Gurugram: GoKwik, India’s leading eCommerce enabler, has announced the appointment of Ravi Kant Arora as Senior Vice President of Finance.
In this role, Ravi will be responsible for overseeing and spearheading the company’s complete financial operations, including financial planning, finance control, funding, auditing, statutory compliance MIS & financial reporting.
Ravi brings with him over 15+ years of experience in corporate finance, demonstrating exceptional business acumen and contributing to the growth of organisations. He specialises in designing annual financial plans and implementing frameworks to mitigate leakages through extensive business insights. Ravi is also well-versed in establishing separate business units and streamlining financial processes through innovative means.
Prior to joining GoKwik, Ravi held the position of VP – Finance at Stanza Living, where he played a pivotal role in driving measurable value and establishing core financial processes. He excelled in financial planning and analysis, evaluating new products and business segments, and industry research. Ravi also gained valuable experience in compliance and governance, managing statutory audits, and ensuring proper controls and governance across the organisation.
Before his tenure at Stanza Living, Ravi served as Director of Finance at PayU, where he provided expert financial advice and analysis to the management. He was responsible for financial planning and analysis, global reporting, compliance and governance, business transition, and leading cross-functional teams in executing strategic activities.
Additionally, Ravi held the role of Assistant General Manager (AGM) of Finance Control at Aircel Limited, where he led the business finance and control for multiple business units.
Ravi began his career at Bharti Airtel Limited as Manager of Business Planning and Analysis, where he successfully established new business units, conducted financial planning and analysis, and implemented cost management systems.
“GoKwik has made its mark as one of the fastest growing eCommerce enablers in India, ensuring brands maximise their revenue using its tech and data intelligence-backed solutions. I am looking forward to working alongside team GoKwik and strengthening their financial discipline, evolving the revenue strategy and further setting processes for compliance and governance.” Said Ravi.
“We are delighted to welcome Ravi to the GoKwik team,” said Chirag Taneja, Co-Founder and CEO of GoKwik. “His extensive experience in finance and strategic planning will prove invaluable as we continue our mission of helping eCommerce brands maximise their revenue. We are confident that his contributions will further strengthen our financial processes and will contribute to the next step of our journey.” continued Chirag.
Ravi holds a Chartered Accountant designation and a B.Com (Hons.) degree from Delhi University.
GoKwik is one of the fastest-growing eCommerce enablers, helping brands unlock their growth potential by providing comprehensive solutions to enhance the checkout experience and ensure protection against RTO (returns before delivery). GoKwik houses 1200+ brands in their network, including Lenskart, Neemans, Man Matters, Mamaearth, etc, ranging from fashion, beauty, health and nutrition, electronics and other key categories of the online shopping space. With Ravi onboard, the company is poised to strengthen its financial capabilities further and drive innovation in the industry.
GoKwik is a data & technology-led enabler, building a full-stack solution suite for eCommerce and D2C brands to help them unlock business growth. Embarked on a mission to democratise the shopping experience, GoKwik enables eCommerce brands to deliver superlative customer experience across the shopping funnel, thereby boosting conversion rates and revenue growth.
It also solves other critical pain points of the industry, such as COD RTO (Return to Origin), and helps brands manage the RTO problem while offering COD as a payment channel.
With its recent addition of a third product, KwikChat, GoKwik is solving for low ROIs on marketing campaigns through 30+ Whatsapp use cases such as abandoned cart recovery, click-to-WhatsApp ad campaigns & headless checkout. 1 in 3 shoppers is already shopping on the GoKwik network, which has helped 1200+ brands scale their businesses with higher GMV realisation & profit margins.
It is helmed by Chirag Taneja (Co-Founder and Chief Executive Officer), Vivek Bajpai (Co-Founder and Chief Technology Officer), and Ankush Talwar (Co-Founder and Chief Data Scientist). GoKwik is backed by investors such as Sequoia Capital, Matrix Partners India, RTP Global & Think Investments.
GoKwik’s team has deep knowledge in the space of eCommerce with people having previous experience in Flipkart, Razorpay, Swiggy, Myntra, Nykaa, and more.