FundsIndia puts retail at the centre as Rhishabh Garg takes charge of digital business

BENGALURU: FundsIndia has appointed Rhishabh Garg as chief executive officer, digital business, signalling a renewed push to scale its retail investing franchise as participation by Indian households deepens.

Garg will lead FundsIndia’s B2C strategy, overseeing product innovation, customer experience and growth, as the digital-first investment platform doubles down on technology-led, research-backed investing solutions for retail users.

The appointment fits into FundsIndia’s three-pronged leadership structure. The digital business will be led by Garg, while Manish Gadhvi continues as chief executive officer, partners business, and Srinivas Mendu remains chief executive officer, private wealth. All three report to Akshay Sapru, group chief executive officer, FundsIndia, and are tasked with driving coordinated growth across the organisation.

Garg brings more than a decade of experience across digital finance and consumer internet businesses. Most recently, he served as head of term insurance at PolicyBazaar, where he drove growth, customer engagement and product and distribution strategy at scale. An alumnus of the Indian Institute of Technology, Delhi and the Indian School of Business, he has built and led teams across product, distribution and growth roles within India’s digital financial services ecosystem.

“I am delighted to join FundsIndia at a defining moment in its journey, as retail participation in Indian markets continues to deepen and mature,” said Rhishabh Garg, CEO – Digital (Retail), FundsIndia. “I truly value the trust placed in me by the leadership, and I look forward to working with a passionate, high-performing team to build on FundsIndia’s strong foundation of research, trust and technology. Together, our focus will be on simplifying investing, elevating customer experience, and enabling millions of Indians to build long-term wealth with clarity and confidence.”

At FundsIndia, Garg will focus on strengthening digital capabilities, refining product journeys and building high-performing teams aligned with the company’s mission of making investing simpler and more accessible.

Founded in 2009, FundsIndia operates across digital retail, partner-led distribution and private wealth, offering investment products spanning mutual funds, equities and insurance. With over a million customers and partners, the platform is positioning itself for the next leg of growth as retail investors become more sophisticated and digitally native.

By handing the digital reins to a seasoned consumer-finance operator, FundsIndia is making its intent clear. Retail is no longer just a vertical. It is the engine.