SAN
FRANCISCO, Sept. 12, 2024 /PRNewswire/ --
Veltris, a next generation technology services company, has
announced the appointment of Hiral
Chandrana as Chief Executive Officer and a member of the
Board, effective September 9,
2024.
Veltris provides next generation technology
services and solutions to a wide array of mid-market and Fortune
500 clients.
Veltris (the "Company"), which was formed in conjunction with an
investment by Trive Capital and BayLink Capital in
2023, specializes in developing solutions in Data & Artificial
Intelligence, Engineering R&D services, and Digital Product
Engineering Services for enterprise and mid-market clients.
Hiral joins Veltris with nearly three decades of global
experience in growing Digital Transformation & Business
Solutions across a diverse set of industries. He most recently
served as the CEO of Mastek, a global digital engineering &
cloud transformation services public company with ~6,000 employees.
Under his leadership, Mastek delivered industry leading growth and
aggressively scaled its US business through organic initiatives and
M&A.
Prior to Mastek, Hiral spent 14 years with Wipro Limited,
holding progressive leadership roles. His most recent position was
as Senior Vice President & Global Head of Wipro's Business
Applications & Digital Services business, a ~$3.0B business unit, where he spearheaded the
transformation of the company's digital, cloud applications, and
cyber security portfolio.
Hiral's expertise covers a wide array of industry verticals and
solutions capabilities, and he maintains a strong track record of
forging relationships with Fortune 1000 and mid-market clients
globally.
Hiral has an engineering background with an M.S. from
Washington State University and an MBA
from Iowa State University, in addition
to having completed executive leadership programs at Wharton,
Duke, and UC Berkeley. Hiral was
recognized as Executive of the Year (IT Integrated Category) by
Gold Globee® in 2024 and as an Inspiring CEO at The
Economic Times 'CEO Conclave' in 2022.
Chris Zugaro, Partner at
Trive Capital, commented "We are thrilled to welcome Hiral and his
decades of industry experience to Veltris. His extensive experience
leading and accelerating growth across IT Services makes him the
ideal leader for Veltris, and we look forward to him leading the
Company to new heights."
Kaustuv Sen, Managing
Partner at BayLink Capital, commented "We look forward to working
closely with Hiral to drive rapid growth at the Company through an
accelerated M&A program and further buildout of the
go-to-market engine, to ultimately create a category winner in
next-gen product engineering services that delivers digital, AI,
and industry X.0 transformations for our clients."
Hiral Chandrana, on his
appointment said, "I am excited to partner with Trive Capital,
BayLink Capital, and the entire team at the Company in the
ambitious journey to scale the Veltris platform. Veltris has unique
differentiated capabilities with a deep talented global workforce.
Technology and AI led disruptions will redefine how clients will
consume business solutions in the future. I look forward to
collaborating with the Board and leadership team at Veltris as we
accelerate growth and be the partner of choice for our clients in
select verticals in the US."
About Veltris:
Veltris provides next generation technology services and
solutions to a wide array of mid-market and Fortune 500 clients.
These services and solutions include Data & Artificial
Intelligence, Engineering R&D, and Digital Product Engineering.
With a global technical and business workforce, Veltris prides
itself on innovating, accelerating, and transforming business for
its customers. For more information, please
visit www.veltris.com.
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SOURCE Veltris