Brands
Swiggy serves up excitement as the owner of World Pickleball League’s Mumbai team
Mumbai – Swiggy Ltd (NSE: SWIGGY), India’s pioneering on-demand convenience platform, has announced its ownership of Team Mumbai in the World Pickleball League (WPBL). Co-Founded by former Indian tennis players, Gaurav Natekar and Arati Ponnappa Natekar, the inaugural season of the WPBL is set to take place from 24 January to 2 February 2025.
Pickleball is among the fastest-growing sports globally, thanks to its accessibility for players of all ages. This sport has become a popular recreational and lifestyle activity and is poised to gain significant traction among Indians in the coming decade. Swiggy’s Mumbai team is the second team announced by WBPL after the Chennai franchise owned by actor Samantha Ruth Prabhu. With the first edition of the World Pickleball League set to take place in Mumbai, Swiggy’s Team has the chance to showcase its skills in front of their home fans.
Speaking about the acquisition of Team Mumbai in the World Pickleball League, Swiggy Food Marketplace CEO Rohit Kapoor said, “When we started discussing pickleball internally and our association with it, my joke was achar bina khaana kya! Look, it’s a fun, easy game to play for most people. And I can see food stalls, a happy game and the whole family there for a great weekend. We fit right into this scenario and deliver joy to folks, as per usual. This partnership with WPBL and Mumbai is Swiggy being part of what makes the city and indeed the world go round. Which is our way.”
WPBL co-founder & CEO Gaurav Natekar stated, “We strongly believe that the World Pickleball League can become one of India’s best and most popular leagues in the next 3-5 years. Brands like Swiggy coming onboard as Team Owners for the World Pickleball League is a true testament to how the sport and the league is vibing with the masses. As one of India’s most-loved companies, Swiggy will add to the overall excitement and help us reach an even larger audience—not just for the league, but for the sport of Pickleball as well.”
As the inaugural season approaches, fans can anticipate an exhilarating experience filled with high-energy matches and a vibrant atmosphere where six teams will compete for glory. The WPBL aims to transcend traditional sports events by creating a lifestyle experience that brings people together through their love for Pickleball.
Brands
YES Bank appoints S Anantharaman as chief risk officer
Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender
MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.
Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.
At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.
YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.
