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FatPipe Announces Leadership Team Appointments as It Accelerates Expansion Following Nasdaq Listing

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SALT LAKE CITY, May 9, 2025 /PRNewswire/ — FatPipe, Inc. FatPipe, Inc. (NASDAQ: FATN) (“FatPipe” or the “Company”), a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions that provide the highest levels of reliability, security, and optimization for Wide Area Networks (WANs), today announced the appointment of its full executive management team as it continues to build on the momentum of its recent Nasdaq listing, scaling operations globally to meet increasing demand for secure, reliable, and optimized enterprise connectivity.

“While our innovative solutions remain the foundation of our success, our world-class leadership team is a key driver of FatPipe’s competitive advantage,” said Dr. Ragula Bhaskar, Chairman and CEO of FatPipe. “With decades of combined expertise in networking technology, cybersecurity, sales, and finance, we have built a leadership team ready to drive FatPipe’s next phase of growth. Together, we are focused on expanding our talent base and seizing opportunities in a total addressable market expected to exceed $17.6 billion by 2030, with active initiatives underway in the U.S., India, Southeast Asia, Mexico, and beyond.”

Executive Appointments Include:

Tom Aufiero, appointed SVP of Sales, Cybersecurity, brings decades of senior sales leadership experience, most recently serving as SVP of Cybersecurity Sales at AT&T, where he led a $600 million sales team. He will focus on expanding FatPipe’s cybersecurity sales and advancing new go-to-market initiatives.

Matt Swift joins as VP of Mid-Market Sales, bringing decades of sales leadership experience, most recently serving as AVP of Mid-Market Sales at AT&T, where he led a $700 million sales team. Swift will lead FatPipe’s mid-market sales efforts across the U.S.

Eric Sherb has been appointed Chief Financial Officer. A CPA with over 14 years of financial leadership experience across public and private companies, Sherb will lead FatPipe’s financial strategy, capital markets activities, and compliance as a Nasdaq-listed company.

Stephen Steel has been appointed VP of Product Management, leading FatPipe’s product strategy and roadmap. With more than 25 years of product leadership experience, including serving as Product Manager at AT&T, Steel brings a strong foundation in scalable technology platforms. He will drive innovation across SD-WAN, SASE, and edge solutions, while identifying new market opportunities.

Harish Motwani is Executive Vice President of Strategic Business and Solution Sales, bringing deep expertise from leadership roles in telecom and enterprise solutions. Previously, he served as EVP at Reliance Datacomm, a $700 million datacom provider, where he led product strategy, roadmap development, and overall sales. He will lead FatPipe’s business development and channel strategy in India. Motwani was also a member of the prestigious Indian Telecom Service of the Government of India, a select group responsible for shaping the country’s telecom strategy.

Praveen Shinde is Vice President of Sales, India. Previously, he served as Head of Sales at Reliance Datacomm, where he led sales efforts for the $700 million company. Shinde brings strong enterprise sales experience and will lead FatPipe’s sales initiatives in the Indian market.

“With a strong leadership foundation, growth strategy in motion, and a healthy pipeline of products, FatPipe is positioned to meet the growing demand for secure, resilient, and scalable networking solutions in a hybrid, multi-cloud world,” said, Ms. Sanch Datta, President and CTO.

Following its recent public listing on the Nasdaq Capital Market, FatPipe is accelerating its hiring efforts across sales, marketing, and customer success to support its strategic growth initiatives. The Company is expanding its presence in existing markets and building new partnerships to drive adoption of its secure networking solutions.

FatPipe plans to hire 12 new Regional Sales Managers across the U.S. to support its aggressive growth initiatives in SD-WAN, SASE, and cybersecurity. This expansion is designed to accelerate customer acquisition, strengthen partner relationships, and deepen the company’s direct engagement with enterprise clients nationwide.

FatPipe has pioneered software-defined wide area networking (SD-WAN) since its founding, with 12 foundational patents covering multi-path routing, failover, encryption, and secure connectivity. Today, FatPipe delivers a comprehensive suite of SD-WAN, Secure Access Service Edge (SASE), Cybersecurity, and Network Monitoring Services (NMS) products to more than 2,500 customers worldwide.

