Value fashion retailer Citykart has appointed Rohit Goyal as its Chief Financial Officer, strengthening its leadership team as it accelerates expansion across emerging markets. The move comes at a time when the company is witnessing strong growth and scaling its presence in smaller cities.
Goyal will work closely with the leadership team to drive the next phase of growth. His mandate includes improving profitability, enhancing financial discipline, and strengthening governance. He will also manage investor and banking relationships while driving digital adoption through data-driven financial systems.
Focus on Growth and Financial Discipline
A key priority for Goyal will be to build a robust finance function and improve accountability across business operations. He is expected to streamline financial processes and support Citykart’s aggressive expansion strategy.
The company has been growing at over 40% and is focused on expanding its retail footprint in tier II, tier III, and tier IV markets. Its affordable fashion model continues to resonate with value-conscious consumers across these regions.
Strong Industry Experience
Goyal brings over two decades of experience across leading organisations, including GlobalBees, OYO Hotels and Homes, Rivigo, Bharti Airtel, PepsiCo, and LG Electronics. He has led finance transformation, strategic planning, and operational initiatives throughout his career.
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Expansion Plans Ahead
Citykart raised Rs 538 crore in a Series B round in May last year, led by TPG NewQuest and A91 Partners. The fresh capital is being deployed to strengthen its presence across smaller cities and scale operations further.
With a sharpened leadership team, the company is positioning itself for sustained growth in India’s fast-evolving value fashion segment.
