Faridabad, Haryana, India, May 2025 — CA Ankit Kumar Singhal has taken charge as the Chief Financial Officer at Netweb Technologies India Ltd., stepping into a pivotal leadership role within one of the country’s foremost high-performance computing and server solutions companies. In his new position, Ankit is responsible for shaping the financial vision of the organization, driving operational excellence, and supporting long-term strategic initiatives in close collaboration with the Managing Director, CEO, Board of Directors, and stakeholders.
Prior to this appointment, Ankit was associated with LocoNav for nearly six years, where he most recently served as Vice President – Finance. During his tenure, he led critical financial operations including AOP development, investor reporting, cash flow management, global expansion strategies, and system automation. He also played a key role in cost optimization, financial modeling for fundraising, and building a performance-driven finance team.
Before LocoNav, Ankit held the role of Finance Manager at Eli India, where he oversaw financial reporting as per US GAAP, budgeting, statutory audits, and MIS analytics. His experience also includes managing commercial finance and reporting functions as Deputy Manager – Finance at CNH Industrial, and contributing to treasury and working capital functions at Jindal Stainless Ltd.
Earlier in his career, Ankit served as a Chartered Accountant at Shahi Exports Pvt Ltd, and a Management Trainee at Thomson Press India Ltd., where he contributed to project evaluation, MIS reporting, and financial controls. His foundation in finance was laid during his articleship at Lochan & Co., where he worked on SOP development, taxation, and internal audit procedures.
With over 15 years of rich and diverse experience, Ankit is well-positioned to lead the financial strategy at Netweb Technologies as it accelerates growth and innovation in India’s digital infrastructure landscape.
About Netweb Technologies India Ltd.
Netweb Technologies is a leading domestic provider of server, storage, and high-performance computing (HPC) solutions, with a headquarters in New Delhi and a strong presence across India through 15 regional offices. The company offers cutting-edge solutions that power digital transformation across industries, including AI, data centers, cloud, and research institutions.
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