Mr Vinaya Varma, 47, today took over as the Chief Executive Officer (CEO) of Kolkata-based Mjunction Services Limited, a joint venture of Tata Steel and SAIL, and India’s leading B2B e-commerce company. Mr Varma has served the company for the last 15 years since its inception in 2001, and his last held position in the company was that of its Vice-President.
Mjunction ended FY16 with a 33% growth in its topline and 43% growth in bottomline.
Mr Varma has led all major ventures of the company – which includes metaljunction, coaljunction and buyjunction. He is a strong believer in the power of e-commerce and is committed to building efficient and transparent supply chains. Under his leadership, Mjunction is all set to see a new phase of growth and development.
On his first day at office, Mr Varma said: “I look forward to build on the good work that has been done at Mjunction for the last 15 years. Mjunction is a customer-centric organisation, and I shall ensure that all platforms, applications and services of Mjunction continue to provide superior experience and business benefits to all its users.”
An alumnus of IIT Kanpur, Mr Varma was with Tata Steel before joining Mjunction, where he was involved in several functional areas encompassing Production, Planning, Sales and Marketing.