Bangalore: FundsIndia, a digital investment platform, has announced the appointment of Akshay Sapru as its Group Chief Executive Officer, signaling a transformative chapter in the company’s evolution into a full-spectrum wealth management firm. Based in Bengaluru, Akshay will lead FundsIndia’s strategic direction, growth, and operations across B2C, B2B, and Private Wealth verticals, reporting directly to the Board of Directors.
The appointment underscores FundsIndia’s transition from a digital-only platform to a pan-India, multi-channel wealth advisory business operating across major metros. The company is backed by WestBridge Capital, which holds majority ownership.
Commenting on the appointment, Sandeep Singhal, Managing Partner, WestBridge Capital, said, “We are delighted to welcome Akshay as the new Group CEO of FundsIndia. His rich experience and strategic mindset will play a vital role in accelerating FundsIndia’s growth journey and help the firm deliver more value to clients across India. We look forward to Akshay leading the company’s evolution towards a digitally driven full-service wealth management solutions provider.”
Akshay Sapru brings over 27 years of leadership experience in the BFSI sector. His career spans across retail banking, affluent banking, private wealth management, sales strategy, customer engagement, and digital innovation. Most recently, Akshay served as Country Head for Private Banking, Spectrum Banking, and Liabilities Products at YES Bank Limited. He began his career with ICICI Bank and has held leadership roles at ABN AMRO/RBS and IndusInd Bank, consistently driving growth through innovation and operational excellence.
Speaking on his appointment, Akshay Sapru said, “I am honoured to lead FundsIndia at such a pivotal stage in its journey. I deeply appreciate the trust placed in me by the Board. I look forward to working alongside a passionate and high-performing team and build on our strong foundation with a goal of establishing FundsIndia as the most valued brand in digital wealth management.”
Akshay takes the reins from Girirajan Murugan, who served as CEO since 2019. Under Girirajan’s leadership, FundsIndia navigated the challenges of the pandemic, returned to profitability, and oversaw the WestBridge Capital investment in 2023. Girirajan will continue to serve on the Board of FundsIndia.
In his new role, Akshay will oversee all business units and central functions. The B2B vertical will continue to be led by Manish Gadhvi (CEO – Partners) and the Private Wealth vertical by Srinivas Mendu (CEO – Private Wealth). Both leaders will report to Akshay as the company seeks to further strengthen its presence in India’s dynamic wealth management ecosystem.
Akshay holds a Bachelor’s degree in Business Studies from Shaheed Sukhdev College of Business Studies, University of Delhi, and a PGDM from Symbiosis Centre for Management and HRD (SCMHRD), Pune.
