Affle Holdings: Affle Holdings strengthens its leadership team. Appoints Gulrez Alam as Chief Investment & Strategy Officer

23rd April 2019, India: Affle Holdings Pte Limited (“Affle” or “Company”) today announced the appointment of Gulrez Alam as the Chief Investment & Strategy Officer to strengthen its leadership team and help drive growth for the Affle group.

Gulrez will be driving Affle group’s strategy and investments and use his extensive experience in extending the Company offerings to key clients across geographies. Gulrez comes with 15+ years of experience in digital media and has been successful entrepreneur having founded ‘Resultrix’, a leading digital marketing company across five countries. The Publicis Groupe later acquired his entrepreneurial venture ‘Resultrix’ and he was appointed as the Chief Development Officer – APAC for Zenith Optimedia (Part of the Publicis Groupe). He moves in to Affle Group after his last entrepreneurial stint in the fintech domain where he founded an algorithmic trading company.

Commenting on the appointment, Anuj Khanna Sohum, the Chairman and CEO of Affle said, “We welcome Gulrez to the Affle family. As we gear up to execute our growth plans for FY20, such key appointments would strengthen our team and help drive growth through new strategic initiatives. With Gulrez joining the leadership team for Affle Holdings, we hope to further fortify our presence across existing markets and diversify business through new endeavors and relevant acquisitions that would complement our existing capabilities and team. We wish him all the best for a successful journey at Affle.”

Commenting on this, Gulrez Alam, Chief Investment & Strategy Officer, Affle Holdings said, “This is an exciting time to join the Affle group as it is experiencing growth momentum through both organic and inorganic initiatives. I am looking forward to be part of Affle’s growth journey and collaborate with its entrepreneurial teams across markets to drive growth through new strategic initiatives.”

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Affle (India) Limited proposes, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares (“Equity Shares”) in India and has filed a draft red herring prospectus dated July 14, 2018 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on SEBI website at as well as on the website of the book running lead managers i.e., ICICI Securities Limited at and Nomura Financial Advisory and Securities (India) Private Limited at, and the websites of BSE Limited and National Stock Exchange of India Limited at and, respectively. Investors should note that investment in Equity Shares involves a high degree of risk and for details relating to the same, see “Risk Factors” of the Red Herring Prospectus when available. Potential investors should not rely on the DRHP for any investment decision.
This announcement has been prepared for publication outside the United States and may not be released in the United States. This announcement does not constitute an offer of Equity Shares for sale in any jurisdiction, including the United States, and the Equity Shares may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended, or an exemption from registration. Any public offering of the Equity Shares to be made in the United States will be made by means of a prospectus that may be obtained from Affle and that will contain detailed information about Affle and its management, as well as financial statements. However, the Equity Shares are not being offered or sold in the United States.