Praxis Home Retail Names Ravi Venkatraman as Chairperson, Tapping Governance Veteran

Praxis Home Retail Limited has named Ravi Venkatraman as Chairperson, reinforcing its governance leadership as the company moves into its next phase. The board, at its April 15, 2026 meeting, unanimously approved the appointment, with Venkatraman continuing in his existing role as an Independent Director. The change reflects Praxis’s emphasis on seasoned oversight to guide strategy, capital allocation, and risk management as it pursues growth opportunities.

Venkatraman brings more than four decades of finance and governance experience to Praxis. A Chartered Accountant and Cost Accountant by training, he retired in 2020 as Executive Director & Chief Financial Officer of Mahindra & Mahindra Financial Services Limited. In that role, he drove corporate strategy, capital raising, governance, regulatory engagement, risk management, and technology transformation, and helped build several Mahindra Group financial services entities. His board service spans multiple listed and unlisted companies across financial services, insurance, asset management, fintech, and banking, underscoring a deep track record in governance and strategic oversight.

Praxis’s leadership transition underscores a broader push to anchor consumer-focused retail growth with governance-expertise and financial discipline. Venkatraman’s appointment as Chairperson is expected to enhance strategic oversight, governance rigor, and capital discipline as the company navigates scale, customer experience, and technology-led transformation in a competitive retail landscape.