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August 03, 2023
New Delhi, August 3, 2023: Leading merchant commerce omnichannel platform, Pine Labs today announced the appointment of Navnit Nakra as their Chief Revenue Officer. Navnit will be responsible for developing and executing growth strategies, new business generation, streamlining processes to attain efficiencies and maximising revenue streams for the Payments Business in India.
Prior to joining Pine Labs, Navnit was the CEO at OnePlus for India region where he spearheaded operations and the overall business strategy in India. Navnit has also worked for Apple where he was heading the Affordability business for India. He started his career with Citibank where he spent more than 14 years across consumer and institutional banking. In his last role at Citibank, he was leading the Commercial solutions groups for India and was the Regional lead for e-commerce segment for the bank across India, Greater China, and Korea.
Commenting on the appointment, Kush Mehra, President & CBO, Pine Labs, said, “Navnit has been a long-time partner of Pine Labs through his previous stints, and has a deep understanding of our platform and products. He is a seasoned professional with a wealth of experience in the banking and technology space. I am confident that under his leadership our organisation will further accelerate its growth momentum and reach newer heights. I welcome Navnit to the Pine Labs group and wish him the best in his journey ahead.”
“I am a strong proponent of Digital Payments and the overall ecosystem that India is pioneering. I am excited to join Pine Labs, an organisation that has been at the forefront of the digital payments revolution in the country. I look forward to working with the team and making a meaningful contribution to the ecosystem,” said Navnit Nakra, Chief Revenue Officer, Pine Labs.
Navnit holds an MBA from Faculty of Management Studies (FMS), University of Delhi. He is also an alumnus of Harvard Business School. Navnit has been a Diversity and Inclusion champion and is passionate about mentoring and advising young professionals and startups.
Pine Labs is a leading merchant commerce omnichannel platform operating across India and Southeast Asia. Pine Labs' tech-first approach to digital payments and focus on simplification at the front end aims to help many businesses embrace fintech products at scale. In digital payments, our online payments cloud-based software Plural represents a one-stop payments destination across channels. Plural is designed to deliver secure and frictionless online payment experiences to the end user, powered by an advanced tech stack that can augment an existing online business or build an all-new e-commerce payment setup from the ground up. Our Issuing business is powered by Qwikcilver - Qwikcilver offers a cutting-edge, full-stack, end-to-end technology service solution in the Pre-paid Transaction Management, Gift Cards, and Sales/ Distribution Space, with a strong presence in multiple countries and live service engagements with leading brands and major customers from the Retail, Hospitality and Airline Industries, across the following geographical regions; South Asia - India, South East Asia and the Far East - Singapore, Malaysia, Indonesia, Philippines, Middle East and Africa - Dubai, Abu Dhabi, South Africa, Europe - Luxembourg and Czech Republic, Australia, New Zealand and Hawaii in the United States of America, at the present moment. In consumer app, Fave is a fintech platform for the next generation of consumers, providing smart payments and savings, while empowering merchants with a loyalty solution to grow and engage with their customers in a whole new way.