ElasticRun Welcomes Ankit Gadia as New Chief Financial Officer

Mumbai, 26th July 2024: ElasticRun, a leading B2B e-commerce platform, is pleased to announce the appointment of Ankit Gadia as Chief Financial Officer. As a key member of the top management team, he will play a crucial role in shaping the business vision and providing long-term strategic direction for the company.

Ankit Gadia’s role will be instrumental in solidifying ElasticRun’s position as the go-to partner for major players in the B2B e-commerce sector, particularly aiming to expand rural consumption and achieve dominance. He will spearhead the development of innovative business strategies, fostering a culture of profitability throughout the organization. He will be working closely with ElasticRun’s co-founders and senior leadership to serve as the company’s face to investors, external partners, and government bodies, to bring this vision to life. This focus on strategic partnerships and financial discipline will drive performance across ElasticRun’s key business areas.

Sandeep Deshmukh, Co-Founder & CEO of ElasticRun, expressing enthusiasm about Ankit Gadia’s appointment, said, “We are super excited to welcome Ankit onboard. He brings a unique perspective from his experience of running a large listed Indian business. Ankit’s personal beliefs and values align perfectly with the ElasticRun ethos and culture. I am certain he will help propel ElasticRun in the next trajectory of growth and profitability.”

Commenting on his new role, Ankit Gadia, CFO of ElasticRun, said, “I am excited to join ElasticRun at this stage of its growth trajectory. I am sure with ElasticRun’s commitment to innovation and excellence; we can build a great organization together. I am looking forward to co-creating a profitable, sustainable, and scalable business.

A Chartered Accountant by profession, Ankit Gadia brings over 15 years of experience in finance leadership roles across domestic and global markets, particularly within the FMCG and pharmaceutical industries. He has held significant positions at renowned organizations such as PwC and Hindustan Unilever Limited. Most recently, he served as the Head of Finance – India at Cipla Ltd. He has also led finance operations for emerging markets and Europe, managing business and operations across more than 80 countries since 2019.