Spice Money appoints new CHRO and elevates Rohit Sood as chief business officer

NOIDA: Spice Money is putting its house in order at the top. The rural fintech platform, a subsidiary of DiGiSPICE Technologies, has appointed Nitin Sachdeva as chief human resources officer and elevated Rohit Sood to chief business officer, as it accelerates its financial inclusion push across rural and semi-urban India.

Sood’s promotion is an internal one. He has been at Spice Money for the past year, leading digital growth, customer engagement and business acceleration. His CV reads like a tour of India’s most recognisable consumer and commerce names: JioMart, Paytm, Otipy, Snapdeal, PepperTap, SPAR, Carrefour and Jubilant Retail. Across more than two decades, he has built businesses from inception to national scale, managed large profit and loss accounts and constructed operating models spanning physical distribution, digital commerce and omnichannel ecosystems. In his expanded role, he will lead Spice Money’s business strategy and growth agenda, driving scale through deeper network engagement, stronger partner ecosystems and new financial products tailored for Bharat.

Sachdeva comes in from outside, bringing over 17 years of experience across fintech, consumer durables, media and technology. He has previously held leadership roles at BharatPe, Philips, Preethi, Network18 and Infosys, where he led talent transformation, organisational design, leadership capability building and workforce planning. At Spice Money, he will head people and culture strategy, with a focus on leadership development, talent management and building a future-ready workforce.

Dilip Modi, founder and chief executive of Spice Money, said Sood’s elevation reflects the impact he has created in driving business growth and strategic transformation, while Sachdeva’s track record in building high-performance cultures would be invaluable as the company scales.

Sood said Spice Money had built one of India’s most extensive last-mile financial services networks and that he looked forward to expanding the partner ecosystem and delivering innovative financial solutions at scale. Sachdeva said the company’s blend of technology, entrepreneurship and grassroots reach presented an exciting opportunity to build a purpose-led organisation.

Spice Money operates through a network of 16 lakh Adhikaris, offering banking, payments, credit and e-commerce services built on India’s digital public infrastructure, including the Aadhaar stack, the Bharat Connect Platform and the Open Network for Digital Commerce. It is regulated by the Reserve Bank of India.

Two new faces at the top, 16 lakh on the ground. Spice Money is clearly gearing up for something bigger.