CarDekho Group has appointed Parthasarathy Vankipuram Srinivas as an Independent Director.
The arrangement is in accordance with the organization’s evenhanded of reinforcing its board and in general Corporate Governance inside the CarDekho Group. The organization is preparing for its IPO (Initial Public Offering) in the following 12-14 months.
Partha (as Mr. Parthasarathy is affectionately called) at present fills in as the non-leader non-free Vice-Chairman of Allcargo Logistics Limited, an Independent Director of as of late recorded Life Insurance Corporation (LIC), Imperial Auto Industries Limited, IAI Industries Limited, Greencell Mobility Private Limited, and fills in as Director of Rudi Multi Trading Company Limited, Kids Clinic India Limited (Cloudnine) and ECU Worldwide. He’s an enthusiastic social laborer through his commitment to SEWA and Catalyst. He is additionally the Chairman Nominee on the Board of Governance at the National Institute of Industrial Engineering (NITIE).
With 36+ long periods of involvement with different worldwide rumored associations across a wide scope of areas, Mr. Parthasarathy has constructed a few high performing groups and organizations. Partha is a carefully prepared business pioneer and has worked with the Mahindra Group in administrative role for over twenty years and with Xerox for quite some time. He’s a Chartered Accountant from ICAI and ICAEW, UK, and a former student of Harvard Business School’s Advanced Management Program (2011).
Mr. Parthasarathy has gotten Lifetime Achievement Awards for his influential positions like Business World – Yes Bank Hall of Fame Award, Best CFO of India Award by IMA Corporate Excellence Awards, Digital Icon of India Award by Hewlett Packard Enterprise Company, and CIO 100 – Hall of Fame, among others.
He has, before, stood firm on a few industry gathering footholds as a Chairman of Sustainable Council of Federation of Indian Chambers of Commerce and Industry (FICCI) – 2021, President – Bombay Chamber of Commerce and Industry (2019-2020), Chairman of Association of Finance Profession of India (AFPI) (2015-2020), other than working intimately with Ministry of Finance through CFO Board, and on worldwide warning sheets for CISCO/SAP. He keeps on utilizing his insight and experience for cooperative drives across various levels.
Amit Jain, Co-pioneer and CEO, CarDekho Group, said, ‘We are glad to have Partha join our board. His differentiated rich experience will assist us with additional reinforcing corporate administration as we get ready for our IPO and the following period of development.’
Mr Parthasarathy V S said, ‘CarDekho’s getting through vision, unrivaled history and administrative role across different innovation driven auto arrangements have given it an extraordinary situation in the market across India and abroad. I anticipate contribute in expanding on this achievement further.’
Driven by vigorous execution across the entirety of its business verticals, the gathering accomplished ~INR 2400 crs ARR (Annual Revenue Runrate) in Mar’22, one more key achievement towards satisfying its vision of making vehicle purchasing, selling and possessing brilliant for clients.