New Delhi, Delhi, India, May 2024 – Richa Arora has joined Relaxo Footwears Limited as an Independent Director. With an extensive background in strategic leadership and corporate governance, Richa is set to contribute significantly to the company’s growth and strategic direction.
Richa Arora currently serves as an Independent Director at Grihum Housing Finance in Pune, Maharashtra. Grihum is an affordable housing finance company, where TPG acquired a majority stake in 2023.
She is also a Member of the Governing Council at Mobile Creches, an NGO focused on early child development, based in Delhi.
Richa has been a Non-Executive Director at Morphosis Venture Capital in Dubai, United Arab Emirates, building a portfolio of early-stage companies focused on technology-led B2B and ESG-positive start-ups.
Previously, she was the Managing Partner & CEO – ESG Stewardship & Solutions at ECube Investment Advisors in Mumbai, Maharashtra, leading ESG initiatives and providing strategic advisory services.
Richa has also held the position of Independent Director at FirstMeridian Business Services Limited in Bengaluru, Karnataka, contributing to strategic decisions and governance.
She served as an Independent Director at Snapdeal in Gurugram, Haryana, where she was involved in steering the company’s strategic direction.
At NourishCo Beverages Limited, she was a Director on the Board, playing a pivotal role in the company’s strategic initiatives.
Richa’s leadership roles include being the President, Packaged Foods, India and Chief Operating Officer, Foods at Tata Consumer Products in Mumbai, Maharashtra. She also served as a Director on the Board at Tata CLiQ and Chief Operating Officer (Consumer Products Business) at Tata Chemicals.
She founded and served as the Chief Strategy Officer at Five by Six Consulting, providing strategic consulting services to various businesses.
Richa began her career in leadership roles in marketing and innovation, including positions such as Head of Marketing & Innovation at Britannia Industries Limited and VP-Marketing at Balsara Home Products Ltd.
She has also been a part of FCB Ulka, where she served as the VP Strategic Planning (All India) & Head – Cogito Consulting.
About Relaxo Footwears Limited:
Relaxo Footwears Limited, incorporated in 1984, stands as a beacon of excellence in the footwear industry. As the largest footwear manufacturer in India, Relaxo has been serving the nation for four decades, earning a place among the top 500 Most Valuable Companies.
Their portfolio of brands, including RELAXO, SPARX, FLITE, BAHAMAS, BOSTON, MARY JANE, and KID’S FUN, caters to diverse consumer preferences. With approximately 650 pan-India distributors, over 70,000 retailers/multi-brand outlets, and 399 Exclusive Brand Outlets (EBOs), Relaxo ensures their products reach every corner of the country.
Internationally, Relaxo exports to approximately 30 countries and maintains an overseas office in Dubai. Their manufacturing prowess is underscored by 8 state-of-the-art facilities with a combined capacity of approximately 10.5 lakh pairs per day.
Read Also : Imagination in a Disrupted Age: Navigating the Future with Curiosity and Empathy
