Hemant Taware joins Innoviti as Chief Business Officer

Payment solutions provider, Innoviti Payment Solutions has named Hemant Taware as its new Chief Business Officer. Taware holds over 25 years of diverse expertise in Direct Sales, Marketing, and Operations across sectors like Food & Grocery, Apparel, CDIT & Telecom. Prior to joining Innoviti, Taware was the Strategic Planning & Business Development Head at Future Group where he was handling their Design and Build function.

Hemant TawareHe earlier handled several leadership roles at some of India’s leading retail organizations such as Chief Operating Officer at HyperCITY Retail, Chief of Operations at Croma, Chief Operating Officer at The Mobile Store and General Manager at ABRL.

Hemant Taware, Chief Business Officer – Merchant Ecosystem, Innoviti said “I’m very excited to be joining Innoviti’s team at a crucial time when the company is poised to aggressively grow its pioneering industry-leading software solutions in the digital payments space. Innoviti’s technologies have been at the forefront of setting new benchmarks for how retail businesses can extract more out of a payment transaction by adding intelligence to it. This is helping retail businesses transform their payment acceptance processing infrastructure into genuine drivers of business growth in today’s tough economic environment. I look forward to an exciting journey with Innoviti’s young and talented team.”

Across India, Innoviti processes over $ 5Billion of payments annually from over 1000+ cities, with a throughput per point of acceptance of 7000$, 2X of India’s average (as per RBI data).

Innoviti is supported by top investors including Bessemer Venture Partners, USA, FMO, Netherlands, SBI Venture Capital, Singapore and Catamaran, India.

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