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    CredAvenue brings on board ByteDance's Abhishek Mehrotra as CHRO

    Synopsis

    Debt markets platform CredAvenue has brought on board Abhishek Mehrotra as chief human resource officer. Mehrotra joins the firm from Bytedance.

    1609649572551Agencies
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    Debt markets platform CredAvenue has brought on board Abhishek Mehrotra as chief human resource officer. Mehrotra joins the firm from Bytedance.

    He has over two decades of experience in human resources, including establishing and improving HR and organisational structures at leading tech, start-up, and telecom companies. In the past, he has also worked with IBM, Nokia, and Huawei. In his last leadership assignment with Bytedance, he scaled the people management function at TikTok in the SEA markets while also guiding the India team.

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    “Our business is all about people. Hence, we have prioritised HR as one of the most critical and core business functions. Abhishek will channelise our collective goals and individual capabilities by bringing the best global HR practices and innovations to keep CredAvenue a people-first organisation," said Gaurav Kumar, founder and CEO, CredAvenue.

    "I look forward to introducing unique practices in learning and development, mental wellness, diversity and inclusion, and upskilling initiatives for enhancing the overall employee experience," said Mehrotra. The firm is looking to hire 300-odd people this year across its technology, business, and corporate functions.

    "We went from 140 employees to 400 in just the last year alone, and are looking to launch new verticals, new products, and a new go-to-market strategy. Hiring the right talent will be imperative as we scale up," Mehrotra told ET. The firm will be hiring from premier institutes like the IITs and top-tier management colleges.

    CredAvenue currently has about 400 employees and is headquartered in Chennai. The company is also looking to sharpen its diversity and inclusion approach by rolling out LGBTQ-friendly policies, internal programmes for targeted hiring and mentoring of women employees, as well as having initiatives in place to remove unconscious biases, said Tanya Mehan, head - DEI and employer branding, CredAvenue.

    In September last year, the firm announced the closing of its first funding round of $90 million led by Sequoia Capital India and co-led by Lightspeed, TVS Capital Funds, Lightrock and others.


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