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Nipun Jain takes charge as RapiPay CEO

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Mumbai: Homegrown assisted payments fintech company RapiPay on Tuesday announced the appointment of Nipun Jain as chief executive officer.

The leadership rejig at RapiPay is with an objective to gain a foothold in the neo-banking domain and thus expand the company’s business further. RapiPay is working on expanding its footprint in the rural areas and tier-II cities to foray into newer businesses such as digital lending, POS, digital cards, investments, insurance, and other financial services, said the company in a statement.

“RapiPay intends to be one step ahead in the growing fintech space and is set to take the lead by getting into newer businesses to fulfill country’s ever-growing demand for banking, financial and payment services,” said RapiPay Fintech Pvt Ltd, promoter, SK Narvar. “Jain’s appointment as CEO is a crucial step on that path and I wish him continued success in his new role and look forward to greater achievements.”

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“I am also excited to see how RapiPay will continue to grow, evolve and be a one-stop destination providing a digital financial ecosystem to Indian consumers,” Narvar further said.

Jain has a rich experience of three decades as retail banking professional with expertise in setting and scaling up businesses. He is proficient in managing large retail assets, business banking, and branch banking franchise. Prior to joining RapiPay, Jain has previously worked with Yes Bank and ICICI Bank.  

RapiPay Fintech Pvt Ltd, MD, Yogendra Kashyap said, “Jain has an impressive track record in various banking services, and I am happy to welcome him as the CEO of the company. His proven leadership, deep expertise in banking, and passion for client-driven innovation will make him the ideal fit to lead RapiPay into its next chapter.”

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Speaking on his new role, Jain said, “I am extremely excited to lead the team at RapiPay, joining an organisation that is well-positioned to grow the financial inclusion to the last mile in the country by shaping the future of assisted payments and financial services through neo banking.”

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Nemetschek appoints Alok Sharma as managing director and vice president for India

Veteran software leader to drive India strategy and enterprise growth

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Alok Sharma

MUMBAI: Nemetschek Group has appointed Alok Sharma as managing director and vice president for India, underscoring the company’s ambitions in one of the world’s fastest-growing construction markets.

The appointment comes as India accelerates investment in infrastructure, urban development and public sector modernisation, with digital tools increasingly central to efficiency, compliance and lifecycle management across construction projects.

Based in Mumbai, Sharma will lead Nemetschek’s India growth strategy. This strategy will focus on deeper enterprise and government engagement, expanding the local partner ecosystem and accelerating the shift towards subscription and SaaS-led digital construction models. A key priority will be scaling building information modelling (BIM) adoption across infrastructure and real estate projects.

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Sharma brings over 30 years of experience building and scaling software businesses across India and the Saarc region, with a strong focus on the architecture, engineering, construction and operations sectors. His background includes leading large enterprise deals, driving public sector engagements and guiding transitions from perpetual licensing to cloud-based delivery.

Commenting on the appointment, Nemetschek Group senior vice president Pete Nicholson, said India is a critical market as digital mandates gather pace across the construction industry.

Sharma said India’s built environment is entering a decisive phase of digital transformation, creating a strong opportunity to expand BIM and advanced digital workflows across both public and private sector projects.

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The appointment signals Nemetschek’s intent to consolidate its India operations and align its multi-brand technology portfolio with the country’s expanding digital construction ambitions.

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