April 14, 2017
Printo, the Bangalore based print retail chain, announced the appointment of Balu Iyer as its new CEO. Balu will succeed Printo cofounder, Manish Sharma, who will move into the role of Chairman of the Board of Directors and will oversee digital strategy and M&A.
Balu Iyer is an alumnus of UDCT, Mumbai, and IIM (Ahmedabad). He brings twenty-five years of experience from Unilever, where he built multiple businesses including confectionery and mushroom exports. Balu later joined Chennai based CAMS to run their insurance vertical by leveraging the multi-location presence of the company.
“Printo has developed a unique business model that serves growing SME demand for professional print services. Our customers are the real engine for economic growth and Printo understands this market well. As we create a national footprint, I am excited to lead Printo on this journey of profitable growth.”, said Balu Iyer.
“The Board decided the time was right to elevate Balu to lead Printo’s growth phase as we focus on doubling our revenue in 3 years. I will complement Balu by developing the omni-channel strategy and pursuing M&A opportunities, along with managing the Board.”, said Sharma.
Printo has begun regional expansion with new stores in Chennai, Hyderabad and Pune. It expects to extend its footprint to NCR and Mumbai by end of the year.
Printo is India”s first and fastest growing retail print chain. Printo makes printing easy for individuals and businesses through its obsessive customer services and focus on quality. Customers can walk into a Printo store for instant business cards, business stationery, brochures, corporate gifts and design services. Apart from using the 28 retail stores, Printo customers can also create and order print products online through www.printo.in and the printing app Pi.
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