Ashwani Kumar Puri

Chairman & Independent Director

Ashwani Kumar Puri is the Chairman & Independent Director of our Board. Ashwani has been a director in our Company since November 23, 2024. He holds a bachelor’s degree in commerce from Panjab University, and he is a fellow member of the Institute of Chartered Accountants of India. He has over 34 years of experience in the financial advisory and consulting sector. Prior to joining our Company, he served as a partner, leader of the financial advisory services practice in India, and member of the global advisory leadership team at PwC (PricewaterhouseCoopers Private Limited). He was also associated with Veritas Advisors LLP as its managing partner. He has been a director on the board of several companies including Aditya Birla Finance Limited and Coforge Limited. Presently, he serves as director on the boards of Healthium Medtech Limited and Titan Company Limited.

Varun Kapur

Managing Director & CEO

Varun Kapur is the Managing Director & CEO of TFS. Varun has been a director in our Company since February 1, 2013 and was also a Director of our Company from July 4, 2009 to December 15, 2011. He holds a bachelor’s degree in science from the Leonard N. Stern School of Business, New York University, USA. He has experience of over 14 years in the hospitality industry. As the Managing Director and Chief Executive Officer, he is responsible for overall strategy and management of the business.

Geeta Mathur

Independent Director

Geeta Mathur is an Independent Director on our Board. Geeta has been a director in our Company since November 23, 2024. She holds a bachelor’s degree in commerce from Shri Ram College of Commerce - Delhi. She is an associate member of the Institute of Chartered Accountants of India. Presently, she serves as a director on the boards of Info Edge (India) Limited, Dixon Technologies (India) Limited, Healthcare Global Enterprises Limited, 360 One Wealth and Asset Management Limited, amongst others.

Sonu Halan Bhasin

Non-Executive Director

Sonu Halan Bhasin is a Non-Executive Director on our Board. Sonu has been a director in our Company since November 23, 2024. She holds a bachelor’s degree in science (honours course) (mathematics) from the University of Delhi and a master’s degree in business administration from the University of Delhi. Prior to joining our Company, she was associated with Tata Capital Limited as a chief operating officer – travel, forex and cards, Yes Bank Limited as group president - branch banking at Mumbai, and Axis Bank Limited as president in retail banking. She has experience of over 30 years across the financial and non-financial sector. Presently, she serves as a director on the boards of Berger Paints India Limited, Max Life Pension Fund Limited, Multi Commodity Exchange of India Limited, and Mahindra First Choice Wheels Limited, amongst others.

Karan Kapur

Non-Executive Director

Karan Kapur is a Non-Executive Director of TFS. He has has been a director in our Company since June 27, 2018 and was also a Director of our Company from January 5, 2009 to February 1, 2013. He holds a bachelor’s degree in arts from Northwestern University, USA, a financial economics certificate for undergraduates from the Kellogg School of Management, Northwestern University, USA, and a master’s degree in business administration from the Harvard University, USA. He has over 14 years of experience in the hospitality industry.

Vikas Vinod Kapoor

Whole Time Director & Chief Financial Officer

Varun Kapur

Managing Director & CEO

Varun Kapur is the Managing Director & CEO of TFS. Varun has played a pivotal role in shaping the company's strategic direction and driving its success in the Travel QSR and Lounge sectors. With over 14 years of experience in the F&B industry, Varun brings a wealth of knowledge and leadership to TFS. Under his leadership, TFS has expanded its footprint across the region, making it a leading player in the Travel QSR and Lounge sector. 

Varun holds a BSc. from the Leonard N. Stern School of Business, New York University, USA. 

Gaurav Dewan

Chief Operating Officer

Gaurav Dewan is our Chief Operating Officer. He has been associated with our Company since September 29, 2014. He is responsible for the sales and overall business operations of our Company. He holds a master’s degree in business administration from the University of Greenwich, UK. Prior to joining our Company, he was associated with Bharti Airtel Limited, Reliance Communications Limited and BTA Cellcom Limited. He has over 17 years of experience in the sales, marketing and business strategy.

Vikas Vinod Kapoor

Whole Time Director & Chief Financial Officer

Vikas Vinod Kapoor is the Whole-time Director and Chief Financial Officer of our Company. He has been a director in our Company since November 11, 2024 and was appointed as our Chief Financial Officer since November 27, 2024. He has been associated with our Company since August 1, 2019. He is responsible for the financial management, internal controls, financial and regulatory reporting, legal and secretarial of our Company. He holds a bachelor’s degree in commerce from The Kelkar Education Trust’s Vinayak Ganesh Vaze College of Arts, Science and Commerce, University of Mumbai. He also holds an executive post graduate certificate in strategic management from the Indian Institute of Management, Kozhikode. He has passed the final examination of the Institute of Chartered Accountants of India and is an associate of the Institute of Company Secretaries of India. Prior to joining our Company, he was associated with Tata Sky Limited as its senior vice president – finance and Invensys India Private Limited as its director – finance. He has over 25 years of experience in the finance industry.

