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Zaggle strengthens leadership team with two key appointments

By Leandra Monteiro

December 16, 2021

  • Chief Financial Officer
  • Digitisation
  • Expansion
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Zaggle SaaS Fintech Company Zaggle which helps digitise spends, announces the appointment of two new members as part of their top management team. Vidyaniwas Khetawat and Raghav Hari Choudhary join the company in the capacity of Chief Financial Officer and VP- Investor Relations & Corporate Development respectively. They will both play a significant role in growth, strategy, and management.

Vidyaniwas, with more than 20 years of expertise in private equity, entrepreneurship, corporate development, engineering and business consulting space joins Zaggle as Chief Financial Officer. He has worked with several multinational companies spanning across multiple countries including USA, Singapore and India. His acumen and deep experience in finance, strategy and entrepreneurship has taken him to organizations like Hudson Clean Energy Partners, Nohara-Solargy, Amonix Inc. and, Netlink. His core strength lies in cross-border investing in private companies, managing portfolio companies, raising funds, building and executing new market entry strategies and building businesses from grounds-up having been an entrepreneur for several years before joining Zaggle, Vidyaniwas is an Engineer from IIT-Delhi, holds a Master of Engineering degree from National University of Singapore and is an MBA from University of Chicago Booth School of Business.

Raghav is highly skilled in strategic and capital market exits, M&A deals, and investor relations. With over 7 years of experience in finance, he has played a key role in several successful transactions. Raghav brings a deep understanding of global cultures and philosophies through his education in liberal arts at New York University that helped him explore synergies in transactions and investor relations. He has worked with the likes of Morgan Stanley and Fredericks Michael in New York in their Investment Banking divisions, and Mylen India (a Chrys Capital spin out) where he led investor relations and spearheaded several investments for a US $ 100 million fund. Most recently, Raghav was with Everstone Capital in their exit team working on several large IPO’s and private transactions.

Commenting on the new appointments, Raj N., Founder and Chairman, Zaggle said, “I am delighted to have Vidyaniwas and Raghav join the Zaggle family. As a company we have a lot in store for 2022. Finance is a key pillar for any business and more so for a SaaS FinTech like Zaggle and as we rapidly accelerate in the coming quarters, I look forward to their leadership in propelling Zaggle to greater heights. I am confident the expertise that Vidyaniwas Khetawat and Raghav Choudhary bring to the table will immensely benefit Zaggle in raising capital and executing our M&A plans.”

Welcoming the new members, Avinash Godkhindi, MD and CEO, Zaggle said, “As we look at accelerating our expansion in 2022, it gives me immense pleasure welcoming Vidyaniwas and Raghav. With a team this accomplished, I am confident we will deliver phenomenal innovations and strong numbers in the years to come. With a constant evolution in the FinTech space, the new talent with fresh approaches and ideas will further our growth and global expansion.”

Khetawat, as the CFO, will be responsible for all finance & accounting functions along with fundraising. Choudhary will report to Khetawat and be responsible for overseeing and negotiating strategic acquisitions alongside actively engaging in fundraising and stakeholder management. Additionally, with a view to lead the FinTech industry from the front, they will help the company in building innovative solutions for spend management which is the key focus area for Zaggle. Their appointment is going to play a pivotal role in the company as Zaggle is looking to raise significant capital for its business growth and expansion.

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