Veltris, a next-generation technology services company, has appointed Hiral Chandrana as its new Chief Executive Officer and Board member, effective September 9, 2024. This strategic move comes as Veltris looks to accelerate its growth in Data & Artificial Intelligence, Engineering R&D services, and Digital Product Engineering. Formed in partnership with Trive Capital and BayLink Capital in 2023, Veltris is set to expand its market influence under Chandrana’s leadership.
- Hiral Chandrana’s Professional Background:
- Nearly 30 years of experience in digital transformation and business solutions across various industries.
- Former CEO of Mastek, where he led significant growth and scaled the US business through organic initiatives and mergers and acquisitions.
- Spent 14 years at Wipro Limited in various leadership roles, most recently as Senior Vice President & Global Head of Wipro’s Business Applications & Digital Services.
- Expertise and Achievements:
- Extensive expertise in digital, cloud applications, and cybersecurity.
- Proven track record in building relationships with Fortune 1000 and mid-market clients globally.
- Recognized as Executive of the Year (IT Integrated Category) by Gold Globee® in 2024.
- Named an Inspiring CEO at The Economic Times ‘CEO Conclave’ in 2022.
- Educational Background:
- Holds an M.S. in Engineering from Washington State University and an MBA from Iowa State University.
- Completed executive leadership programs at Wharton, Duke, and UC Berkeley.
- Strategic Vision for Veltris:
- Focus on leveraging Veltris’ unique capabilities and global workforce to drive AI-led disruptions in business solutions.
- Commitment to scaling the Veltris platform and becoming the partner of choice for digital, AI, and industry X.0 transformations.
- Plans to accelerate growth through M&A initiatives and build a robust go-to-market strategy.
- Comments from Trive Capital and BayLink Capital:
- Chris Zugaro from Trive Capital expresses confidence in Chandrana’s ability to lead Veltris to new heights, emphasizing his extensive industry experience.
- Kaustuv Sen of BayLink Capital highlights the focus on rapid growth through M&A and developing a next-gen product engineering service offering.
Hiral Chandrana’s appointment as CEO marks a pivotal moment for Veltris as it aims to position itself as a leader in next-generation technology services. With Chandrana’s leadership and the support of Trive Capital and BayLink Capital, Veltris is set to drive significant growth and innovation in the digital transformation landscape. Chandrana’s vision to utilize AI and technology-led disruptions aligns with Veltris’ mission to redefine business solutions for its clients, paving the way for a transformative journey ahead.
