Brings with him over seven years of experience in developing financial controls and strategy
New Delhi, November 16, 2018: Sattviko, a packaged food company providing light snacks of Indian origin, today announced the appointment of Ayush Arora as its first Chief Financial Officer (CFO). Ayush is a seasoned professional with over seven years of experience, and will be looking at Finance, Data Analytics and Business Strategy of Sattviko. In this role, he will oversee key functions across the company including fund raising, financial controls, operational efficiencies, treasury, risk management, and investor relations.
Ayush holds extensive experience in Treasury, Business Finance, Funds Management and other aspects of company’s Financial Strategy.
Commenting on the appointment, Prasoon Gupta, Co-founder and Director, Sattviko said, “Sattviko today is known as the Indian food brand where age-old Indian recipes based on unique household practices have been revived and given a modern twist to offer traditional and light quick bites to satiate the taste buds of the today’s generation. We are delighted to welcome Ayush to Sattviko family. His extensive experience and knowledge on financial insights will be very valuable to the company as we work to reinforce our brand and leadership globally. Therefore, we believe that to build a great institution, we need to build a great team. We are really excited to welcome him to the Sattviko family.’’
Ayush Arora, newly appointed CFO, Sattviko said, “Sattviko is one of the most exciting, innovative food companies in India that is changing the way people consume snacks. It is encouraging to see a group of dynamic young individuals, determined to make a difference in the industry.”
Speaking on the new development, Ankush Sharma, Co-founder and Director, Sattviko said “Sattviko has created a niche for itself and our products have been appreciated by the consumers. We are confident that Ayush will help and transform the journey of Sattviko while enhancing fiscal discipline and improving operating margins of the company.”
Prior to Sattviko, Ayush was heading the liquidity solutions and investments department at Bharti Airtel Limited’s Group Treasury. At Bharti Airtel, he was managing the end-to-end planning and operations of collections & payments architecture across the Bharti group as well as managing an investments portfolio of US$ 1.5 Bn.
Established by IIT Roorkee Alumni Prasoon Gupta and Ankush Sharma in 2014, Sattviko today has become an Indian food brand where age-old Indian recipes based on unique household practices have been revived and given a modern twist to offer traditional and light quick bites to satiate the taste buds of the today’s generation.
Sattviko caters to the new-aged customers from all-age groups who look for variety of food with health benefits. Today, it offers more than 25 varieties of refreshing snacks which have deep connection with conventional Indian kitchens. Sattviko offers traditional snack items from across the Indian states such as Khakhra (Wheat chips), Makhane (Foxnuts), flavoured raisin, Minute-Namkeen, Gur-Chana, flavoured flax seeds, etc. Promising a rare combination of nutrition with delectable taste, these packaged snacks are completely chemical and preservative-free. Sattviko products are a perfect fusion between old food recipes and modern food technology to present the traditional food in modern avatar.