Fashion
Capillary Technologies, with presence in 30+ countries and helping consumer businesses achieve digital transformation, using its AI Powered technology platform; today announced that it has grown its global business by 200% YoY and has elevated Abhijeet Vijayvergiya as its President & Managing Director, Global Accounts and Asia Pacific.
In his new role, Abhijeet will not only be continuing to own sales for Asia Pacific but will also be responsible in nurturing and scaling Capillary’s global accounts such as Pizza Hut, KFC, Bata, Asics, VF Brands and Siam Makro. He will be based out of Singapore.
“Abhijeet is responsible for the three times business growth in Southeast Asia as well as scaling up India. Asia Pacific countries are strategic markets for us. Abhijeet will play a vital role in growing our Asia Pacific business, excluding India and China. He will also lead our global accounts segment across all geographies,” said Ganesh Lakshminarayanan, COO, Capillary Technologies.
“Increasingly, our global customers are leveraging our product suite across multiple countries. Brands are unlocking tremendous value with us for many reasons. Firstly, as the brands scale to multiple countries with our product suite, they realise better ROI. Secondly, our co-innovation focused agile delivery model helps brands to launch new ideas across markets in faster time. Finally, our global Center of Excellence (CoE) set-up helps brands to leverage learnings across countries,” added Ganesh.
Till date, Capillary has raised more than $100 million in funding, including the recent $20 million round. While Capillary has a strong presence in India, South East and Middle East, it is looking to further strengthen presence in China and the Middle East, besides penetrating further into Southeast Asia. Its opening second office in China at Guangzhou and then another at Beijing later this year.
