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Finarkein appoints former Perfios senior director Prasad Shetty to scale delivery & customer success

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PUNE: Finarkein has drafted in Prasad Shetty, formerly senior director at Perfios, to tighten delivery and customer success as the fintech steps on the accelerator in India’s fast-evolving financial data market.

Based in Pune, Shetty takes charge as senior director, head of delivery and customer success, with a mandate that goes straight to the core: flawless execution, platform scale and trust at enterprise level. The appointment strengthens Finarkein’s leadership bench as it pushes to build what it calls the rails of India’s next-generation financial data infrastructure.

Shetty brings more than 22 years across BFSI, fintech and digital transformation, with senior stints at Perfios, Lentra, IBM, Tata Capital and Bandhan Life. His track record spans large-scale enterprise delivery, digital product innovation and technology-led transformation, experience Finarkein is betting on as banks and lenders demand reliability as much as speed.

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“At the scale at which Finarkein operates today, execution excellence and customer trust are non-negotiable,” said Nikhil Kurhe, co-founder and chief executive. He pointed to Shetty’s mix of domain depth, delivery rigour and customer-first instinct as critical as clients move away from fragmented data workflows towards enterprise-grade platforms.

Shetty said Finarkein was building foundational infrastructure for India’s credit and financial ecosystem, adding that his focus would be on delivery excellence and customer success that helps institutions trust and use data at scale.

The hire comes as Finarkein deepens its role in open finance, data intelligence and AI infrastructure, serving more than 100 BFSI firms across frameworks such as account aggregator, OCEN, and ONDC-FS. The ambition is clear: faster innovation, better decisions and secure scale.

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As India’s financial data layer hardens into infrastructure, Finarkein is signalling that speed alone is not enough. Delivery, trust and execution now set the pace.

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Tata Consumer Products faces Rs 98 crore tax demand

Income tax authorities raise significant demand for the 2022-23 financial year

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MUMBAI: Tata Consumer Products Limited has received an assessment order from the income tax department involving a substantial financial demand. The order, issued by the assistant commissioner of income tax in Kolkata, was received by the company on 13 March 2026. It follows an audit of the income tax returns filed for the 2022-23 financial year, during which the assessing officer made specific additions and disallowances to the company’s reported income.

The total demand raised by the authorities amounts to Rs 98,03,33,930, a figure that includes both the principal tax amount and accrued interest. This disclosure was made by the company’s company secretary & compliance officer, delnaz dara harda, in a formal filing to the National Stock Exchange and BSE Limited on 14 March 2026. The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In response to the order, Tata Consumer Products has stated that it believes the demand is not maintainable under current law. The management has confirmed that the company is currently in the process of filing an appeal against the assessment. Furthermore, the company clarified that there is no immediate impact on its current financial standing, operations, or other corporate activities resulting from this specific order.

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