India’s top tech enabler, iValue has announced the appointment of IT veteran Shrikant Shitole as its Chief Executive Officer (CEO). With his strong leadership role in the last three decades, Shrikant has built a strong reputation in B2B verticals across the IT, telecommunications, value-added services (VAS), software, and cyber security industries over the past 30+ years.
In his new role, at iValue, Shrikant will helm the business operations of cloud services, cyber security, Internet of Things (IoT), Smart City, data centre services, IT infrastructure planning & management, along with the outsourcing services in the company. The iValue management is very optimistic with Shrikant coming on board and hopes that his experience and iValue’s strong capabilities in the above business areas will result in a win-win for both.
Sunil Pillai, Founder & Managing Director of iValue InfoSolutions commented on this, stating, “I am delighted to welcome Shrikant as CEO of iValue. I have known him for a long time, and value his ability to develop, manage and grow product and solutions businesses. I look forward to leveraging his entrepreneurial abilities to disrupt existing markets and accelerate our growth into new segments. His strategic vision, as well as operational expertise and rigour, will be pivotal in the company’s next phase of growth, and the iValue Board looks forward to working with him.”
Shrikant is taking the baton over from KrishnaRaj Sharma (KRS), who has been leading iValue through a strong growth period and has also raised capital from a highly reputed private equity firm, Creador. KRS’s contribution to iValue has led it to become an enterprise company with a significant footprint in India as well as the Southeast Asian (SEA) markets. KRS is moving on to overseeing iValue’s Southeast Asian markets.
Welcoming the appointment, Varun Khandelwal, Director of Creador said, “Shrikanth has always come with incredible experience, vision, and pragmatism to every organization he has been associated with. I am very confident that with him on board, iValue can become even more of a force to be reckoned with in the tech industry.” Creador is a leading South- and Southeast Asia-focused private equity firm, with over USD 2bn in assets under management. The company invested in iValue InfoSolutions in 2019.
Accepting the responsibilities that come with the leadership role at iValue, Shrikant Shitole said, “T would like to give my thanks firstly to KRS and his able leadership, which has helped iValue to grow into a remarkable organisation. It is actually an honour to learn, work, deliver, and expand on the strategic imperatives and to transform and modernise iValue’s business, remove complexity for our partners, and become an indispensable organisation behind the numerous brands whom we support.”
KrishnaRaj Sharma, Founder & Director of iValue InfoSolutions said, “We are excited to get Shrikant Shitole on board. I am confident that Shri, with his domain experience built throughout his career, is going to help iValue to create incredible value in the years ahead.”
Shrikant Shitole has over three decades of experience and significant exposure handling multiple global companies. In his previous stint at FireEye Technologies, he was designated Vice President, APAC prior to being Country Head for the India Region.