MyGate has announced changes to its management team. The firm has elevated cofounder Abhishek Kumar, who was previously the chief operating officer, to the position of chief executive. Kumar has previously served as vice-president at American investment bank Goldman Sachs.
Meanwhile, cofounder Vijay Arisetty, who previously served as the chief executive, has now taken the role of chairman of the board. According to the company, Arisetty will guide the team on the firm's strategic direction and continue to mentor the leadership team.
“The company is well capitalised for its next phase of growth and has planned a strategic leadership transition as it gets poised for a new financial year,” MyGate said in a statement.
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Cofounder and chief technology officer Shreyans Daga will now have an expanded role overseeing product, technology, and new business initiatives, said the company. Previously, Daga has served as the project head at Oracle and Digit.
Additionally, Rohit Jindal, who has been with the company since 2017, has been elevated to the role of chief business officer. Jindal has previously worked as the sales leader at Tencent-backed healthcare and diagnostics platform Practo.
“MyGate is in its strongest financial position