back Back

Plum appoints Mukul Kanchan as its Head of Finance

By Leandra Monteiro

July 04, 2022

  • Clix Capital
  • Fundraising
  • Head of Finance
Share

PlumPlum, an employee health insurance platform, has appointed Mukul Kanchan as its Head of Finance.

Mukul has assumed charge from June 2022 and will be working closely with the founders to solve complexities as the business scales up at a faster clip. Mukul will support scaling the business with sustainability, building financial prudence and robustness, acquisition initiatives, and fundraising. He will also strengthen risk management practices and compliances at Plum.

Mukul is an investment banker and a private equity investment professional. He comes with over 16 years of experience in leading Finance, M&A and Business Development functions in prominent start-ups and global corporations such as Clix Capital, D. E. Shaw & Co, E&Y and Aten Capital among others. In his earlier role as CFO at Clix, Mukul drove the acquisition of GE Capital India entities in 2016 which was later renamed as Clix, simplified the legal entity structure of the group, drove M&As and partnerships, and led the overall Finance function.

On his new role as Head of Finance at Plum, Mukul Kanchan said, “Plum is aptly placed to disrupt the corporate health insurance space with its superior digital platforms, high-quality customer experience, and a plug-and-play product that is simple enough for organisations to use. In a world of high-growth tech start-ups, a finance leader must become a strategic partner to their CEOs. From staying conservative to displaying aggression, from valuing cost-cutting to chasing opportunity cost, from controller to being an enabler, and from playing by the book to writing a new playbook, the new age finance leaders must act as a catalyst for growth and aspire to change the game.”

Abhishek Poddar, Co-founder and CEO, Plum said, “Mukul is a highly adept finance leader and will be an invaluable asset to Plum’s leadership team. Having worked at some of the most robust financial services organisations, not only does he bring the expertise needed to run our finance function, he also has a critical understanding of what it takes to drive growth and operational excellence. Having worked with Mukul for some time now, I have experienced his superior intellect and leadership abilities and am excited to work closely with him as we execute the next phase of Plum’s journey.”

Previous Article

July 04, 2022

Geidea partners with Saudi start-up BARQ

Read More
Next Article

July 04, 2022

Technisys integrates its platform with Microsoft Cloud for financial services

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

Clix Capital

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 15, 2024

Daiwa Capital Markets Europe selects Delta Capita for CLM service

Read More

July 15, 2024

Duck Creek Technologies delivers HDFC ERGO’s new core InsurTech solutions

Read More

July 12, 2024

DCB Bank taps CyberArk to deliver secure services to customers

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024