Piramal Capital and Housing Finance Ltd. (PCHFL), a subsidiary of Piramal Enterprises Limited has appointed Saurabh Mittal as Chief Technology Officer (CTO) of its Retail Finance business.
In this role, Mittal will lead technology strategy towards building a world-class Tech and Artificial Intelligence (AI)-led lending business, creating a cloud-native cutting-edge tech-stack. He will also be responsible for building a robust engineering team focussed on developing and managing technology for both customer and partner-facing business platforms of Piramal Retail Finance.
Mittal has nearly two decades of experience in building and scaling innovative consumer products across e-commerce and telecom domains. In his most recent role, at Amazon India, he led a team that engineered software systems for one of its fulfilment channels.
Earlier, Mittal was CTO at Medlife, where he played an instrumental role in defining, developing and evolving the company's product portfolio, and enabling business growth from scratch to a revenue of over US$ 100 million. Before joining Medlife, Saurabh headed the server development group at Nokia Life, a Value Added Services (VAS) division of Nokia; prior to which he held entrepreneurial roles at various start-ups where he built VAS for telecom operators.
Commenting on the appointment, Mittal said, "I am excited to join Piramal's Retail Finance business and look forward to driving disruptive innovation in lending technology, enabling hyper-personalized experiences for customers and businesses, and transforming the way lending works for the unserved customers in Bharat."
Mittal holds a Master of Technology (M.Tech) Degree and Bachelor of Technology (B.Tech) Degree in Electrical Engineering under the Dual Degree Program from IIT Bombay.
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