Sameer Garde to become CEO of Capillary Technologies
By MYBRANDBOOK
Capillary Technologies today announced that Co-founder and CEO Aneesh Reddy will transition to the role of Vice Chairman and Managing Director, and Sameer Garde, presently a Capillary Technologies Board Member and Independent Director, will become the Chief Executive Officer, effective from January 1st, 2023. Aneesh Reddy will continue in the Board of Capillary Technologies Ltd and guide the leadership team. Sameer will report to the Board of Capillary Technologies.
“It has been a great ride at Capillary over the last 14 years. During this time, we became one of the first SaaS companies in India to penetrate not only India but the wider Asian market, and also had the privilege to serve some of the largest customers globally, attracting marque investors along the way. I am delighted to welcome Sameer to take on the mantle from me,” said Aneesh Reddy.
This change comes at a time when the multi-vertical consumer loyalty management space has grown rapidly and is now estimated to be over US$10Bn. With an impending IPO and aspirations to build Capillary into a world leader in the space, Sameer will contribute towards fulfilling these ambitions by building a company that delivers predictable growth profitably and constantly whilst also exceeding customer and partner expectations.
“Capillary Technologies is a market leader in the loyalty and engagement space and has been acknowledged by leading industry analysts and Fortune 500 customers globally. I have now been involved with Capillary for nearly a year as an independent board member. Having worked closely with Aneesh and his team, it is a privilege to take on this leadership role within the company. I look forward to providing the guidance and vision for this new chapter in Capillary’s story,” said Sameer Garde.
Sameer Garde is an alumnus of IIT Delhi and IIM Calcutta. He started his career with Nestle as an Area Sales Manager in India, and then worked with Whirlpool as a Regional Director for West in India and as a Brand Head in Western Europe. He then moved on to Dell India where he spent 8 years helping it grow from a $40mn organization to a $1.3Bn organization. He then moved to the US with Dell for two years as the global leader for the multi-billion dollar OEM business at Dell. In his most recent role, he was the President for Cisco in India. Under his leadership in Cisco India was amongst the fastest growing countries globally.
Neelam Dhawan, Chairperson and Independent Director at Capillary, said, “I am delighted to see Sameer Garde lead Capillary Technologies forward. Sameer is a seasoned veteran of the IT industry and his deep expertise is extremely valuable for Capillary at this stage of our growth and development.”
Shailesh Lakhani from Sequoia Capital added, “We welcome Sameer Garde as Capillary’s new CEO. He has significant experience in building some of the most respected organizations of our time and we look forward to working with him to take Capillary into its next phase of growth.”
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
AMD Pensando driving innovation in the DPU architecture space
AMD Pensando stands out in the DPU (Data Processing Unit) market with its u
In India, 88% of Indian business leaders are planning to inves
As we move through 2024, it has become increasingly clear that AI is not ju
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
STERLITE TECHNOLOGIES LTD.
TEJAS NETWORKS INDIA PVT. LTD.
NUMERIC INDIA, A Group Brand Legrand
HAVELLS INDIA LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : Dr. Sanjay Bahl
Dr. Sanjay Bahl has around four decades of experience in the ICT indus...
ICONS OF INDIA : ROSHNI NADAR MALHOTRA
Roshni Nadar Malhotra is the Chairperson of HCLTech, a leading global ...
Icons Of India : Kumar Mangalam Birla
Aditya Birla Group chairman Kumar Mangalam Birla recently made a comeb...
PARTNER SPEAKERS
PSU
PFC - Power Finance Corporation Ltd
PFC is a leading financial institution in India specializing in power ...
NIC - National Informatics Centre
NIC serves as the primary IT solutions provider for the government of ...
ECIL - Electronics Corporation of India Limited
ECIL is distinguished by its diverse technological capabilities and it...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - JAYASHREE ULLAL, President and CEO - Arista Network
Jayshree V. Ullal is a British-American billionaire businesswoman, ser...
Indian Tech Talent Excelling The Tech World - Vinod Dham, Founder & Executive Managing Partner, IndoUS Venture Partners
Vinod Dham, known as the “Father of the Pentium Chip,” has left an...
Indian Tech Talent Excelling The Tech World - Soni Jiandani, Co-Founder- Pensando Systems
Soni Jiandani, Co-Founder of Pensando Systems, is a tech visionary ren...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
