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PayU appoints ex-Snapdeal man Aakash Moondhra as global CFO

  • Online
    payment services firm PayU Global has appointed former Snapdeal executive
    Aakash Moondhra as chief financial officer.
  •  

  •  
  • PayU, backed
    • Online
      payment services firm PayU Global has appointed former Snapdeal executive
      Aakash Moondhra as chief financial officer.
    •  

    •  
    • PayU, backed
      by Internet and media group Naspers, has operations in 18 countries including
      Latin America, India, Central Eastern Europe, and Middle East and Africa.
    •  
    • Apart from
      acting as the CFO and working closely with PayU’s India arm – PayU India
      Private Ltd, Moondhra will also be shaping the strategy and vision of Naspers’s
      financial technology business, the company said in a statement.
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    • Moondhra, 41,
      was CFO of online marketplace Snapdeal, run by Jasper Infotech, for three
      years. He has also worked with Nokia, Baring Private Equity Partners, and Bharti
      Airtel.
    •  
    • “As a
      finance professional I’m thrilled to be a part of one of the largest consumer
      Internet company globally, and hope to make significant contributions in
      further fortifying its financial operations and shaping the global strategy and
      execution of Naspers Payments Business,” said Moondhra.
    •  
    • During his
      time at Snapdeal, Moondhra helped the company raise $1 billion from investors
      such as Japan’s SoftBank and online marketplace eBay, among others.
    •  
    • He is a
      chartered accountant and a company secretary, and has done his MBA in finance
      and strategy from Southern Methodist University, Cox School of Business, US.  Moondhra, who is a fitness enthusiast and an
      avid reader of Hindi literature, loves to travel and explore uncharted places
      around the world. When not working, he runs half marathons or bikes.
    •  
    • In February
      last year, travel and accommodation-focused e-commerce firm, Ibibo Group, had
      hived off its PayU India unit to Naspers.

     

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