Saturday, Apr 20 2024 | Time 16:37 Hrs(IST)
image
Business EconomyPosted at: Sep 4 2020 9:34PM


5paisa.com appoints Ex-CTO of Flipkart Ravi Garikipati to its board

Kolkata, Sep 4 (UNI) India’s only listed fintech firm, 5paisa.com today said that it has
appointed former CTO of Flipkart Ravi Garikipati as an additional non-executive and
independent director on its board as it aims to consolidate its position as India’s
leading digital investing marketplace.
Garikipati is an entrepreneur and technologist with over 30 years of experience
mostly in technology and executive leadership roles.
He was the co-founder of a fintech startup Davinta FinServ, focussing on Financial
Inclusion for the bottom of the pyramid. Prior to co-founding Davinta, as CTO of
Flipkart, he defined and executed technology vision and roadmap to transform
commerce.
Commenting on the appointment, Prakarsh Gagdani, CEO, 5paisa.com said, “I am
extremely delighted to have Mr. Ravi Garikipati on board. His vast experience in
managing large e-commerce companies and deep knowledge of advanced tech will add
immense value to our company”.
Commenting on his appointment, Ravi Garikipati said “ I am pleased to be part of
5Paisa board. I look forward to working with Prakarsh and his leadership team as they
leverage technology to revolutionize digital investing for the underserved”
Garikipati is a board member and advisor to many late stage startups and an active
angel investor in deepTech, finTech and consumerTech startups. He has masters in
both software engineering and management from Birla Institute of Technology and
Science, Pilani.
5paisa.com is one of India’s most popular investing platform and nearing 1 million
customers. It offers equity investing at zero brokerage, mutual funds, insurance, and
loans among others on its platform. The Covid19-led lockdown has seen unprecedented
customer addition helped by improved technology, internet access and availability of
high-quality and affordable platforms like 5paisa.com. This has catapulted 5paisa.com
to be among the top Fintechs in the country. 5paisa.com turned profitable in the quarter
ending June 30 after 17 quarters in operation making it one of the fastest in the
Fintechs space to achieve this.
UNI XC BM
Please log in to get detailed story.
Tags: #5paisa.com appoints Ex-CTO of Flipkart Ravi Garikipati to its board
More News

IREDA nets all-time high at Rs 1,252 23 cr in FY24

19 Apr 2024 | 8:38 PM

New Delhi, April 19 (UNI) Indian Renewable Energy Development Agency Ltd. (IREDA), the nation's largest pure-play green financing NBFC, Friday announced an all-time high net profit of Rs. 1,252.23 crore in 2023-24, a 44.83 per cent jump over the previous fiscal year 2022-23.

see more..

"CSIR-IICT and BHEL partners to advance clean fuel technology: MoU signed on CO2 to DME"

19 Apr 2024 | 7:23 PM

Hyderabad, April 19 (UNI) The Council of Scientific and Industrial Research-Indian Institute of Chemical Technology (CSIR-IICT) and Bharat Heavy Electricals Limited (BHEL) Corporate R&D have forged a partnership to develop technology for capturing and converting carbon dioxide (CO2) to Dimethyl Ether (DME) through direct catalytic conversion.

see more..

Amara Raja Infra Wins Greenko’s 700MWp solar project in AP

19 Apr 2024 | 6:41 PM

Hyderabad, Apr 19 (UNI) Amara Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group, on Friday announced it has secured a solar BoS (Balance of System) project of 500MW/700MWp from Greenko.

see more..
Sensex recovers 600 points on heavy buying on last day of week

Sensex recovers 600 points on heavy buying on last day of week

19 Apr 2024 | 5:34 PM

Mumbai, April 19 (UNI) Snapping a losing streak of last four sessions, the BSE Sensex on Friday bounced back 599.34 points to close at 73088.33 on expectation of minimal escalation of tension between Israel and Iran.

see more..

19 Apr 2024 | 5:24 PM

Mumbai, Apr 19 (UNI) IT major Wipro on Friday reported 7.80% year-on-year dip in consolidated net profit at Rs 2,834.6 crore for January-March quarter (Q4) of the financial year 2023-24.

see more..
image