Bharat Krishnamurthy has been promoted to CTO for Yubi and Aspero. He previously served as VP of Engineering at Yubi.
Other leadership promotions include Ramesh Ramanathan, now Deputy CFO of Yubi Group, promoted from the role of Financial Controller at Yubi; Amitesh Bhattacharya, Group General Counsel for Yubi companies, promoted from the role of Chief Legal Counsel at Yubi; and Vinod Deiveegan, new Chief Commercial Officer of group firm Corpository, who was previously Senior Vice President of Sales at Yubi.
According to the release, Anand Narayanan is the new chief product officer for Yubi and Corpository. Yubi Group has also added more than 90 new employees on campus in the quarter ending in June.
During the quarter, the company added 2.2 million shares to its employee stock option plan (Esop), taking the cumulative stock option pool to about Rs 1,000 crore, the statement said.
Yubi Group, a technology company that offers end-to-end debt lifecycle solutions, comprises spoctoX, a digital debt collection platform, and Corpository, a SaaS-based credit assessment platform in India, and Aspero, which offers a platform for seamless investment in fixed-income securities for retail investors and wealth partners, the company said in a statement. Recently, Yubi Group acquired FinFort, a retail SaaS credit assessment company, which is now integrated into Corpository. “As we continue to deepen the debt market and democratize the flow of capital, our newly appointed leaders will play a pivotal role in achieving our vision and delivering exceptional value to our clients,” said Gaurav Kumar, Founder and CEO, Yubi Group. “Our expanded stock option plan further aligns the interests of our team members with the long-term success of the company, empowering them as stakeholders in our collective journey.” Yubi is backed by investors including Peak XV, Lightspeed, Lightrock, TVS Capital, B Capital Group, Dragoneer Investment Group and Insight Partners, among others, the statement said.
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