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Finarkein appoints former Perfios senior director Prasad Shetty to scale delivery & customer success
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.
“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.
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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Magellanic Cloud names Syed Ameeruddin CEO of e-surveillance arm
Keeping a sharper eye on the future, Magellanic Cloud is putting a seasoned watcher in charge.
MUMBAI – Magellanic Cloud Ltd. has elevated Syed Ameeruddin as Chief Executive Officer of its e-surveillance business, bringing its iVIS and Provigil operations under a unified leadership to accelerate growth in intelligent monitoring and infrastructure solutions.
Ameeruddin, a nearly two-decade veteran of the company, steps into the role after leading the e-surveillance vertical. His career trajectory—from Business Development Manager to the top of the vertical—reflects a steady climb built on operational depth, client engagement, and strategic execution across multiple subsidiaries.
Over the years, he has played a central role in expanding the company’s footprint, strengthening client relationships, and streamlining operations. He has also been instrumental in integrating acquisitions, helping align new businesses with Magellanic Cloud’s long-term strategy while stabilising performance across diverse domains.
More recently, Ameeruddin has contributed to securing key mandates spanning railways, the National Highways Authority of India, and the BFSI sector—wins that have bolstered the company’s order book and deepened its presence in critical infrastructure.
Commenting on the move, Joseph Sudheer Thumma said Ameeruddin’s leadership has been “pivotal in shaping the e-surveillance business,” citing his ability to drive growth, build teams, and deliver strategic wins as key to the company’s journey. His elevation, Thumma added, is expected to further accelerate expansion in AI-driven surveillance and infrastructure solutions.
The transition comes as demand surges for AI-enabled monitoring, centralised command systems, and large-scale deployments across mission-critical environments. Magellanic Cloud’s e-surveillance segment—anchored by iVIS and Provigil—has emerged as a significant growth engine, delivering projects across banking, transport, highways, and public infrastructure.
In his new role, Ameeruddin will focus on scaling platform capabilities, expanding deployments in complex environments, and developing integrated solutions that enhance real-time intelligence and operational resilience. He will continue to serve as Chief Operating Officer of the company alongside his new responsibilities.
With this leadership shift, Magellanic Cloud is doubling down on its ambition to stay ahead in India’s rapidly evolving surveillance ecosystem—where seeing, increasingly, is not just believing, but predicting.
