Bengaluru: FloBiz, India’s leading neobank for small & medium scale businesses (SMBs), announced the expansion of its leadership team with the appointment of three senior leaders. Deepak Teotia has joined as the Vice President of Enterprise Business and will be responsible for setting up and scaling up the business vertical. Rishikesh Varma has joined as the Vice President for Sales and will lead the direct, channel and inside sales team across the country. Himanshu Mehta has joined as Director for Growth Marketing and will lead the performance marketing & digital branding efforts. These significant hires come on the heels of the exponential growth and adoption seen by ‘myBillBook’ which is FloBiz’s flagship GST invoicing and accounting product. FloBiz has grown in size by more than 300% in the last 12 months and is hiring across levels as it continues to focus on ecosystem partnerships, building a robust sales infrastructure and further fueling the business growth with digital marketing efforts.
With more than 1.2 million monthly active businesses using the product and generating trade upwards of 1.5 billion dollars per month, FloBiz is rapidly growing to become a one-stop solution to enable SMB growth. The company has also recently branched out into banking services for SMBs with the launch of Smart Collect as a part of myBillBook’s smart banking module.
Rahul Raj, Founder and CEO, FloBiz, said, “We are thrilled to have experienced leaders like Deepak, Rishikesh and Himanshu join the team and bring in value with their proven track record and extremely relevant skill sets. With their passion and industry experience adding to the fundamentals of our successful business, we are confident of scaling further. The new appointments underscore our relentless commitment to power the growth of SMBs through technology.”
Deepak Teotia will lead FloBiz’s efforts to offer highly customised and scalable products to mid-to-large scale enterprises. He joins FloBiz, after completing an impressive tenure at Simplilearn as the Senior Associate Director, Enterprise Business. He comes with 16+ years of experience in enterprise sales, spanning across IT services, Telecom, HR & EdTech industry. In the past, he has worked with reputed firms like Infosys Technologies, Vodafone, Quess Corp and Simplilearn.
With 12 years of experience in managing sales, marketing, and operations, Rishikesh Varma will be responsible for leading Offline, Channel and Inside Sales teams and revenue growth for ‘myBillBook’ across India. He has successfully established and scaled multiple geographies & processes over the last decade for Byju’s, OYO Rooms & Airtel. He brings in skills like P&L management, customer acquisition, people management, strategic partnerships, and process design to the table.
Himanshu Mehta is a highly experienced growth marketing professional in the start-up ecosystem with 10 years of experience spanning stints with Goodworker, Rebel Foods, RailYatri.in and Times Internet. He will be responsible for leading myBillBook’s digital efforts for new user discovery, acquisition, retention, enhancing customer LTV, improving acquisition funnel, improving return-on-ad-spends and digital branding across Google, Facebook and various other mobile applications and websites.