UK-based Revolut to launch in India, hires ex-Airtel Money exec as CEO

Revolut, a UK-based global financial technology firm, valued at $5.5 billion last year, on Wednesday announced the appointment of Paroma Chatterjee as its chief executive in India, as part of its global expansion plans.

Before joining Revolut, Chatterjee held senior executive roles at Lendingkart, Via.com, Flipkart and Airtel Money. In her new role at Revolut, she will build and lead the India unit, define and implement the business strategy, hire the team and manage licence applications and any potential acquisitions in the market.

Revolut is making a multi-million pound investment in India over the next five years and has committed itself to the creation of 300 new jobs in the country to serve its global business operations.