Flash.co, the fast-growing shopper app constructing a novel buying expertise for internet buyers, is happy to announce the appointment of Amit Verma as its Chief Product and Technology Officer (CPTO). This transfer comes as Flash.co accelerates its development in India and prepares for an growth into international markets beginning this 12 months.

Amit Verma is an alumnus of IIT Kharagpur and the previous Chief Technology Officer at Practo. He brings intensive management expertise, having efficiently led expertise groups at Big Basket, Ola, Oracle, and Yahoo. His appointment at Flash.co is a significant step in the direction of the corporate’s purpose of remodeling the buying expertise for the highest 250 million buyers worldwide.

Since its launch in April 2023, Flash.co has quickly constructed up a person base of 600,000+ customers, reaching an annual run charge of monitoring over 12 million orders throughout 2200+ manufacturers. Backed by Blume Ventures and Global Founders Capital, the corporate has secured over $12.5 million in funding, positioning itself for a extremely anticipated US launch within the coming months. The platform goals to revolutionize buyer buying experiences with options like seamless buying monitoring, AI-powered spam-free inbox, in-depth spending analytics, personalised life-style rewards and extra.

Speaking about becoming a member of Flash.co, Amit Verma, expressed his delight and added, “I am really excited to join the Flash.co team, drawn by the problem statements being solved & their global aspirations. My immediate focus would be to re-architect the existing systems for stability and scalability required for global expansion. I would focus on nurturing the culture of customer centricity, speed & innovation, creating next generation products for both customers and brands.”

Ranjith Boyanapalli, CEO of Flash.co, expressed his pleasure about Amit’s appointment and mentioned, “We are thrilled to welcome Amit as our CPTO. He will be integral to the company’s commitment to delivering exceptional global products in the coming days. Flash.co is eager to witness its next growth chapter under his leadership and acumen.”

Flash.co is on a mission to revolutionize the buying expertise for the highest 250 million buyers throughout the globe. In India alone, there are 25 million excessive frequency internet buyers (“power shoppers”), who’re accountable for practically 70% of on-line buying income, & are projected to develop to 65 million by 2030. The Flash.co platform introduces a set of cutting-edge options, together with seamless buying monitoring, AI powered spam free inbox, in-depth spend analytics, and personalised life-style rewards tailor-made to particular person buying behaviors. Recognizing the worldwide relevance of those goals, Flash.co has bold plans to launch internationally by 2024.

The firm is backed by outstanding international enterprise capital firms akin to Blume Ventures, Global Founders Capital, PeerCapital, White Venture Capital, and Zinal Growth, in addition to famous angel buyers together with Binny Bansal (Co-founder, Flipkart), Kunal Shah (Founder, CRED), Sujeet Kumar (Co-Founder, Udaan) and others. Flash.co efficiently secured a considerable $12.5 million seed & pre-series A funding and has since cast partnerships with over 70 famend manufacturers throughout numerous classes.