udChalo, a consumer technology company focusing on Indian Defence Personnel and their dependents, has announced the appointment of Abani Kant Jha as its Chief Financial Officer. Jha, with an experience spanning over 25 years in the industry will bring in his expertise to lead the financial strategy and operations at udChalo. In his role, Abani will contribute to strategy formulation in alignment with the organization’s long-term objectives and goals, planning and management of company resources to maximize ROI, identifying cost saving projects and leading the treasury of the organization for effective deployment of funds.
According to a press release, Abni Jha will lead a team of Tax Experts, Consultants, and the Finance Team at udChalo and play a key role in bringing investments for the next growth phase of the organization.
Ravi Kumar, CEO of udChalo said, “We are pleased to welcome Abani Jha to our team. I firmly believe that his knowledge will help our business grow by leaps and bounds. We are confident that his expertise in global finance will benefit us to have better financial operations, identify risks and set up processes to mitigate them.”
On his appointment, Abani Kant Jha stated, “I am elated to step into the CFO role at udChalo. I believe udChalo has a great business model and talented management team that uniquely positions it to capitalize on the changing environment. I look forward to working with the team and providing my expertise to collectively achieve the company’s mission and vision at this pivotal stage.”
Most recently, Abani served as Director of Business Operations & CFO of Jindal Films, . He was associated with establishments, like EaseMyTrip, Aditya Birla Group, Koutons, DP World and Reliance Industries Limited, held significant roles and handled global positions at leadership levels. In addition, he has been instrumental and played a key role in IPO activation in the recent past.
udChalo is a leading Consumer Technology Company for the Indian Armed Forces, Paramilitary Forces and their Dependants offering Travel, Financial Services, Group Housing, Consumer Electronics and Utility Bill Payments and is in the process of integrating additional services into its portfolio for Making Life Simpler for Our Soldiers.
Rooted in its ambition to serve the Services, udChalo is the creator of its category. The Company began its operations in 2015 by the alumni of the Army Institute of Technology and Stanford Graduate School of Business (Seed).
udChalo through its website (www.udchalo.com), App platform and 70 Outreach Centers caters to more than 2.8 million serving Defence Personnel and additionally to Veterans and their families. It has grown with a CAGR of over 450% in the last 5 years.