Mumbai : FundsIndia, one of India’s pioneering digital investment platforms, is pleased to announce the appointment of Akshay Sapru as its Group Chief Executive Officer. The leadership change marks a new phase for FundsIndia, as it evolves into a full-spectrum wealth management firm. Based in Bengaluru, Akshay will report to the Board of Directors and lead the company’s strategic direction and growth across all verticals. Having evolved beyond its digital-only roots, FundsIndia now operates across major metros with strong B2C, B2B and Private Wealth verticals.

FundsIndia is backed by WestBridge Capital as a majority stakeholder and commenting on the appointment, Sandeep Singhal, Managing Partner, WestBridge Capital, said that, “We are delighted to welcome Akshay as the new Group CEO of FundsIndia. His rich experience and strategic mindset will play a vital role in accelerating FundsIndia’s growth journey and help the firm delivery a more value to clients across India. We look forward to Akshay leading the company’s evolution towards a digitally driven full service wealth management solutions provider.”

Speaking on the new role, Akshay Sapru said, “I am honoured to lead FundsIndia at such a pivotal stage in its journey. I deeply appreciate the trust placed in me by the Board. I look forward to working alongside a passionate and high-performing team and build on our strong foundation with a goal of establishing FundsIndia as the most valued brand in digital wealth management.“

With a robust career spanning over 27 years in the BFSI sector, Akshay Sapru brings a wealth of domain knowledge and multifaceted leadership skills to FundsIndia. His expertise covers a broad spectrum, including retail banking, affluent banking, private wealth management, strategy, sales, customer engagement, and digital innovation. Before joining FundsIndia, Akshay served as the Country Head for Private Banking, Spectrum Banking, and Liabilities Products at YES Bank Limited. After beginning his banking career at ICICI Bank, Akshay went on to hold key leadership positions at ABN AMRO/RBS and IndusInd Bank—a testament to his extensive experience and proven track record, which now lays a solid foundation for leading FundsIndia into its next phase of growth.

Throughout his career, Akshay has been instrumental in scaling branch banking franchises, launching new business lines, and driving innovation-led growth across multiple organizations.

Akshay takes over the leadership baton from Girirajan Murugan, who successfully led FundsIndia since 2019 and played an instrumental role in WestBridge’s acquisition of majority ownership in FundsIndia in August 2023. Under his stewardship, the company not only weathered the challenges of the COVID-19 pandemic but also achieved profitability, setting a strong foundation for future growth. Girirajan Murugan will continue to serve on the Board of FundsIndia. As Group CEO, Akshay will oversee all business units and central functions. FundsIndia’s B2B vertical will continue to be led by Manish Gadhvi (CEO – Partners), and the Private Wealth vertical will be spearheaded by Srinivas Mendu (CEO – Private Wealth), both of whom will report to Akshay as they strive to take their respective businesses to new heights.

Akshay’s academic journey includes a Bachelor’s degree in Business Studies from Shaheed Sukhdev College of Business Studies, University of Delhi, and a PGDM from Symbiosis Centre for Management and HRD (SCMHRD), Pune.