Rajeev Girdhar Panjwani

Head – ARAYA Lounges

Rajeev Girdhar Panjwani is currently the head – Araya lounges of our Subsidiary, TFS Global, since July 1, 2024 and was the chief executive officer of our company from April 27, 2009 to December 31, 2012. He is responsible for the business development, sales and overall business of TFS Global. He holds a bachelor’s degree in commerce (financial accounting and auditing) from the Jai Hind College, University of Mumbai along with a diploma in hotel management from The Oberoi School of Hotel Management. He also holds a master’s degree in business administration from the National University of Singapore. Prior to joining TFS Global, he was associated with Coriander Leaf Pte Ltd as its chief executive officer, SilverNeedle Hospitality as its vice president – franchise operations and RCI Asia Pacific Pte Ltd. and Wyndham Hotel Group as director – development – South East Asia, Wyndham Hotel Group. He has over 29 years of experience in the hospitality and professional services industry.

Manish Jitendra Thakkar

Head- Supply Chain and Procurement

Manish Jitendra Thakkar is the head – supply chain and procurement. He has been associated with our Company since June 8, 2023. He is responsible for the supply chain management, procurement and strategic alliances of our Company. He holds a diploma in mechanical engineering from Shri Vile Parle Kelavani Mandal’s Shri Bhagubhai Mafatlal Polytechnic. Prior to joining our Company, he was associated with Sodexo India Services Private Limited as director – supply management, India and Pepsico India Holdings Private Limited as purchase executive. He has over 33 years of experience in the supply chain and procurement.

Darpan Sevanti Mehta

Vice President – Business Development

Darpan Sevanti Mehta is our vice president – business development. He has been associated with our Company since March 1, 2010. He is responsible for the business development, tendering and relationship management of our Company. He holds a diploma in hotel administration and food technology from Sophia-Shree Basant Kumar Somani Memorial Polytechnic. Prior to joining our Company, he was associated with Bombay Gymkhana Limited as food and beverages manager; and Pan India Food Solutions Private Limited as deputy general manager – Coffee Bean and Tea Leaf. He has over 34 years of experience in the business development.

Venu Madhav Singaraju

Vice President – Information Technology

is our vice president – information technology. He has been associated with our Company since July 13, 2023. He is responsible for the overall technology, IT innovation and IT infrastructure of our Company. He holds a bachelor’s degree in technology (computer science engineering) from the Nagarjuna University and a master’s degree in technology from the University of Hyderabad. He also holds an executive post graduate diploma in management from the Indian Institute of Management Kozhikode Society. Prior to joining our Company, he was associated with Aditya Birla Retail Limited as deputy general manager – information technology and Lifestyle International Private Limited as assistant vice president. He has over 26 years of experience in the information technology industry.

Conrad Cornell Alves

Vice President – Human Resources

Conrad Cornell Alves is our vice president – human resources. He has been associated with our Company since August 5, 2019. He is responsible for the human resource and training functions of our Company. He holds a bachelor’s degree in science (physics) from the R.D. National College and W.A. Science College, University of Mumbai. He also holds a master’s degree in human resources development management from the Mumbai Educational Trust’s Institute of Management Studies, University of Mumbai. Prior to joining our Company, he was associated with Bisleri International Private Limited and various companies in the TATA group including Voltas Limited as its business group HR – UPBG and TATA Services Limited as senior manager. He has over 19 years of experience in human resource management.

Neeta Arvind Singh

Company Secretary and Compliance Officer

Neeta Arvind Singh is our Company Secretary and Compliance Officer. She has been associated with our Company since October 16, 2024. She is responsible for the secretarial and regulatory compliance functions of our Company. She holds a bachelor’s degree in commerce (financial accounting and auditing) from Sheth T.J. Education Society's Sheth Nanjibhai Khimjibhai Thakkar Thanawala College of Commerce and Sheth J. T. Thanawala Arts and Science College, University of Mumbai. She is an associate of the Institute of Company Secretaries of India. Prior to joining our Company, she was associated with Future Consumer Limited as its deputy company secretary, K. Raheja Services Private Limited as its assistant manager – secretarial & legal and Nilkamal Limited as its assistant company secretary. She has over 21 years of experience in the corporate secretarial, and regulatory and compliance industry.