B K Panda appointed Coal Mines Provident Fund Commissioner

Senior bureaucrat B K Panda was today appointed as Commissioner of Coal Mines Provident Fund Organisation based in Dhanbad.
Panda is a 1988 batch officer of Indian Ordnance Factory Service.
The Appointments Committee of Cabinet has approved appointment of Panda to the post for five years, an order issued by Department of Personnel and Training said.
In a recent top-deck appointment, Innoviti Payment
Solutions, a leading provider of Payment Automation and Credit Distribution Solutions has roped in Hari Charan Rao, erstwhile AVP at Reliance Jio, as Vice President of Software Engineering. Hari was managing their Data Sciences & Analytics and Cloud Engineering divisions. (Logo: http://photos.Prnewswire.Com/prnh/20151009/10132317 )

A University of Florida, Gainesville alumnus Hari brings with him 20+ years of rich Software Product Development experience post successful stints with blue-chip companies like Reliance Jio, Oracle India, Oracle Corporation, USA and Informix Software (now IBM). In his earlier stint at Oracle Corporation, USA and Oracle India, Hari progressed through leadership roles to become Director of Product Development at Oracle India. He has 5 invention disclosures filed with the United States Patent & Trademark Office with 4 Patents issued.

Speaking on the appointment, Rajeev Agrawal, CEO, Innoviti said, "Innoviti has had a track record of using technology for solving hard problems. With Hari we are aiming to take our platform to the next level, where it will allow for people to find new problems to solve. This is a fundamental change in our thinking that will open up possibilities for innovation in payments that hitherto didn't exist."

Innoviti's smelending.Com is an online marketplace that
facilitates a seamless trade credit between manufacturers or suppliers, their large number of credit-seeking dealers and trade finance lenders who are eager to tap this profitable but fragmented lending opportunity. More than 24,000 dealers avail credit of 14/28 days through this platform with 150,000 loans worth Rs. 400 Cr. Being distributed annually across 30+ Indian cities, making it India's largest SME lending marketplace.
"I joined Innoviti due to its ambitious vision, aggressive plans and clear strategy to break new ground in Payment Automation and Credit Distribution sectors. I'm excited to participate in driving the next phase of the company's growth," commented Mr. Hari Charan Rao.

Innoviti's smelending.Com is #1 in the segment of SME
lending, processing over Rs 400 Cr. Per year. UniPAY is India's only omni-channel payment platform for managing payment automation.
The company has won Deloitte Asia Pacific award three years in a row and Red Herring Asia award twice. Innoviti is backed by marquee investors such as Titan Company (JV between Tata Group and TIDCO), Catamaran Ventures and New India Investment Corporation, Canada.
For more information, please visit -
http://www.Innoviti.Com
Media Contact:
Sarath Chandra Nerella
Sarath@innoviti.Com
+91-7795348478
Marketing Manager
Innoviti Payment Solutions Pvt. Ltd. Photo: http://photos.Prnewswire.Com/prnh/20151009/10132317 Source: Innoviti Payment Solutions Pvt. Ltd.