/ -- Plans to expand FlexSalary through strategic financial partnerships
(Logo: https://mma.prnewswire.com/media/779617/VivifiLogo.jpg )
(Logo: https://mma.prnewswire.com/media/779616/FlexsalaryLogo.jpg )
Speaking on the appointment, Anil Pinapala, Founder & CEO, Vivifi India, said, "I extend a warm welcome to Narayanan who will be a significant addition to Vivifi's growing team. Besides his rich experience in global consulting firms, Narayanan has demonstrated strong capabilities in establishing strategic financial partnerships with banks & non-banking institutions. This appointment is the first step of a comprehensive plan to add experienced resources in leadership roles who will expand and strengthen Vivifi's growth trajectory. Vivifi has been funding its own loans and operations until now and is looking for financial partnerships for debt as well as equity to help fuel its growth."
Commenting on his new role, Narayanan said, "Vivifi has achieved good penetration in a short span of time. My role will be of adding fuel to this growth by bringing in the right strategic long-term partnerships that are required for a new-age Fintech NBFC to rapidly capture market share. We will be looking at a right mix of equity and debt to optimize the growth opportunities."
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