One97 appoints CFO, also expands the Board

One97 appoints CFO, also expands the Board

Raj Ahuja, from Star India joins as the CFO and
Vivek N. Gour, CEO Air Works joins the Board

New Delhi,  India’s leading Mobile-Internet company, One97 Communications Ltd. today announced expansion of its key finance leadership. Raj Ahuja will be the new Chief Financial Officer and Vivek N. Gour will join as Independent Board Director.

Raj Ahuja comes to One97 from Star India where he was Executive Vice President of Finance.  With over 21 years in the industry, Raj has been General Manager Business Finance with Wipro and Director, Finance & Operations at NXP.

Ahuja sees a wealth of possibilities in his new role: “I am excited to join the executive team at One97 that has been so smart and financially savvy with its operations. I am impressed by the team’s dedication growth and customer focus. I look forward to help driving and developing One97’s business.” Raj Ahuja has a Bachelor of Commerce degree from Sri Ram College of Commerce and holds ICMA of the Institute of Cost and Works Accountants of India-ICWAI and FCA of The Institute of Chartered Accountants of India.

Nasdaq-listed MakeMyTrip’s board member, Vivek N. Gour’s appointment brings the number of board members to six for One97. In addition, he will be the Chairman of the company’s Audit Committee. Gour is currently the Managing Director of Air Works, an Aviation MRO Refinishing Services. Prior to that Gour was Chief Financial Officer of NYSE listed Genpact Limited.  He played an integral role in transforming Genpact from a captive unit of GE into a highly profitable public company.

“I am honored to join the One97 board and work with this exceptional team,“ comments Gour on his appointment.  “Over the years, I have come to know and admire One97’s management team. I am confident they have the leadership and vision to ensure One97’s success.” Vivek is an MBA from the Faculty of Management Studies, University of Delhi, and holds a Bachelor of Commerce Degree from Sydenham College, University of Bombay.

On the occasion Vijay Shekhar Sharma, Chairman and Managing Director of One97 said, “With the scale that we are aiming, the addition of Raj and Vivek leadership brings a great strength to us. The Mobile Internet business opportunity is immense and their experience will go long way in the creation of a great company.”

About One97 Communications

One97 Communications Ltd. is the leading mobile Internet Company from India. Driven by great consumer experience, it offers digital goods & services to mobile consumers under Paytm brand. One97 also provides mobile advertising, marketing and payments for merchants.

One97 is backed by marquee investors SAIF Partners, Intel Capital, SAP Ventures and Silicon Valley Bank and has offices in India, Middle East and Africa.