Brands
Fintech powerhouse Angel One snaps up Walmart tech guru in C-suite shuffle
MUMBAI: Angel One Ltd has poached tech heavyweight Rohit Chatter as its new chief data officer, while bidding farewell to outgoing data chief Deepak Chandani.
Chatter, fresh from his gig as chief software architect at Walmart Global Tech, will take the reins with immediate effect, as Chandani prepares to clear his desk by April end.
The well-timed appointment sees Angel One doubling down on its AI ambitions, with chairman Dinesh Thakkar making no bones about the company’s lofty aspirations.
“We’re not just embracing the future of finTech—we’re building it,” he declared with characteristic swagger. “Data is the foundation of this revolution and Rohit’s unparalleled expertise in AI, cloud platforms and data science will be a game-changer in redefining digital investing. With his leadership, we will push the boundaries of innovation, deliver hyper-personalized experiences and empower millions with smarter financial solutions.”
Chatter brings nearly three decades of tech wizardry to the table, having cut his teeth at Silicon Valley giants and masterminded large-scale data operations. At Walmart, he was the brains behind their generative AI revolution, while his stint as CTO at InMobi saw him transform their remarketing platform into a cash cow across major markets.
The data boffin’s CV also boasts impressive turns at Yahoo India, where he spearheaded big data initiatives, and various leadership roles at Talisma, IPSoft, TiVo and Alcatel in the US. His tech toolkit includes everything from Oracle databases to Unix systems, alongside programming chops in Perl, Python and Java.
Chatter, who holds a BE in electronics & telecom and an MBA from NMIMS, seems positively gung-ho about his new role.
“Angel One is revolutionizing the financial services industry with its AI-first approach and I am excited to be part of this dynamic team. AI and data science are shaping the future of investing and my focus will be on enhancing Angel One’s platforms with automation, predictive analytics and intelligent insights that empower investors across India. The potential to innovate and scale AI-led financial solutions at Angel One is immense and I look forward to thisjourney,” he enthused, barely containing his excitement at the prospect of unleashing predictive analytics upon India’s investing masses.
For the uninitiated, Angel One stands tall as India’s largest listed retail stock broking house by active NSE clients. The tech-savvy outfit serves over 30 million investors through its digital platforms, including the Angel One Mobile App, the rather clever ‘ARQ Prime’ recommendation engine, and the ‘Smart Money’ educational platform designed to turn investing novices into market maestros.
Brands
Raj Cooling Systems launches Agreyas appliances brand
Emraan Hashmi named brand ambassador for consumer appliance push.
MUMBAI: A company known for cooling solutions is now heating up its ambitions in the home appliances market. Raj Cooling Systems Pvt. Ltd. has launched a new consumer appliances brand, Agreyas, marking its entry into India’s rapidly expanding home appliances sector valued at more than Rs 1.5 lakh crore. The move represents a strategic diversification for the company, which has traditionally focused on cooling solutions for residential, commercial and industrial applications. Through Agreyas, the firm plans to tap into growing consumer demand for energy efficient and technology driven household appliances.
To build brand visibility, Agreyas has appointed Emraan Hashmi as its brand ambassador. The campaign has been developed under the banner of Zoommantra Productions, with actor and filmmaker Rohit Roy contributing to the creative direction.
The brand’s initial portfolio will include mid premium air conditioners, washing machines, geysers and other white goods designed to cater to modern Indian households seeking efficient and reliable appliances.
Raj Cooling Systems, founder and chairman Kalpesh Ramoliya said the launch aligns with the company’s broader expansion plans.
“The launch of Agreyas is in line with our vision to build a strong presence in India’s consumer electronics and home appliances market. The brand has been developed as a standalone identity to meet the evolving needs of Indian consumers,” he said.
Hashmi said the collaboration comes at a time when Indian buyers are increasingly looking for innovative and functional home solutions.
“I’m looking forward to working with Agreyas at a time when consumers are seeking more innovative and efficient home products. The brand reflects changing consumer behaviour around functionality, innovation and ease of use,” he said.
Raj Cooling Systems plans to invest around 10 million dollars in developing the brand, with an additional 5 million dollars earmarked over the next three to five years for product development and distribution expansion.
Agreyas will follow a multi channel distribution approach, selling through online platforms, retail outlets and dealer networks aimed at both urban and semi urban markets across India.
With the launch, the company is positioning Agreyas as a standalone consumer facing brand while continuing to leverage its existing manufacturing, engineering and research capabilities built through its core cooling solutions business.
