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Spice Money appoints Mrutyunjay Mahapatra and Veena Mankar as Board Members


Chandigarh, (Gurpreet) : Spice Money (subsidiary of DiGiSPICE Technologies), India’s leading rural fintech, which is revolutionizing the way Bharat banks, announced the appointment of new board members, Mrutyunjay Mahapatra and Veena Mankar. Mruntyunjay and Veena, with their rich expertise and experience spanning across decades, will enable Spice Money to be at the forefront of the rural fintech revolution bringing digital financial accessibility to India’s unbanked and underserved population.

Mrutyunjay Mahapatra is a veteran in the Indian banking and financial technology sector. He was the deputy managing director of SBI and oversaw worldwide strategy, marketing, new business, digital, analytics, and IT activities. He built the innovation, data analytics, and enterprise architecture verticals for creating numerous ground-breaking products, including YONO, Loan Life Management System, SBI Chatbot, and others. His current board memberships include RBIH, NSEIT, Nippon Life Insurance, Quantum MF, etc. He is also a member of the NABARD Board of Supervision. He serves as an advisor to several Indian and foreign businesses and teaches management practice at Manipal University. Mrutyunjay’s expertise in the domain will aid Spice Money in expanding its digital offerings for Bharat.

With four decades of experience in banking and financial services, Veena Mankar is a seasoned professional. Her expertise includes financial inclusion, financing for MSMEs, and trade finance. She has been associated with prestigious financial organisations from India and overseas through her career, such as West LB Germany, Emirates Bank International, Dubai, and FIM Bank Malta. She has been the MD and CEO of NBFCs in India and Country Head for a representative office of a German bank in India.

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