Dubai PR Network, Online Press Release from Dubai and Middle East
Technology, Computers & IT(Technology)
Filter PR by
Sameer Garde to Become CEO of Capillary; Aneesh Reddy to serve as Vice Chairman & Managing Director

Dubai: September 28, 2022 – Capillary Technologies today announced that Co-founder and CEO Aneesh Reddy will transition to the role of Vice Chairman and Managing Director, and Sameer Garde, presently a Capillary Technologies Board Member and Independent Director, will become the Chief Executive Officer, effective from January 1st, 2023. Aneesh Reddy will continue in the Board of Capillary Technologies Ltd and guide the leadership team. Sameer will report to the Board of Capillary Technologies. 

“It has been a great ride at Capillary over the last 14 years. During this time, we became one of the first SaaS companies in India to penetrate not only India but the wider Asian market, and also had the privilege to serve some of the largest customers globally, attracting marque investors along the way. I am delighted to welcome Sameer to take on the mantle from me,” said Aneesh Reddy.

This change comes at a time when the multi-vertical consumer loyalty management space has grown rapidly and is now estimated to be over US$10Bn. With an impending IPO and aspirations to build Capillary into a world leader in the space, Sameer will contribute towards fulfilling these ambitions by building a company that delivers predictable growth profitably and constantly whilst also exceeding customer and partner expectations.

“Capillary Technologies is a market leader in the loyalty and engagement space and has been acknowledged by leading industry analysts and Fortune 500 customers globally. I have now been involved with Capillary for nearly a year as an independent board member. Having worked closely with Aneesh and his team, it is a privilege to take on this leadership role within the company.  I look forward to providing the guidance and vision for this new chapter in Capillary’s story,” said Sameer Garde.

Sameer Garde is an alumnus of IIT Delhi and IIM Calcutta. He started his career with Nestle as an Area Sales Manager in India, and then worked with Whirlpool as a Regional Director for West in India and as a Brand Head in Western Europe. He then moved on to Dell India where he spent 8 years helping it grow from a $40mn organization to a $1.3Bn organization. He then moved to the US with Dell for two years as the global leader for the multi-billion dollar OEM business at Dell. In his most recent role, he was the President for Cisco in India. Under his leadership in Cisco India was amongst the fastest growing countries globally.

Neelam Dhawan, Chairperson and Independent Director at Capillary, said, “I am delighted to see Sameer Garde lead Capillary Technologies forward. Sameer is a seasoned veteran of the IT industry and his deep expertise is extremely valuable for Capillary at this stage of our growth and development.”

Shailesh Lakhani from Sequoia Capital added, “We welcome Sameer Garde as Capillary’s new CEO. He has significant experience in building some of the most respected organizations of our time and we look forward to working with him to take Capillary into its next phase of growth.”


Posted by : Editorial Team
Viewed 4526 times
PR Category : Technology
Posted on : Wednesday, September 28, 2022  4:31:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of
Previous Story : Samsung's Trade-in Offers For The Galaxy Z Series Now Availa...
Next Story : Making the Best Out of Classroom Learning with LG ProBeam
Email this article Print this article

Share this article with your friends and followers
Back to Section Home

Related Stories

Most Viewed Press Release posted in the last 7 days
Pandora Launch a New Limited-Edition Charm in Support of UNICEF Giving Young Voices the Ch... [14588-Views]
Ogilvy Celebrates a giant performance at this year's LIA's – Including awards for Global ... [11394-Views]
The Face Shop Introduces Vegan Skincare in the UAE [6142-Views]
Opening Day of 22nd Edition of Cityscape Sees Numerous New Developments Showcased inside D... [5072-Views]
MG International Fragrance Company Reinforces Presence in the Growing Middle East Region [4883-Views]
Dubai Islamic Bank Successfully Prices USD 750 Million Inaugural Sustainable Sukuk [4678-Views]
Dubai's Real Estate Market Continues to Ride High on Strong Investor Confidence [4535-Views]
Dubai Future Foundation Announces Winners of the Smart Toys Competition 2.0 [4268-Views]
Dubai Customs Launches Awareness Campaign on Digital Services for Passengers [4014-Views]
Jaeger-Lecoultre Participates in the 30th Edition of Jewellery Arabia Bahrain [3788-Views]
What a shot! David Beckham Snaps a Scenic View as Qatar Tourism unveils Posts of Qatar [3247-Views]
60 Years of James Bond: OMEGA welcomes Daniel Craig to a London celebration [3165-Views]
Gulf Islamic Investments Launches a $100million Shari'ah Compliant Debt Fund [3157-Views]
Burj Khalifa by Emaar to Host a Cutting-Edge Laser Light Extravaganza and Phenomenal Firew... [3149-Views]
Samsung MENA Launches the First-ever Roblox ‘Space Cup' Football Tournament [3079-Views]
Michelin Star Chef and UK Consul General Welcomed for Jumeirah College Bake Off [3026-Views]
Global Village Announces Spectacular Celebrations to mark the 51st UAE National Day [2890-Views]
Asha's Proposes a UAE National Day Inspired Menu [2849-Views]
DLD Enriches its Participation in Cityscape 2022 with Innovative and Sustainable Real Esta... [2833-Views]
Laundry Done the Easy Way - Home Automation by Midea [2796-Views]
Network International, American University of Sharjah Collaborate to Empower Youth Enterin... [2792-Views]
More Style, Tech and Comfort – MG's Popular RX5 SUV is Reborn [2763-Views]
Waterfront Market unveils Dubai Consumers Shopping Preferences [2743-Views]
Verstappen Closes Out the Season with his 15th Win of the Year at the Abu Dhabi Grand Prix... [2722-Views]
Reel Cinemas will make UAE Cinema History by Giving an Incredible 51% Discount on All Movi... [2718-Views]
RSS Facebook Twitter LinkedDin on Instagram
Top Sections
Top Stories