic vision and financial acumen to his new leadership role at Bajaj Finserv. #Leadership #Finance #BajajFinserv #CFO #RiskManagement #FinancialStrategy #InsuranceSector #BajajAllianz #ICICIPrudential #CharteredAccountant #CISA #CorporateFinance #cxolanes

Yashpal Chopra has joined SMC Group as the Group Chief Operating Officer. With over two decades of experience in broking operations, risk management, and compliance, Yashpal brings a wealth of expertise to this leadership position. Prior to his new role, he was the Head of Risk & Operations at 5paisa Capital Ltd, where he focused on risk management, arbitrage and algo trading, and software utility development. He also spent nearly two decades at Indiabulls Ventures Limited, managing risk for HNIs and NBFC clients and driving operational improvements. At SMC Group, Yashpal Chopra will utilize his vast experience to enhance operational strategies and drive growth. His strong leadership in risk management and team management will play a pivotal role in the company’s strategic initiatives. #Leadership #RiskManagement #BrokingOperations #Compliance #SMCGroup #OperationalExcellence #TeamLeadership #StrategicInitiatives #AlgoTrading #PortfolioManagement #FinancialMarkets #FinancialIndustry #cxolanes

Tata Electronics Pvt Ltd (TEPL) has strengthened its presence in India’s electronics manufacturing sector by acquiring a 60% stake in Pegatron Technology India. Commenting on the acquisition, Dr. Randhir Thakur, CEO and MD of Tata Electronics, stated that acquiring a majority stake in Pegatron Technology India aligns with Tata Electronics’ strategy of expanding its manufacturing footprint. As part of the acquisition, Tata Electronics and Pegatron Technology India will collaborate to integrate their teams, ensuring seamless operations and synergy in production. Additionally, Pegatron Technology India will undergo rebranding to align with its new ownership structure while continuing to deliver high-quality electronics manufacturing services. This expansion follows Tata Electronics’ acquisition of Wistron's India operations in March 2024, underscoring the Tata Group’s focus on strengthening its foothold in electronics manufacturing. N Chandrasekaran, Chairman of Tata Sons, has been leading the group’s vision of making significant investments in the sector, with a strong emphasis on AI, digital transformation, and advanced manufacturing capabilities. This strategic move enhances Tata Electronics’ position as a key player in the industry, reinforcing its commitment to advanced technology and large-scale manufacturing. He emphasized that the company is looking forward to a new era of AI, digital, and technology-led manufacturing as it continues to scale operations in India. #TataElectronics #PegatronTechnologyIndia #ElectronicsManufacturing #MakeInIndia #Manufacturing #TechInnovation #DigitalTransformation #IndianIndustry #AI #BusinessExpansion #cxolanes

Akasa Air, under the leadership of CEO Vinay Dube, is set to expand its footprint with 5-10 new destinations, including international routes, in the coming year. The airline, backed by the Rakesh Jhunjhunwala family, remains well-capitalized and committed to maintaining its position as India's fastest-growing airline. With a fleet of 27 Boeing 737 Max planes and a 4.6% market share in CY2024, Akasa Air is steadily advancing toward long-term growth. Despite supply chain disruptions affecting aircraft deliveries, Dube emphasized that the airline’s business fundamentals remain strong. Akasa Air has placed an order for 226 aircraft, ensuring a steady stream of additions to its fleet until 2032. The airline also maintains a disciplined financial approach, reinforcing its commitment to sustainable expansion. The CEO highlighted Akasa Air’s robust pilot training and operational readiness, with most pilots set to begin flying by the end of the year. He also addressed regulatory scrutiny, stating that the airline treats every directive from the DGCA with the utmost seriousness and continuously enhances its safety protocols. With a clear vision for the future, Akasa Air is focused on long-term profitability and operational excellence. The airline’s strategic planning, strong financial backing, and commitment to growth reinforce its position in India’s competitive aviation landscape. #VinayDube #AkasaAir #Aviation #AirlineIndustry #GrowthStrategy #AviationNews #FleetExpansion #AirTravel #AviationMarket #IndiaAviation #cxolanes

