Ex-Dun & Bradstreet, Ex-American Express executive Prasad Sonavane joins Innoviti as Chief Revenue Officer
- Move designed to build & nurture partnerships to further accelerate Innoviti's revenue expansion plans
BENGALURU, India, June 10, 2021 /PRNewswire/ --
"Partnerships & Alliances will play a pivotal role in implementing our growth strategy and we are delighted to have Prasad onboard to own this mandate. Prasad's expertise and vast knowledge will help enhance the value for all our bank and brand partners. His deep experience in building and nurturing partnerships will be an asset that blends well with Innoviti's vision using technology to help merchants large and small get an equal opportunity to fuel their growth." - said Ms. Amrita Malik, Co-Founder & Chief Business Officer - New Business Initiatives, Innoviti.
"It is an honor and a matter of pride to be joining the leadership team of Innoviti. The company leads the way in using technology to set new benchmarks for how retail businesses can seamlessly and cost-effectively leverage their payment acceptance processing infrastructure into genuine drivers of business growth. I am thrilled to be joining the company at its inflection point of growth and transformation and I am committed to building and delivering on our vision." - said Mr. Prasad Sonavane, Chief Revenue Officer, Partner Ecosystem Development, Innoviti.
About Innoviti Payment Solutions Pvt. Ltd., Bangalore, India.
Innoviti Payment Solutions Pvt. Ltd. has been a pioneer in using payment technology to help businesses extract better value from retail transactions than possible otherwise. The company processes over 10B$ of merchant payments from over 1000+ cities with a volume throughput per installation that is 2X of the country's average. Bessemer Venture Partners, USA, FMO, Netherlands, and Catamaran Ventures, India investors in the company. The company has several patents filed for with two awarded. Innoviti is the winner of Mastercard's Innovation Wizards Award, Reliance's Most Promising Growth Consumer Finance Award and Deloitte Fastest Growing Companies in Asia award in 2020. Innoviti is the only Indian payments SaaS company to be awarded the SOC3 seal of excellence for adherence to principles of trust in privacy, security, confidentiality, availability, and processing of transactions.
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