Cashfree Payments makes appointments to senior leadership team

Payments and API banking solutions company Cashfree Payments has expanded its senior leadership team to drive the company’s next phase of growth. Parveen Kumar has been appointed as VP of operations, while Vijay Ravisekar has been appointed as VP of product management, said a statement issued today.

The changes in the leadership team are expected to help the company accelerate its innovation and growth. The company had recently announced the elevation of Arun Tikoo as chief business officer (CBO) and Ramkumar Venkatesan as chief technology officer (CTO).

Kumar brings over 15 years of industry experience in enhancing customer experience, managing finances, and building operations across various sectors. In his new role, he will oversee the operations and customer service vertical. His responsibilities include expanding capabilities, driving research and innovation, and ensuring excellent customer service.

Ravisekar has over 20 years of experience in product management, having having successfully managed products for the driver ecosystem and customer care. He will assume the crucial role of formulating product strategies and offering valuable guidance to enhance products and solutions, specifically focusing on ‘collections’. His responsibilities include fostering greater agility and driving improved business outcomes.

“Parveen and Vijay’s proven ability to expand businesses, build exceptional teams, drive product innovation, and forge strong alliances will undoubtedly propel our company’s growth and development with renewed enthusiasm. We are currently in an incredibly exciting phase of its growth, positioning ourselves as a leader in the payments ecosystem. I am confident that Parveen and Vijay will play a vital role in our company’s tremendous growth,” said Akash Sinha, co-founder and CEO, Cashfree Payments.
Apart from India, Cashfree Payments products are used in eight other countries including the USA, Canada and UAE.

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The companyis backed by Silicon Valley investor Y Combinator, Apis Partners, State Bank of India (SBI), and was incubated by PayPal.

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