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Innoviti brings on board former Croma executive as chief business officer

Taware’s appointment reaffirms the company’s goal of building a world-class payments company by bringing senior talent from user industries to strengthen its expanding eco-system of payments-linked value-added services for retail merchants.

, ET Bureau|
Updated: Dec 11, 2019, 12.08 PM IST
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Innoviti is backed by marquee investors including Bessemer Venture Partners, USA, FMO, Netherlands, SBI Venture Capital, Singapore and Catamaran, India.
BENGALURU: Payment solutions provider Innoviti Payment Solutions has announced the induction of former Future Group and Croma senior executive Hemant Taware to its senior management team as chief business officer, said a company statement issued today.

Taware has over 25 years of diverse experience in direct sales, marketing, and operations across sectors like food and grocery, apparel, CDIT and telecom. Until recently, he was the strategic planning and business development head at Future Group where he has been instrumental in orchestrating change management in their design & build function.

Prior to that he handled leadership roles at some of India’s marquee retail organisations such as chief operating officer at HyperCITY Retail, chief of operations at Croma, chief operating officer at The Mobile Store and general manager at ABRL.

Taware’s appointment reaffirms the company’s goal of building a world-class payments company by bringing senior talent from user industries to strengthen its expanding eco-system of payments-linked value-added services for retail merchants.

“I’m excited to be joining Innoviti’s team at a crucial time when the company is poised to aggressively grow its software solutions in the digital payments space. The company’s technologies have been at the forefront of setting new benchmarks for how retail businesses can extract more out of a payment transaction by adding intelligence to it - this is helping retail businesses transform their payment acceptance processing infrastructure into genuine drivers of business growth in today’s tough economic environment,” said Hemant Taware, chief business officer – merchant ecosystem, Innoviti.

Innoviti is backed by marquee investors including Bessemer Venture Partners, USA, FMO, Netherlands, SBI Venture Capital, Singapore and Catamaran, India.

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