Cashfree Payments expands senior leadership team to fuel growth

By Leandra Monteiro

Cashfree Payments, a payments and API banking solutions company has expanded its senior leadership team to drive the company’s next phase of growth.

Parveen Kumar has been appointed as Vice President – Operations, while Vijay Ravisekar has been appointed as Vice President – Product Management.

Commenting on the appointments, Akash Sinha, Co-Founder & CEO, Cashfree Payments said, “I am thrilled to welcome Parveen and Vijay on board. Their 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. Cashfree Payments is currently in an incredibly exciting phase of its growth, positioning itself 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.”

Praveen Kumar brings over 15 years of industry experience in enhancing customer experience, managing finances, and building operations across various sectors. He holds a B.Tech in Aerospace Engineering from the Indian Institute of Technology, Kharagpur, and a PGDM in strategy and operations from the Indian Institute of Management, Ahmedabad. In his new role, Parveen will oversee the operations and customer service vertical at Cashfree Payments. Parveen’s responsibilities include expanding capabilities, driving research and innovation, and ensuring excellent customer service.

Vijay has over 20 years of experience in Product Management, having successfully managed products for the driver ecosystem and Customer Care. He holds a Bachelor’s degree in Engineering from the University of Mumbai and an MS in Telecommunications Engineering from The University of Texas, Dallas. Vijay 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.

The changes in the leadership team are expected to help the company accelerate its innovation and growth. The company has recently announced the elevation of Arun Tikoo as Chief Business Officer (CBO) and Ramkumar Venkatesan as Chief Technology Officer (CTO).