Cashfree Payments Appoints Sameer Gandhi as CFO to Drive Growth Strategy
Cashfree Payments appoints former Visa executive Sameer Gandhi as CFO
The Economic Times
Image: The Economic Times
Cashfree Payments, a Bengaluru-based payments infrastructure company, has appointed Sameer Gandhi as its new Chief Financial Officer. With over 20 years of experience in finance, including a recent role at Visa India, Gandhi aims to enhance the company's financial operations and support its growth towards profitability.
- 01Sameer Gandhi has over two decades of experience in finance, including roles at Visa and Vodafone.
- 02Cashfree Payments aims to accelerate growth and achieve profitability in the coming quarters.
- 03The company recently raised $53 million (approximately ₹450 crore) in funding.
- 04Gandhi's expertise in corporate finance and M&A will strengthen Cashfree's strategic initiatives.
- 05Cashfree is the first payments platform in India to hold all three Reserve Bank of India licenses.
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Cashfree Payments, headquartered in Bengaluru, India, has appointed Sameer Gandhi as its Chief Financial Officer. Gandhi brings over 20 years of experience from global financial institutions, including his recent role as head of finance at Visa India. His appointment comes as Cashfree aims to enhance its financial strategy and operational efficiency while pursuing profitability. CEO Akash Sinha highlighted the company's strong foundation, supported by early RBI licenses and significant revenue growth. Gandhi expressed enthusiasm for contributing to Cashfree's vision in the burgeoning Indian digital payments sector, which he sees as a long-term opportunity. The company recently secured $53 million (around ₹450 crore) in a funding round led by Krafton and Apis Growth Fund II.
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Gandhi's appointment is expected to strengthen Cashfree Payments' financial strategy, potentially leading to improved services for businesses in the digital payments sector.
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