Anand Laxshmivarahan R has been appointed as the Chief Digital and Information Officer at UltraTech Cement. With a distinguished career spanning over two decades, he brings extensive expertise in digital transformation, IT strategy, and advanced technologies. Before joining UltraTech Cement, Ramasubramani served as the Group Chief Digital and Information Officer at Jubilant Bhartia Group. He has also held leadership positions at Vedanta Resources Limited, Wipro Technologies, Honeywell and GE, driving digital innovation, AI/ML integration, and business transformation. His appointment underscores UltraTech Cement’s commitment to leveraging technology for operational excellence and growth. #Leadership #NewAppointment #UltraTechCement #DigitalTransformation #ITStrategy #AI #Innovation #TechnologyLeadership #CementIndustry #Industry40 #DigitalInnovation #CXO #cxolanes

Hindustan Unilever (HUL) is set to introduce Liquid I.V. , a leading hydration drink from its global parent Unilever, to tap into India's growing premium health and wellness market. Liquid IV aims to cater to affluent consumers with active lifestyles. The move aligns with HUL’s broader strategy to expand its premium product portfolio, particularly in the beauty and wellbeing segment, which currently serves as its largest profit driver. Under the leadership of CEO Rohit Jawa, the company aims to shift 9 percentage points of its portfolio towards premium offerings, targeting nearly 70 million affluent and super-affluent households in India. Liquid IV, acquired by Unilever in 2020, has since become the largest powdered hydration brand in the U.S. and has successfully launched in markets like the UK, China, Canada, Australia, Mexico, and the Netherlands. In India, the hydration segment is valued at approximately $1 billion, with significant growth potential in urban markets. HUL has been actively investing in the health and wellness space, previously acquiring stakes in plant-based supplement brand OZiva and Nutritionalab. The company recently acquired direct-to-consumer beauty brand Minimalist for ₹2,955 crore, reinforcing the connection between beauty and nutrition. With hydration gaining prominence in skincare and wellness trends, Liquid IV is expected to attract health-conscious consumers who prioritize both aesthetics and overall well-being. HUL’s strategic expansion underscores the increasing demand for premium functional beverages in the Indian market. #HUL #LiquidIV #HealthAndWellness #Hydration #SportsDrinks #PremiumProducts #Fitness #BeautyAndWellbeing #IndiaMarket #Nutrition #RohitJawa #cxolanes

Healthy food brand Salad Days, founded by Varun Madan , has raised ₹30 crore in its first institutional funding round, co-led by V3 Ventures and Client Associates Alternate Fund (CAAF). The investment will support the company’s omnichannel expansion, operational enhancements, and technology advancements. The funds will be utilized to open new stores, strengthen sales channels, acquire top talent, and drive marketing initiatives. Salad Days, founded in 2014 by Varun Madan, currently operates 25 cloud kitchens across Delhi-NCR, Bangalore, and Mumbai, offering a range of healthy meal options. With a strong focus on profitability, the company plans to expand its footprint within existing markets before exploring new locations. Over the next year, Salad Days aims to establish 20 additional cloud kitchens to meet the growing demand for healthy food options. Salad Days primarily generates revenue through food aggregators like Swiggy , Zomato , and ONDC, while also working to boost direct orders through its own platform. With a 100% year-on-year growth rate and an annual revenue run rate of ₹60 crore, the brand is well-positioned to capitalize on India’s rising demand for nutritious food choices. #SaladDays #V3Ventures #CAAF #HealthyFood #Startup #Funding #FoodTech #CloudKitchen #Investments #EatHealthy #cxolanes

shoppin' , a fashion search engine platform, has raised $1 million in funding from Info Edge Ventures. The investment is set to enhance the company’s AI-driven search capabilities, supporting its mission to redefine online fashion discovery. A significant portion of the funds will be allocated to building a team of AI engineers and developing proprietary technology. The company aims to fine-tune and scale advanced AI models, including small language models (SLMs), specifically tailored for the fashion industry. Shlok Bhartiya , Founder and CEO of Shoppin, envisions this investment as a key step toward revolutionizing the fashion search experience. With a focus on technology and innovation, the company is positioning itself as a leader in AI-powered fashion discovery. By leveraging cutting-edge AI, Shoppin seeks to streamline the online shopping experience, making it more intuitive and personalized for users. The fresh funding will also support talent acquisition and overall business growth. #Shoppin #InfoEdgeVentures #AI #FashionTech #Startup #Funding #AIInnovation #TechInvestments #Ecommerce #FashionSearch #cxolanes