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Rivigo appoints McKinsey’s Prabhav Sharma as CEO of FTL business

Technology backed trucking company Rivigo has announced the appointment of Prabhav Sharma, former partner at McKinsey Asia, as the Chief Executive Officer of its Full Truck Load (FTL) business. 

An IIT Mumbai and IIM Lucknow alumnus, Prabhav led the digital consulting practice for McKinsey Asia. He brings 15 years of experience and has previously led the supply chain and logistics practice globally for the energy and materials sector. He has also pioneered the development of technology-led solutions to solve for network optimisation, end-to-end supply chain optimisation and other problem statements.

In his new role, Prabhav will be responsible for leading the asset-light relay-as-a-service approach at Rivigo and implementing it at scale. 

Scaler strengthens leadership team

Bengaluru-based edtech company Scaler has announced two new appointments to its leadership team for its people and culture practice, as well as the data analytics unit. The upskilling platform backed by Lightrock India and Tiger Global has announced the appointment of Akshay Raje as the head of people and culture and Kashif Kudalkar as the head of data and analytics.

Prior to this, Akshay Raje, served as the team lead for product at WordLift.io, an AI tool for WordPress. He started his journey with Asian Paints, followed by CitiGroup and has worked in a central HR role at Ernst and Young. He will be responsible for attracting new talent and talent retention in his new role at Scaler.

Kashif Kudalkar served as general manager and head of marketing and consumer analytics at Times Professional learning, a division of BCCL before joining Scaler. He has previously worked with Eureka Forbes and will be responsible for setting up a data-driven ecosystem in the company.

SoftPOS will revolutionise digital payments: Cashfree Payments and Digital Fifth report 

According to a report published by payment and API banking solutions company Cashfree Paymentsand fintech consulting firm Digital Fifth, app or SDK-based Point-of-Sale (POS) or softPOS can act as a game-changer to foster digital payments with increasing internet and smartphone penetration in semi-urban and rural India.

The report highlights that softPOS can be easily adopted by small and medium businesses via an app download onto an NFC enabled device, converting it into a POS terminal without the need for additional hardware like a card reader. This enables easy acceptance of card, UPI, QR codes and others for merchants, using their existing smartphones.

The report dives into the evolution of the POS terminal, changing the payments landscape with UPI’s entry and the potential of softPOS in levelling the playing field.