Sameer Garde to become CEO of Capillary

Sameer Garde to become CEO of Capillary

Dubai – 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