MAM
Zaggle doubles down on growth with two new faces at the Fintech table
MUMBAI: When scale meets structure, leadership tends to follow. Zaggle Prepaid Ocean Services Limited, India’s spend management and SaaS-led Fintech firm, has strengthened its senior ranks with two key appointments aimed at fuelling growth while tightening financial discipline.
The company has appointed Nilesh Dadpe as executive vice president for cross sell and Rajesh Tummalaganti as deputy chief financial officer. The move comes as Zaggle scales its platform, expands its portfolio and sharpens its focus on long-term, profitable growth.
In his new role, Dadpe will focus on extracting deeper value from Zaggle’s existing corporate client base, driving wider adoption of its solutions and strengthening long-term partnerships. With a background spanning enterprise sales, customer engagement and solution-led growth, his mandate centres on boosting customer lifetime value and building a more predictable revenue engine.
Tummalaganti, as Deputy CFO, will take charge of reinforcing financial controls, compliance, reporting and capital planning. His experience in financial governance and scaling finance functions is expected to support Zaggle’s emphasis on transparency, fiscal discipline and value creation as a listed FinTech company.
Commenting on the appointments, Zaggle founder and executive chairman Raj P. Narayanam said the additions reflect the company’s focus on leadership that delivers strategic impact while inspiring stakeholder confidence. He noted that Dadpe’s cross-sell expertise strengthens Zaggle’s growth engine, while Tummalaganti’s financial acumen reinforces governance and capital discipline.
Together, the expanded leadership team is expected to play a pivotal role in accelerating portfolio expansion, improving operational efficiency and maximising customer lifecycle value ensuring Zaggle’s next phase of growth is as controlled as it is ambitious.
Brands
Safex Group appoints Richa Malhotra as group chief financial officer
Former Standard Chartered executive to steer finance
NEW DELHI: Safex Chemicals has appointed Richa Malhotra as group chief financial officer, strengthening its leadership team as the company prepares for the next phase of expansion in specialty chemicals and global agrochemicals.
In her new role, Malhotra will lead the group’s financial strategy, capital architecture and governance framework as Safex scales operations across multiple verticals including branded formulations, specialty chemicals and contract manufacturing.
A chartered accountant and graduate of Shri Ram College of Commerce, University of Delhi, Malhotra brings more than two decades of experience in business finance, strategic planning, corporate banking and client management.
Before joining Safex, she served as executive director, financial markets at Standard Chartered, where she led teams across India and Sri Lanka and worked closely with large corporates, global subsidiaries and commercial banking clients. Her expertise includes capital structuring, treasury operations, risk management and financial markets led financing solutions.
Safex Group promoter director and joint managing director Piyush Jindal, said the appointment comes at a pivotal time for the company. “Safex stands at an inflection point as we build an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will strengthen our financial discipline and help unlock value across the group,” he said.
Malhotra said she was looking forward to contributing to the company’s next chapter of growth. “Safex has built a strong reputation over 35 years with its focus on integrity, innovation and agricultural insight. I am excited to be part of the organisation as it expands its footprint in India and global markets,” she said.
The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.
