by Suman Gupta
Bengaluru, August 29, 2023: Cashfree Payments, India’s leading payments and API banking solutions company announced the appointment of Chetan Yadav as Senior Vice President – Human Resources. The company continues to expand its senior leadership team as part of its efforts to get ready for the next phase of growth and expansion.
Chetan Yadav brings over 20 years of rich and diverse industry experience in handling key aspects of HR functions like Talent Acquisition, Talent Management, Key Talent Retention, Performance Management, Attrition Planning & Prevention, Performance Management, Compensation and Benefits, Compliance, Learning and Development, and Strategic Workforce Planning. He has played an important role in establishing new businesses and teams, both domestically and abroad. He has also managed large distributed teams. Chetan has experience working for various industries, leveraging his knowledge across sectors like tech products, robotics, e-commerce, finance, IT, and operations-intensive setups like hospitality and ITES.
As part of his current role, Chetan will oversee both the comprehensive HR operations and HR strategy at Cashfree Payments. As the Head of HR, he will have oversight over all teams, including Human Resources Business Partners, Human Resources Operations, Talent Acquisition, and Administration. His focus will be on driving transformational efforts through the lens of people and culture, enhancing capabilities, nurturing leadership, and aligning HR processes.
Commenting on the appointment, Akash Sinha, Co-founder & CEO, Cashfree Payments said, “As we continue to innovate for the payment ecosystem, we are delighted to welcome Chetan to the Cashfree Payments’ leadership suite. His outstanding journey, demonstrated capabilities, and experience in expanding tech companies and handling HR functions make him a fantastic addition to our business as we scale to the next phase of our growth story.”
Earlier this year, Cashfree Payments strengthened its top leadership with the appointments of Ramkumar Venkatesan as Chief Technology Officer, Arun Tikoo as Chief Business Officer, Parveen Kumar as Vice President – Operations and Vijay Ravisekar as Vice President – Product Management.
With over 50% market share among payment processors, Cashfree Payments today leads the way in bulk disbursals in India with Cashfree Payouts, and is also among the leading online payment aggregators. India’s largest lender, SBI invested in Cashfree Payments underscoring the company’s role in building a robust payments ecosystem. Cashfree Payments works closely with all leading banks to build the core payments and banking infrastructure that powers the company’s products. Cashfree Payments is also integrated with major platforms such as Shopify, Wix, PayPal, Amazon Pay, Paytm, and Google Pay. Apart from India, Cashfree Payments products are used in eight other countries including the USA, Canada, and UAE.
About Cashfree Payments:Cashfree Payments is a leading payment and API banking solutions company. It provides full stack payment solutions enabling businesses in India to collect payments and make payouts via all available methods with simple integration. Cashfree Payments’ offerings include an advanced and easy way to integrate payment gateways, a split payment solution for marketplaces, bank account verification API, Lending disbursals solution and Auto Collect — a virtual account solution to match inbound payments to customers. Founded by IIIT Hyderabad alumnus Akash Sinha and IIT Kharagpur graduate Reeju Datta,http://www.cashfree.comis among the leading payment service providers in India processing transactions worth USD 40 Billion annually. It has leveraged technology to lead payment disbursals in India with more than 50% market share among payment processors. Cashfree Payments enables more than 3,00,000 businesses with payment collections, vendor payouts, wage payouts, bulk refunds, expense reimbursements, loyalty and rewards. Apart from India, Cashfree Payments products are used in eight other countries including the USA, Canada, and UAE. Cashfree Payments is backed by Silicon Valley investor Y Combinator, Apis Partners, State Bank of India (SBI), and was incubated by PayPal.
