Venture Infotek appoints Mr. Sudip Kumar as Executive Vice President - Sales & Marketing

Venture Infotek, India's leading transaction processing and knowledge Management Company, announced that it has appointed Mr. Sudip Kumar as Executive Vice President - Sales & Marketing. Mr. Kumar brings in vast experience in the field of sales, marketing, technology and infrastructure in e-trading business.

Mumbai, Maharashtra, September 22, 2008 /India PRwire/ -- Venture Infotek, India’s leading transaction processing and knowledge Management Company, announced that it has appointed Mr. Sudip Kumar as Executive Vice President – Sales & Marketing. Mr. Kumar brings in vast experience in the field of sales, marketing, technology and infrastructure in e-trading business.

Commenting on Mr. Kumar’s appointment, Mr. Piyush Khaitan, MD, Venture Infotek said - “We are delighted to have Sudip as part of our senior management team, and he will play an important role in building and taking ahead the transaction processing business of Venture Infotek.”

Venture Infotek caters to 30% of the card market and aims to grow its market share. At present, the usage of card is growing at a CAGR of 35%, and interestingly the card industry is worth Rs 70,000 Cr as per the RBI statement, last year.

Previously, Mr. Sudip Kumar was associated with TATA Communications Ltd., taking care of sales, product and business development for various industry verticals, including the BFSI sector in the value added services space. Beginning his career in 1991 as an Assistant Manager with National Tree Growers Cooperative Federation (NTGCF / NDDB), Sudip moved to SEBI and became an active member in the Surveillance Division.

Mr. Kumar has a PGDBA (Marketing & Finance) from ICFAI Business School, PGDFM (Marketing) from IIFM, Bhopal, and is a BA (Economics) from Delhi University.

Notes to Editor

Venture Infotek, India’s leading transaction processing and knowledge Management Company, announced that it has appointed Mr. Sudip Kumar as Executive Vice President – Sales & Marketing. Mr. Kumar brings in vast experience in the field of sales, marketing, technology and infrastructure in e-trading business.

Commenting on Mr. Kumar’s appointment, Mr. Piyush Khaitan, MD, Venture Infotek said - “We are delighted to have Sudip as part of our senior management team, and he will play an important role in building and taking ahead the transaction processing business of Venture Infotek.”

Venture Infotek caters to 30% of the card market and aims to grow its market share. At present, the usage of card is growing at a CAGR of 35%, and interestingly the card industry is worth Rs 70,000 Cr as per the RBI statement, last year.

Previously, Mr. Sudip Kumar was associated with TATA Communications Ltd., taking care of sales, product and business development for various industry verticals, including the BFSI sector in the value added services space. Beginning his career in 1991 as an Assistant Manager with National Tree Growers Cooperative Federation (NTGCF / NDDB), Sudip moved to SEBI and became an active member in the Surveillance Division.

Mr. Kumar has a PGDBA (Marketing & Finance) from ICFAI Business School, PGDFM (Marketing) from IIFM, Bhopal, and is a BA (Economics) from Delhi University.

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