Pine Labs, the leading merchant commerce omnichannel platform, has appointed Navnit Nakra as its Chief Revenue Officer, in a strategic move to drive growth and maximize revenue streams for the payments business in India.
Before joining Pine Labs, Nakra held the position of CEO for the India region at OnePlus, where he played a pivotal role in shaping the brand’s success in the country. Prior to that, he made significant contributions to Apple, spearheading the Affordability business for India. Nakra’s career journey began at Citibank, where he gained extensive experience spanning over 14 years, working across consumer and institutional banking.
In his last role at Citibank, Nakra held key leadership positions, leading the commercial solutions groups for India and serving as the regional lead for e-commerce across India, Greater China, and Korea. His diverse experience in the financial and technology sectors positions him as a valuable asset to Pine Labs, where he is now entrusted with developing and executing growth strategies, generating new business opportunities, and optimizing processes for increased efficiency.
An official statement from Pine Labs highlights Nakra’s role in driving the company’s expansion and revenue generation. With his wealth of expertise, Nakra is set to steer Pine Labs towards new heights in the rapidly evolving payments industry.
Kush Mehra, President and CBO, Pine Labs, said, “Navnit has been a long-time partner of Pine Labs through his previous stints, and has a deep understanding of our platform and products. He is a seasoned professional with a wealth of experience in the banking and technology space. I am confident that under his leadership our organisation will further accelerate its growth momentum and reach newer heights. I welcome Navnit to the Pine Labs group and wish him the best in his journey ahead.”
“I am a strong proponent of digital payments and the overall ecosystem that India is pioneering. I am excited to join Pine Labs, an organisation that has been at the forefront of the digital payments revolution in the country. I look forward to working with the team and making a meaningful contribution to the ecosystem,” said Nakra.
