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Former Top Wipro Executive Appointed As New Global CEO By Mastek

By StartupStory | July 7, 2021

Mastek an IT company announced on Tuesday that it has appointed former Wipro senior executive Hiral Chandrana as its Global Chief Executive Officer (CEO) of Mastek Group with effect from July 06, 2021. Hiral will be based out of the US. Hiral has over two and half decades of global experience in IT Services and Solutions across a diverse set of industries. He has worked with Wipro Limited, Electronic Data Systems (now part of DXC Technology) in business leadership roles.In his last role during a 14-year stint at Wipro, he served as the Senior Vice President & Global Head, Business Application Services.Mastek’s Vice Chairman & Managing Director, Ashank Desai said, “Hiral has demonstrated leadership in scaling global businesses and proven track record with the various facets of the IT Services industry. His successful global leadership experience will help us continue to deliver industry-leading growth, strengthen our global positioning around Digital Transformation and expand our capabilities in Digital & Cloud.”

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“I am excited to join the talented Mastek team and lead an organization with a rich heritage of many firsts built on a strong foundation of values. Business and operating models are evolving in today’s volatile environment as the shift to digital solutions and experiences accelerate. I look forward to collaborating with the Board and leadership team at Mastek as we continue to expand our reach and drive differentiated growth,” said Hiral Chandrana on being appointed.

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Clean-label food brand Anveshan has raised Rs 150 crore (nearly $16 million) in a Series B funding round led by Vertex Ventures Southeast Asia & India. The round also saw participation from International Finance Corporation (IFC), Swiggy co-founder Sri Harsha Majety, and existing investors including Wipro Consumer Care Ventures, Titan Capital Winners Fund, Force Ventures, and boAt co-founders Aman Gupta and Sameer Mehta. Entrackr had exclusively reported the development last week. According to Entrackr’s estimates, the funding valued the company at over $90 million. The fresh capital will be used to strengthen manufacturing capabilities, accelerate product development, expand offline distribution, and deepen its digital presence. The company also plans to invest in sourcing infrastructure, procurement systems, quality assurance, and testing capabilities while expanding partnerships with micro entrepreneurs and traditional producers. Founded in 2020 by Kuldeep Parewa, Akhil Kansal, and Aayushi Khandelwal, Anveshan sells minimally processed food products including A2 bilona ghee, cold-pressed oils, raw honey, atta, and other traditional nutrition-focused products. The startup operates through a network of rural producers and micro entrepreneurs across the country. Anveshan claims to be operating at an annual revenue run rate of Rs 280-300 crore and is targeting Rs 1,000 crore in revenue over the next 24-30 months. The company plans to expand its atta portfolio, strengthen its owned digital channels, scale offline distribution, and continue investing in product innovation. For the fiscal year ended March 2025, Anveshan reported a 64.6% increase in operating revenue to Rs 77.08 crore from Rs 46.84 crore in FY24. Its losses widened to Rs 11.88 crore in FY25 from Rs 5.74 crore in the previous fiscal year....

Former Top Wipro Executive Appointed As New Global CEO By Mastek

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