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HCLTech Appoints Arjun A. Sethi as Chief Growth Officer for Strategic Segments!
HCLTech, a leading global technology company, has announced the appointment of Arjun A. Sethi as its Chief Growth Officer for Strategic Segments, with a specific focus on government and global private equity. This strategic move is aimed at enhancing the company’s growth trajectory in these high-potential areas.
Background of Arjun A. Sethi
Sethi is a seasoned industry veteran with over 25 years of experience in consulting and digital transformation. Prior to joining HCLTech, he served as Senior Partner and Vice Chair of Digital Transformation at Kearney, where he played a pivotal role in shaping digital strategies for various sectors, including government, private equity, and financial services. His extensive international experience spans the Americas, Middle East, and APAC, equipping him with a comprehensive understanding of diverse markets.
Sethi holds a bachelor’s degree in engineering from Motilal Nehru National Institute of Technology in India and a post-graduate diploma in management from the Indian Institute of Management (IIM), Calcutta. His academic background complements his professional expertise, positioning him well to lead HCLTech’s strategic initiatives.
Responsibilities and Goals
In his new role, Sethi will be responsible for driving growth and innovation within HCLTech’s strategic segments. He will report directly to C Vijayakumar, CEO & Managing Director of HCLTech. Sethi’s key responsibilities will include:
- Expanding HCLTech’s Engineering-Led Technology Portfolio: Leveraging his expertise to enhance the company’s offerings in engineering-driven technology solutions.
- Enhancing Digital Services: Focusing on the development and delivery of advanced digital services tailored to meet the needs of government and private equity clients.
- Promoting Differentiated GenAI Solutions: Driving initiatives that incorporate generative AI technologies into HCLTech’s service offerings.
Strategic Importance
The appointment comes at a crucial time as HCLTech seeks to strengthen its presence in high-growth sectors. C Vijayakumar expressed enthusiasm about Sethi’s joining, stating, “We are excited to welcome Arjun to the HCLTech family. His deep industry knowledge and proven track record in digital transformation will be invaluable as we continue to expand our presence in these high-growth segments.”
Sethi’s experience in digital transformation is particularly relevant as organizations increasingly look to modernize their operations and adopt innovative technologies. His leadership is expected to unlock new opportunities for HCLTech, especially in navigating complex government contracts and engaging with private equity firms seeking technological advancements.
Conclusion
Arjun A. Sethi’s appointment as Chief Growth Officer for Strategic Segments at HCLTech marks a significant step forward for the company as it aims to capitalize on growth opportunities within government and private equity sectors. With his extensive background and strategic vision, Sethi is poised to play a crucial role in driving HCLTech’s initiatives forward, ensuring that the company remains competitive in an ever-evolving technological landscape.
As HCLTech continues to expand its capabilities and services, Sethi’s leadership will be instrumental in fostering innovation and achieving sustainable growth in these vital areas.
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.
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