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People · Financial Services

Scripbox promotes Mohankumar Swaminathan to CPO

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Date
Company
Scripbox
What it does
Digital wealth management platform
Kind
People
Founded
2012
Sector
Financial Services

What they do

Scripbox offers digital wealth management solutions to retail and high-net-worth investors in India

What happened

Mohankumar Swaminathan, who joined in 2016, has been promoted to Chief Product Officer

Why it matters

He will lead product strategy and an AI-led roadmap, having built the in-house marketing automation platform

The details

  • Scripbox has promoted Mohankumar Swaminathan to Chief Product Officer (CPO).
  • Swaminathan joined Scripbox in 2016 as a Growth Hacker and has spent nearly a decade at the company.
  • His previous role was Head of User Acquisition before becoming CPO.
  • As CPO, he will lead product strategy, roadmap, and innovation.
  • He will focus on the digital wealth platform and customer experience.
  • Swaminathan will drive an AI-led product roadmap and work with engineering, design, and business teams.
  • He earlier led product management, customer acquisition, lifecycle engagement, and marketing technology.
  • He built the in-house marketing automation platform and improved digital onboarding processes.

The bigger picture

  • Scripbox reported FY25 operating revenue of Rs 107.2 crore, up 27% year-on-year.
  • The company posted a profit of Rs 12.7 crore in FY25.
  • Scripbox recently acquired the mutual fund distribution business of Bluechip Capital (33+ years old).

About the business

  • Scripbox was founded in 2012 and offers digital wealth management solutions.
  • It serves retail, affluent, and high-net-worth investors across India.
  • The company reported operating revenue of Rs 107.2 crore in FY25, with 27% year-on-year growth.
  • Scripbox posted a profit of Rs 12.7 crore in FY25.
  • It acquired the mutual fund distribution business of Bluechip Capital (Delhi-NCR, founded by Ravi Kohli).

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