PayU appoints Arvind Agarwal as CFO for its India Payments Business
Online payments solutions provider PayU has appointed Arvind Agarwal as chief financial officer for its India Payments Business.
In his career spanning over two decades, Agarwal has handled a wide range of financial and strategic leadership roles with multiple dynamic consumer-facing multi-billion-dollar tech companies.
He joins PayU after a successful stint at Nykaa that saw robust recovery from Covid while turning the unicorn profitable. “Agarwal was an integral part of Nykaa’s leadership team and during his tenure. he successfully built up the finance function for scale, initiating strong foundational processes and governance. He played a significant role in steering a very successful public listing for the company,” the company said in a statement.
Prior to joining Nykaa in 2020, Arvind worked as financial planning and analysis leader and business controller at Amazon for three years. In 2012 he joined Vodafone India where he spent more than 5 years as CFO and Financial Controller.
“We are pleased to welcome Arvind to our leadership team as we look at accelerating the growth of our integrated digital financial ecosystem. India is the largest market for PayU, and we are witnessing an unprecedented growth in this region. Arvind brings tremendous experience and proven judgment, which is going to work in favour of PayU India, with the company heralding a new growth journey,” said Anirban Mukherjee, CEO – PayU Payments.
“I am excited about PayU’s vision of creating a full stack digital financial services platform for India. Both PayU and the overall digitisation wave in India are at a critical growth juncture, so this is a fantastic prospect for expanding my learnings in digital economy. I look forward to being a part of this journey,” added Agarwal.