Get All Access for $5/mo

Meesho's Vidit Aatrey joins Navi's Board of Directors Navi also recently appointed three other independent directors - Mr Abhijit Bose, Shripad Shrikrishna Nadkarni, and Usha A Narayanan

By Akshit Pushkarna

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Vidit Aatrey, CEO, Meesho

Navi Technologies has announced the appointment of Vidit Aatrey, the co-founder & CEO of Meesho, as an Independent Director on its board of directors effective as of April 9, 2022.

Aatrey's is the fourth appointment that Navi has made to its board, after the company recently announced the appointment of three other Independent Directors, namely, Abhijit Bose, Head, WhatsApp India, Shripad Nadkarni, Founder and Director, Maverix Platforms, and Usha Narayanan.

With Aatrey's appointment, Navi's Board now comprises 7 members, majority of which are independent directors. The other board members include Sachin Bansal, Navi's promoter and co-founder, Ankit Agarwal, co-founder, Navi, and Anand Sinha, former Deputy Governor, Reserve Bank of India.

"I am pleased to welcome Bobby (Abhijit), Shripad, Usha and, most recently, Vidit to our Board. They each bring a unique perspective and I believe they will add significant strategic value to Navi as we continue to grow. These appointments further reinforce our commitment to setting high standards in corporate governance," Bansal said.

The tech company is heading towards their IPO at the moment. It filed a Draft Red Herring Prospectus (DRHP) on March 12. Navi plans to raise INR 3,350 crore through the IPO through a fresh issue of shares.

Navi group offers a range of financial services and products such as Personal Loans, Home Loans, Retail Health Insurance and Mutual Funds.

Akshit Pushkarna

Former Features Writer

News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Leadership

Visionaries or Vague Promises? Why Companies Fail Without Leaders Who See Beyond the Bottom Line

Visionary leaders turn bold ideas into lasting impact by building resilience, clarity and future-ready teams.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Multiples Private Equity Leads INR 1000 Cr Funding in Shubham Housing

With the raised funds, the Gurugram-based platform aims to propel its growth trajectory, diversifying its product offerings and strengthening its national footprint.

Living

70% of Small Business Owners Experience Monthly Burnout. Follow These 3 Rules to Avoid the Same Fate.

Here are three guidelines to help entrepreneurs achieve balance, growth and success in both their professional and personal endeavors.