Navnit Nakra, former CEO of OnePlus India, has been appointed as the Chief Revenue Officer of Pine Labs. In his new role, Nakra will be responsible for developing growth strategies and maximizing revenue streams for the Payments Business in India.
Our Analysis and Commentary
Former OnePlus India CEO Navnit Nakra Joins Pine Labs to Drive Growth in the Payments Business
In a strategic move to strengthen its leadership team and drive growth in the payments business, Pine Labs has appointed Navnit Nakra as its Chief Revenue Officer. With his extensive experience in the banking and technology sectors, Nakra is poised to make a valuable contribution to Pine Labs and the digital payments ecosystem in India.
Having previously served as CEO at OnePlus for the India region, Nakra brings a wealth of knowledge in operations and business strategy to his new role. His tenure at Apple, where he led the Affordability business in India, further showcases his expertise in the technology industry. Prior to that, Nakra gained over 14 years of experience at Citibank, holding various roles in consumer and institutional banking.
Pine Labs’ decision to bring Nakra on board demonstrates their commitment to accelerating growth and embracing the digital payments revolution in India. As the country pioneers advancements in digital payments, Nakra’s strong advocacy for this ecosystem is a significant asset to the organization. His leadership and understanding of the platform and products will undoubtedly drive Pine Labs to reach new heights.
Furthermore, Nakra’s deep-rooted belief in diversity and inclusion, as well as his passion for mentoring and advising young professionals and startups, aligns perfectly with Pine Labs’ values. This synergy will foster a collaborative environment that empowers and nurtures talent within the organization.
As Pine Labs continues to operate across India and Southeast Asia, their tech-first approach and focus on simplification provide businesses with the tools they need to embrace fintech products at scale. In particular, Pine Labs’ Plural online payments cloud-based software offers a secure and frictionless payment experience for end users, making it a valuable solution for businesses looking to enhance their online presence.
With Pine Labs already establishing a strong presence in multiple countries, Nakra’s appointment is set to further solidify their position as a leading merchant commerce omnichannel platform. His diverse experience and profound understanding of the Indian market make him well-equipped to drive revenue growth, streamline processes, and capitalize on new business opportunities.
In conclusion, Navnit Nakra’s appointment as Chief Revenue Officer at Pine Labs marks an exciting chapter for the organization. With his extensive industry knowledge, passion for digital payments, and focus on fostering a collaborative workspace, Nakra is poised to spearhead Pine Labs’ growth and contribute to the larger ecosystem. As India continues its march towards becoming a cashless society, Pine Labs, under Nakra’s leadership, will play a significant role in shaping the future of digital payments in the region.
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Read the news here
Former OnePlus India CEO Navnit Nakra joins Pine Labs as Chief Revenue Officer
Leading merchant commerce omnichannel platform, Pine Labs today announced the appointment of Navnit Nakra as their Chief Revenue Officer. Navnit will be responsible for developing and executing growth strategies, new business generation, streamlining processes to attain efficiencies and maximising revenue streams for the Payments Business in India.
Prior to joining Pine Labs, Navnit was the CEO at OnePlus for India region where he spearheaded operations and the overall business strategy in India. Navnit has also worked for Apple where he was heading the Affordability business for India. He started his career with Citibank where he spent more than 14 years across consumer and institutional banking. In his last role at Citibank, he was leading the Commercial solutions groups for India and was the Regional lead for e-commerce segment for the bank across India, Greater China, and Korea.
Commenting on the appointment, Kush Mehra, President & CBO, Pine Labs, said, “Navnit has been a long-time partner of Pine Labs through his previous stints, and has a deep understanding of our platform and products. He is a seasoned professional with a wealth of experience in the banking and technology space. I am confident that under his leadership our organisation will further accelerate its growth momentum and reach newer heights. I welcome Navnit to the Pine Labs group and wish him the best in his journey ahead.”
“I am a strong proponent of Digital Payments and the overall ecosystem that India is pioneering. I am excited to join Pine Labs, an organisation that has been at the forefront of the digital payments revolution in the country. I look forward to working with the team and making a meaningful contribution to the ecosystem,” said Navnit Nakra, Chief Revenue Officer, Pine Labs.
Navnit holds an MBA from Faculty of Management Studies (FMS), University of Delhi. He is also an alumnus of Harvard Business School. Navnit has been a Diversity and Inclusion champion and is passionate about mentoring and advising young professionals and startups.
