FundsIndia, a leading digital investment platform offering mutual funds and wealth management solutions, has announced the appointment of Akshay Sapru as its new Group Chief Executive Officer (CEO). The announcement was made on Saturday, marking a significant leadership change as the company eyes its next phase of strategic growth.
Backed by private equity firm WestBridge Capital, which holds a majority stake in the Chennai-based company, FundsIndia positions itself as a digitally driven investment platform catering to retail investors across India.
In his new role, Akshay Sapru will report directly to the Board of Directors and will be responsible for steering the company’s strategic direction and accelerating growth across its service verticals. Sapru brings with him over 27 years of experience in the banking, financial services, and insurance (BFSI) sectors. His professional background includes leadership roles in retail banking, private wealth management, sales strategy, and digital innovation, making him well-suited to drive FundsIndia’s evolution.
According to a company statement, Sapru’s multifaceted expertise is expected to enhance the platform’s capabilities and customer experience as the firm transitions into a comprehensive digital wealth management provider.
Commenting on the appointment, Sandeep Singhal, Managing Partner at WestBridge Capital, expressed confidence in Sapru’s leadership, stating: “His rich experience and strategic mindset will play a vital role in accelerating FundsIndia’s growth journey and help the firm deliver more value to clients across India.”
Singhal further emphasized the company’s vision of evolving into a full-service, tech-forward financial solutions provider under Sapru’s guidance.
The leadership change signals a renewed focus on innovation and scalability, aligning with broader trends in the Indian financial technology space where digital transformation and client-centric models are driving the next wave of growth.