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Cars24 elevates Divanshu Saxena as chief business officer for Loans24

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GURUGRAM: Cars24 has promoted Divanshu Saxena to chief business officer for its financial services arm, loans24, handing him the brief to scale the lending business while keeping a tight grip on risk and returns. 

Based in Gurugram, Saxena will lead strategy, growth and execution at Cars24 Financial Services, the group’s NBFC platform, at a time when vehicle financing is becoming both more competitive and more tightly regulated. 

Saxena currently heads consumer financing at loans24 and has been central to building one of Cars24’s most profitable verticals. Under his watch, the lending business has posted steady gains in finance penetration, improved portfolio quality and a rising contribution from non-retail lending, all while maintaining disciplined unit economics. 

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Known internally for a first-principles approach, Saxena combines strategic clarity with operational rigour. His focus on simplifying complex problems and building scalable systems has helped position loans24 as a fast-growing and resilient lender, competing with far larger banks and NBFCs. 

Co-founder and group CFO at Cars24, Ruchit Agarwal, said Saxena had played a pivotal role in shaping a “strong and institutionally sound” financial services business and would be key to the next phase of growth. 

Before joining Cars24, Saxena worked as a project leader at Boston consulting group, focusing on financial services and industrial goods. He is an alumnus of IIM Calcutta, where he graduated with institute rank three and a silver medal, and SRCC, University of Delhi. 

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As Cars24 doubles down on vehicle financing, the promotion underlines a clear bet on home-grown leadership. In a capital-hungry lending market, steady hands now matter as much as speed.

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Tommy Hilfiger unveils Spring/Summer 2026 watch collection

Checo Pérez fronts campaign blending F1 energy with Classic American Cool.

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MUMBAI: Checo Pérez just traded the racetrack for the wrist game because when a Formula 1 star says time flies, he means it literally. Tommy Hilfiger Watches & Jewellery has launched its Spring/Summer 2026 collection, fusing modern craftsmanship with the brand’s signature Classic American Cool aesthetic. Global ambassador Checo Pérez, one of motorsport’s biggest names, headlines the campaign, infusing the line with high-octane confidence and relaxed sophistication.

Pérez said, “I’ve been a fan of Tommy Hilfiger since my childhood. The brand’s classic heritage style feels natural to me relaxed, confident and easy to wear. This watch collection blends modern innovation with the quality and tradition Tommy Hilfiger is known for.”

The men’s lineup is led by the bold Bank chronograph (44mm case, aluminium pusher guards, tachymeter bezel), powered by a Japanese chronograph movement and available with integrated bracelets or genuine leather straps. Other designs include the TH Oxford, featuring a textured dial inspired by the brand’s iconic Oxford shirt.

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For women, the collection offers refined femininity through pieces like the 22mm Norah (slim two-tone case, navy patterned dial with Roman numerals) and the new Mackenzie (geometric bezel, frosted dial that catches light with subtle sparkle).

Shot against vintage cars and effortless style, the campaign captures the spirit of modern motorsport while celebrating timeless, versatile design suited for daily wear or statement moments.

Manufactured by The Movado Group Inc. under licence from Tommy Hilfiger and distributed in India by Titan Company Limited, the Spring/Summer 2026 Watches collection is now available.

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In a world where time waits for no one, Tommy Hilfiger isn’t just keeping pace, it’s racing ahead, proving the perfect watch doesn’t just tell time. it tells your story, lap after stylish lap.

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