Easebuzz Elevates Parimal Kumar Shivendu to Executive Director, Appoints Him to Board to Strengthen Governance and Regulatory Strategy

BENGALURU | INDIA — Easebuzz Private Limited, a leading Indian payment aggregator, has elevated Parimal Kumar Shivendu to the role of Executive Director and appointed him to its Board of Directors. The move signals the company’s sharpened focus on governance excellence, regulatory alignment, and long-term strategic growth as India’s digital payments ecosystem continues to scale rapidly.

Parimal brings more than 15 years of experience spanning financial regulation, public policy, and fintech. Notably, he spent over a decade at the Reserve Bank of India (RBI), where he worked on regulatory frameworks governing fintech innovation and digital financial services. His background positions him uniquely at the intersection of regulation and execution—an increasingly critical advantage for payment infrastructure companies operating in a tightly regulated and fast-evolving market.

His regulatory background gives Easebuzz a rare advantage at a time when payment aggregators are operating under increased scrutiny related to compliance, data security, operational resilience, and consumer protection. Since joining Easebuzz, Parimal has been closely involved in finance, risk management, compliance, and strategic initiatives, supporting the company as it scales its platform and merchant offerings.

With his appointment to the Board, Parimal will play a broader role in governance oversight, regulatory engagement, enterprise risk management, and sustainable growth planning, helping Easebuzz balance innovation with institutional robustness.

A Governance-First Approach to Fintech Scale

India’s digital payments industry has witnessed exponential growth over the past decade, driven by UPI adoption, e-commerce expansion, and the rapid digitisation of small and medium enterprises. However, this growth has also brought sharper regulatory focus, particularly on payment intermediaries that form the backbone of the ecosystem.

Easebuzz’s leadership move reflects a clear shift from growth-led expansion to compliance-led, governance-first scaling—a transition increasingly demanded by regulators, enterprise clients, and institutional partners.

In a statement, Parimal Kumar Shivendu said,

“As India’s digital financial services ecosystem matures, the emphasis must increasingly shift towards strong governance, regulatory alignment, and sustainable scale. Easebuzz is well positioned at this intersection. Having worked both within the regulatory system and the industry, I look forward to contributing at the Board level to help build a trusted and future-ready institution.”

His dual exposure to policymaking and industry execution positions him to anticipate regulatory change rather than react to it—an advantage that can significantly reduce operational and compliance risk.

CEO’s Perspective: Regulatory Depth Meets Execution

Commenting on the appointment, Rohit Prasad, Managing Director and Chief Executive Officer of Easebuzz, highlighted the strategic relevance of Parimal’s elevation.

“Parimal brings a unique perspective that combines regulatory depth with practical industry experience. His elevation to the Board reflects the value he adds to our strategic thinking as we scale the business. His contribution will be important as we continue to strengthen governance while expanding our presence in the digital payments ecosystem.”

For fintech companies operating at scale, board-level regulatory expertise is increasingly viewed as essential rather than optional. It supports stronger internal controls, more effective regulator engagement, and improved confidence among enterprise customers and financial institutions.

Easebuzz’s Growth Trajectory and Market Position

Easebuzz currently serves over 2,50,000 merchants across India, providing secure, compliant, and scalable payment solutions for businesses ranging from startups to large enterprises. Its platform supports digital collections, payment workflows, and API-driven integrations that enable businesses to manage transactions efficiently.

As transaction volumes rise and regulatory frameworks evolve, Easebuzz’s emphasis on governance and compliance positions it as a long-term infrastructure player rather than a short-cycle fintech.

Industry observers note that fintech firms that institutionalise governance early are better positioned to withstand regulatory shifts, maintain trust, and unlock partnerships with banks, NBFCs, and large enterprises.

Looking Ahead

Parimal Kumar Shivendu’s appointment to the Board underscores Easebuzz’s intent to build durability alongside growth. By embedding regulatory expertise at the highest level, the company is aligning itself with the next phase of India’s fintech evolution—one defined not just by scale, but by trust, resilience, and regulatory credibility.

As India’s digital payments ecosystem matures, leadership decisions such as this may prove decisive in distinguishing compliant, future-ready institutions from short-term market participants.

Disclaimer

This article is based on information provided by the company through an official press release. Global Business Line has not independently verified all claims and statements and does not take responsibility for their accuracy or completeness.