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Renu Chipalkatti joins iline as CSO & co-founder to supercharge EV logistics future

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MUMBAI: Electric logistics startup iline has put its foot firmly on the accelerator. In May 2025, the company welcomed seasoned business strategist and Fortune 20 executive Renu Chipalkatti as its chief strategic officer & co-founder-a move that signals its readiness to scale and dominate India’s green logistics space.

Chipalkatti brings over 35 years of global leadership experience, having held pivotal roles including Bitreel CEO & advisor, and chairperson of the advisory board at the University of Massachusetts’ Manning School of Computer and Information Science. Known for her knack for scaling disruptive businesses and rewriting playbooks, she now takes on a mission to drive cleaner, smarter delivery solutions in India.

Founded in 2024, iline is India’s first EV-only logistics platform dedicated to decarbonising last-mile delivery. With AI at its core, iline offers battery-optimised, data-driven delivery that cuts emissions and costs in equal measure.

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“iline is redefining the future of last-mile delivery in India. With Renu Chipalkatti’s strategic insight and vast experience, we are creating sustainable last-mile delivery with innovative and cost-effective electric mobility solutions and AI,” said iline.AI CEO Prakarsh Dwivedi. “This collaboration marks the next chapter in iline’s evolution as a pioneer for nationwide green mobility and inclusive growth.”

As the startup scales, Chipalkatti’s leadership is expected to steer iline through its next wave of growth, building a cleaner, AI-optimised future for urban logistics.

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MAM

Visa appoints Suresh Sethi as India country head

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MUMBAI: In India’s fast-moving payments race, Visa has just swiped in a new leader. The company has named Suresh Sethi as its India country head, marking a key leadership shift as it sharpens its focus on digital payments growth in the market. Sethi steps into the role following his recent exit from Protean eGov Technologies, where he served as chief executive officer. He succeeds Sandeep Ghosh, who has moved on after more than four years at Visa to pursue an external opportunity.

The appointment comes at a time when Visa is doubling down on its expansion strategy across India and the wider region, deepening partnerships and accelerating adoption in an increasingly competitive digital payments ecosystem.

Sethi brings with him a broad, cross-market perspective shaped by decades of experience across corporate banking, retail financial services, mobile money and large-scale government technology initiatives. He began his career at Citigroup, where he spent 14 years working across India, Africa, South America and the United States, focusing on transaction banking services within the corporate bank.

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His appointment signals a blend of institutional experience and market familiarity qualities that could prove critical as Visa navigates a landscape where fintech innovation, regulatory evolution and consumer adoption are all accelerating at once.

As digital payments in India continue to scale rapidly, the leadership change underscores a simple reality, in a market where every tap, scan and swipe counts, who leads the charge can matter just as much as the technology itself.

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