Bengaluru, 12 January 2023: ace turtle, a leading technology-driven retail company, announced two senior leadership appointments today. The Bengaluru-based company has hired Amit Kriplani as its Chief Technology Officer (CTO) and Punit Aggarwal as its Chief Financial Officer (CFO).
Amit Kriplani brings over 15 years of experience in the technology industry, having held various leadership positions at top technology companies such as Amazon India, Flipkart, Simplilearn and ace turtle. He has expertise in leading large teams and delivering multi-million-dollar software and web projects. In his current stint at ace turtle, he will be responsible for heading the engineering function and building innovative technology solutions to scale the businesses of its Brands portfolio – Lee, Wrangler, Toys”R”Us and Babies”R”Us.
Punit Aggarwal is a Chartered Accountant with over 17 years of experience in finance and accounting. Prior to joining ace turtle, Punit was Director of Finance at Flipkart. He has worked at Ola, Cisco, Adobe, GE and Vodafone as well. At ace turtle, Punit will head the finance function and oversee all financial, regulatory and investor relations activities.
Commenting on the appointments Nitin Chhabra, CEO, ace turtle said, “We are thrilled to have Amit and Punit join the ace turtle leadership team. Their expertise and experience will be invaluable as we continue to grow and scale our business. I am positive that under their leadership, we will be able to take our company to new heights.”
Amit Kriplani, CTO, ace turtle said, “I am excited to join ace turtle and contribute to its success. I believe that the company’s innovative approach to transforming the business of fashion & lifestyle brands through technology has the potential to transform the industry. I look forward to being a part of that journey.”
Punit Aggarwal, CFO, ace turtle said “I am delighted to join the ace turtle team and help drive the company’s finance function as it embarks on a new phase of growth. ace turtle has shown tremendous resilience and nimbleness to grow rapidly despite the pandemic and has set higher goals in the coming years. I look forward to contributing to the company’s efforts in that direction.”
ace turtle has transitioned from a retail SaaS company to a technology-driven retail company. The company has realigned its business to focus on the Licensed Brands vertical and scale them across the country. It will add more international fashion and lifestyle brands to its portfolio soon.
Founded in 2014, ace turtle is a leading technology-driven retail company. It is a vertically integrated technology company transforming retail through technology. In its earlier avatar as a SaaS company, leading brands and retailers were using its technology platforms for omnichannel enablement. During the pandemic, ace turtle launched the Licensed Brands vertical with Lee and Wrangler. With its proprietary platform Rubicon, integrates online and offline retail channels enhancing efficiency and scalability through omnichannel transformation by intelligent use of data. Rubicon is used by ace turtle for its Licensed Brands portfolio which includes long-term licenses of marquee brands Lee, Wrangler, Toys”R”Us and Babies”R”Us. It has a complete vertical offering from design and local sourcing to D2C for global brands in the Indian market. ace turtle is backed by investors such as Singapore-based Vertex Ventures, the venture arm of Temasek Holdings, the Corporate Venture Fund of CapitaLand and Rianta Capital, a Swiss venture capital firm.