Varun Varma and Jagriti Bhattacharya join Pine Labs

Varun Varma and Jagriti Bhattacharya join Pine Labs

The unicorn company said it was in one of its most exciting phases

The Indian merchant commerce platform, Pine Labs has announced key appointments to the senior leadership team. It has brought on board Varun Varma as the head of the strategy and corporate development and Jagriti Bhattacharya has been appointed as a general counsel.

Amrish Rau, the CEO at Pine Labs said, "At Pine Labs, we are building a complete omnichannel ecosystem for our customers, entering new markets, and forging strategic partnerships to engineer growth outside India. Varma's wealth of international experience in payments and fintech will be invaluable to us going forward."

Rau further added, "We are equally thrilled to have Bhattacharya accept the role of the general counsel. Some of the key verticals at our company such as human resources, legal, and online payments are headed by women leaders and that says something about our continued commitment to building an equal opportunity organization for all."

Based out of Singapore, Varma will head the strategy and corporate development for the firm. Previously, he led the corporate strategy for PayPal across its international markets. His focus areas included the fast-growing markets in APAC and LatAm.

Prior to that, he served the leading global management-consulting firm McKinsey & Company across markets in Southeast Asia, gaining rich cross-sectoral experience. He has also worked with retail banking and wealth management verticals in various roles at Citibank.

Bhattacharya was earlier the chief counsel, South Asia, with Thomson Reuters, the London Stock Exchange Group. She has also worked with Citibank advising on key transactions. She also supported the launch of innovative financial products in South Asia and provided insights into the treasury legal function, earning ample experience in international arbitrations.

She has also sat on the board of directors of various companies and provided corporate governance guidance.

Pine Labs serves prominent large, mid-sized and small merchants across India and Southeast Asia. Last year, the company acquired Fave, a consumer fintech platform that provides a smart payment app to the smart generation of consumers looking to pay and save.

The key investors of Pine Labs include Sequoia India, Actis Capital, Temasek, PayPal and Mastercard.