startup and credit card challenger, has announced the appointment of Siva Kumar Tangudu as the company’s new chief technology officer, said a statement issued today.
Tangudu brings with him leadership expertise of over 15 years across senior and pivotal roles at Myntra, HackerRank, Microsoft, and Oracle, to name a few. He also co-founded a Hyderabad-based startup, Kawanan Labs. He has been an early-stage investor in slice.
In this role, he will be responsible for strengthening the firm’s technological arm and further expanding its offerings.
“Siva has a great history of leading engineering teams at some of the best tech companies, as well as his own startup. There are some very exciting things in the pipeline at slice – including the launch of a game-changing rewards system as well as UPI on our platform, and Siva’s expertise will be critical in helping us move closer to our mission of building the raddest payment experience for millennials and GenZ,” said Rajan Bajaj, founder and CEO, slice.
“Rajan and his team are building a phenomenal product that essentially challenges many traditional practices in the finance sector, and I look forward to building a stellar team here and bringing forth a tech-first approach to solving some interesting and hard problems in this space,” said Tangudu.
Despite the pandemic, the company has continued hiring and strengthening its leadership team; it grew 6x in FY-21 and recorded a 40-50% increase in average customer spends. Its investors include Gunosy Capital, Das Capital, Finup, Blume Ventures India, Simile Venture Partner, EMVC, Tracxn Labs, Better Capital, Sachin Bansal’s Navi, and angel investors such as Kunal Shah.