ITV News
Policybazaar CEO Tarun Mathur steps down
Sajja Praveen Chowdary named successor as insurance platform reshuffles leadership.
MUMBAI: Tarun Mathur has decided to close his policy at Policybazaar after years of steering the insurance aggregator. Policybazaar has announced that Tarun Mathur has stepped down as Chief Executive Officer and Principal Officer of the company, a wholly owned subsidiary of PB Fintech. Sajja Praveen Chowdary will take over as the new CEO and will also serve as whole-time director.
Chowdary, who joined the PB Fintech Group in 2011, has held leadership roles across multiple verticals. He currently heads “Policybazaar for Business,” the corporate and SME insurance and reinsurance arm. Under his leadership, this segment has grown into one of the fastest-expanding business insurance brokers in India and is positioning itself as a one-stop destination for such products.
A marketing professional with over 17 years of experience, Chowdary brings expertise in business management, product and technology management, business development, and project management in the e-commerce space.
Tarun Mathur began his career at HeroITES and later worked with ebookers and FE Global Technology Services. He joined Policybazaar as a co-founder and associate director of business development.
The leadership change comes as Policybazaar continues to strengthen its position in both retail and business insurance segments in a highly competitive market.
In the fast-paced world of insurtech, where policies change hands as quickly as premiums, Policybazaar has handed the baton to a long-time insider. With Chowdary at the wheel, the company appears well-positioned to keep its growth momentum rolling.
ITV News
Sonata Software CEO Samir Dhir to exit, Rajsekhar Datta Roy named successor
Samir Dhir steps down after tenure, to stay on as advisor till December 2026
BENGALURU: Sonata Software Limited has announced a leadership transition, appointing Rajsekhar Datta Roy as chief executive officer, effective May 9, 2026, for a three-year term. He will lead the company’s international business as it sharpens its focus on AI-led transformation.
Roy, a long-time company veteran, brings over three decades of experience in scaling technology practices and managing global delivery operations for enterprise clients. He has played a central role in building Sonata’s Microsoft and Dynamics practices into key growth engines, while also driving strategy and large-scale digital transformation programmes.
Over the past year, Roy has been closely involved in steering Sonata’s shift towards becoming an AI-first organisation. He has led initiatives around the company’s responsible-first AI framework and contributed to the development of its Harmoni.AI platform, alongside efforts to improve operational margins through tech-driven efficiencies.
Prior to this elevation, Roy served as chief delivery officer, overseeing global delivery and operations, and was a key member of the executive leadership team shaping the company’s transformation roadmap.
The transition follows the exit of Samir Dhir, who will step down as managing director and CEO at the close of business on May 8, 2026. He has also resigned as executive director but will continue as an advisor to the board until December 31, 2026, ensuring continuity during the transition.
The board acknowledged Dhir’s tenure, noting that under his leadership, Sonata strengthened its position as a strategic partner for clients and advanced into its next phase of growth.
Sonata Software Limited executive vice chairman Srikar Reddy said, “Raj’s promotion to CEO underscores our confidence in his leadership and strong technology vision. His deep understanding of Sonata Software will help us continue building an innovative and trusted organisation.”
Sonata Software Limited chief executive officer Rajsekhar Datta Roy added, “I am honoured to step into this role and lead the company’s international business. Our focus will remain on strengthening core capabilities and accelerating AI-led modernisation journeys for our clients.”
With this leadership change, Sonata Software is signalling continuity with a forward-looking tilt, betting on internal leadership and AI capabilities to power its next phase of global growth.
