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Pine Labs Appoints Ex One Plus India CEO Navnit Nakra As Chief Revenue Officer   Business Today

Aug 03, 2023almost 2 years ago

Position

Chief Revenue Officer

Company

Pine Labs

Navnit Nakra
Noida

Description

Pine Labs, a leading merchant commerce omnichannel platform, on Thursday appointed former One Plus India CEO Navnit Nakra as their Chief Revenue Officer . As the CRO of Pine Labs, Nakra will take care of maximizing revenue streams for Payments Business in India, developing and executing growth strategies, new business generation, and streamlining processes for attaining efficiencies, according to a company statement.

Company Information

Company

Pine Labs

Location

Noida, Uttar Pradesh, India

About

Pine Labs is a leading merchant commerce omnichannel platform across India and Southeast Asia. Our deep technology is designed to empower businesses and fuel their entrepreneurial spirit. We build and host a roster of fintech products, from digital payments to loyalty solutions. Our cloud-based software, Plural, delivers secure and frictionless online payments to support businesses. Qwikcilver, a go-to gift card provider, caters to corporates by issuing closed-loop gift cards for customer acquisition. Fave, a fintech platform for the next generation of consumers, also enables merchants to grow and engage their customers with loyalty solutions. Incorporated in Singapore, our key investors include Sequoia India, Actis Capital, Temasek, PayPal, and Mastercard. To learn more, please visit www.pinelabs.com.

Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

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