Tide India appoints Srinivas Injeti as Non-Executive Director & Chairperson of the Board

By Gloria Mathias

Tide India, a business financial platform for MSMEs, has announced the appointment of former IAS officer Srinivas Injeti as Non-Executive Director and Chairperson of its Board.

Ex-RBI officer, Ajaya Kumar Sahoo has also been appointed as Senior Advisor to the Board. These appointments support Tide’s commitment to driving sustainable, compliance-first business growth as the company continues to build simple and powerful tools to help small businesses start and grow.

Injeti brings expertise in regulatory frameworks, economic reforms, and financial oversight through his work over four decades across various ministries in the Government of India. He also served as a director on the LIC Board and as an ex-officio member of SEBI.

As Director of FIPB (Foreign Investment Promotion Board) in the Government of India, Injeti played a pivotal role in landmark reforms, including the liberalisation of the Foreign Direct Investment (FDI) policy and industrial policy reform. Injeti’s contributions have reshaped the governance landscape, from deregistering shell companies to setting up the National Financial Reporting Authority (NFRA).

Ajaya Kumar Sahoo, a former senior Reserve Bank of India (RBI) officer with nearly four decades of experience, brings expertise in financial regulation, strategic management, and regulatory compliance. At RBI, he played a critical role in overseeing licensing and inspections of Non-Banking Financial Companies (NBFCs), Asset Reconstruction Companies (ARCs), and banks.

Sahoo will focus on enhancing corporate governance, developing key partnerships, and ensuring robust operational practices that drive growth and transparency within the organisation.

Gurjodhpal Singh, CEO of Tide India, said, “We are happy to welcome Mr. Srinivas Injeti and Mr. Ajaya Kumar Sahoo to our team. Their unparalleled expertise in regulatory frameworks and financial services will enhance our strategic decision-making capabilities while aligning with our compliance-first approach. With their presence, we will continue to enhance financial inclusion for MSMEs. Together, we are committed to empowering small businesses and contributing to India’s socio-economic growth.”