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5paisa Capital appoints Gaurav Seth as CEO
MUMBAI: 5paisa Capital has announced the appointment of Gaurav Seth as its CEO, effective immediately. With over two decades of experience in financial services and technology, Gaurav has a proven track record across the US, India, and southeast Asia. Prior to joining 5paisa, he served as chief product officer at Syfe, where he established it as a leading digital wealth player in southeast Asia. He also played a key role in propelling Paytm Money to prominence in India and led the digital transformation of Morgan Stanley’s wealth management division in New York.
Gaurav is an alumnus of the Indian School of Business, Hyderabad, and holds a bachelor of engineering from Thapar Institute of Engineering and Technology, Patiala.
5paise co-Promoter R. Venkataraman stated, “Seth’s experience in tech-driven innovations will enhance our digital transformation priorities at 5paisa Capital. We anticipate significant growth and innovation under his leadership.”
In response, Gaurav expressed, “5paisa Capital was the original disruptor in the Indian broking industry, democratizing equity investing for millions. I am excited to contribute to this legacy and spearhead the next phase of growth.”
5paisa.com stands as one of India’s largest discount brokers, boasting over 4.62 million customers and a reported net profit of Rs 219 million in Q2 FY25, with revenues reaching Rs 1008 million. The platform is widely used, with over 20.6 million users and a 4.3 rating on Google Play.
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FSS names Anand Krishnamurthi head of global digital delivery
Tech veteran to drive AI-first, cloud-led transformation in payments globally
CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.
In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.
Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.
“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”
V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”
This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.
