Brands
Pluxee rocks the cradle with Proeves buy to boost workplace benefits
MUMBAI: Sometimes growth is about scale. Sometimes it is about care. Pluxee has chosen the latter, completing its acquisition of Proeves on 20 December 2025 and adding corporate childcare to its expanding employee benefits portfolio in India.
The deal, first announced in September 2025, received all necessary regulatory approvals and marks Pluxee’s entry into the fast-growing corporate childcare benefits segment. With over 3.5 million consumers in India, the group is now widening its focus from traditional employee engagement solutions to benefits that directly address work–life balance and gender equality.
Founded as a digital-first childcare benefits platform, Proeves enables working parents to identify suitable caregivers through a comprehensive technology-led marketplace. The company currently works with more than 100 corporates and partners with over 7,000 childcare centres across the country, positioning it as a key player in an increasingly regulated and employer-driven space.
For Pluxee, the acquisition also has a compliance edge. As India’s labour codes evolve, including statutory childcare and crèche requirements, employers are under pressure to offer structured solutions. By integrating Proeves, Pluxee aims to help organisations meet these obligations while offering benefits that resonate with a modern, diverse workforce.
The move signals a broader shift in how employee benefits are being redefined in India away from perks alone and towards support systems that acknowledge life beyond the workplace. In Pluxee’s case, strengthening its benefits stack now begins not at the office door, but closer to home.
Brands
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.