About FatPipe, Inc.

FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for hardware and software or cooperation from ISPs and allows companies and service providers to control multi-link network traffic. FatPipe currently has 12 U.S. patents related to multipath, software-defined networking. FatPipe products are sold by 200+ resellers worldwide. For more information, visit www.fatpipeinc.com. Follow us on X @FatPipe_Inc.

Forward-Looking Statements

Certain statements contained in this press release, including statements relating to the Company’s expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management’s current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe’s registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.

Company Contact Info

IR.Press@fatpipeinc.com

Investor Contact

Dave Gentry, CEO
RedChip Companies, Inc.
1.800.RED.CHIP (733-2447)
FATN@redchip.com

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SOURCE FatPipe Networks

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5paisa Capital Launches AlgoSpace: Algo Trading for Everyone, Made Simple and Accessible

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MUMBAI, India, June 20, 2026 /PRNewswire/ — 5paisa Capital Ltd., one of India’s leading digital brokers, today announced the launch of AlgoSpace at its Algo Convention event at the Bombay Stock Exchange. AlgoSpace is a new algorithmic trading platform designed to make algo trading accessible to every retail trader. 

A product that is meant to make “Algo Trading for Everyone,” AlgoSpace enables users to browse, select, and deploy curated trading strategies – without the need for coding, technical infrastructure, or complex configurations. The platform brings together simplicity, speed, and intelligent automation to help traders participate in algo-driven trading with ease. 

Solving for Simplicity in Algo Trading 

While algorithmic trading has long been associated with institutions and technically advanced traders, retail participation has often been limited by complexity and high entry barriers. AlgoSpace by 5paisa bridges this gap by offering a curated selection of battle-tested strategies, allowing traders to focus on strategy selection rather than technical implementation. 

With instant deployment and seamless integration into the 5paisa trading ecosystem, AlgoSpace by 5paisa removes friction at every step – making algo trading intuitive, efficient, and accessible. 

Commenting on the launch, Gaurav Seth, MD & CEO, 5paisa Capital, said: 

“At 5paisa, our focus has always been on simplifying advanced trading tools for retail India. With AlgoSpace, we are making algo trading accessible to everyone. Traders can now access curated strategies and deploy them seamlessly at no extra cost.” 

Key Highlights of AlgoSpace 

Strategy Deployment: Browse a curated marketplace of trading strategies and deploy then seamlessly. Battle-Tested Algos: Pre-built strategies for Indian market conditions and diverse styles. No Coding Required: No programming, scripting, or technical setup – simply select and deploy. Zero Platform Fees: Trade using AlgoSpace with no additional platform charges or commissions. Seamless Execution: Fully integrated with the 5paisa ecosystem for real-time order execution and monitoring. Insights & Controls: Backtesting, performance analytics, and complete visibility into positions and capital usage. 

AlgoSpace by 5paisa represents a shift in how retail traders can engage with algorithmic strategies, moving away from complexity towards clarity, control, and intelligent automation. By combining curated strategies with instant execution and a no-code experience, 5paisa continues its mission to democratise advanced trading tools and make professional-grade capabilities available to every trader. 

About 5paisa Capital 

5paisa Capital Ltd. is one of India’s leading digital-first brokers, offering cost-effective and technology-driven financial services to retail investors. With a mission to democratise investing, 5paisa continues to innovate at the intersection of finance and technology, delivering seamless trading and investing solutions to millions across the country. 

Photo: https://mma.prnewswire.com/media/2997850/5paisa_Launches_AlgoSpace.jpg

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Reliance Digital Launches ‘Baaptaa’, a Father’s Day Campaign Celebrating the Many Expressions of Fatherhood

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MUMBAI, India, June 20, 2026 /PRNewswire/ — Reliance Digital has launched ‘Baaptaa’, a Father’s Day campaign to celebrate the many expressions of fatherhood. Built around a simple cultural observation, while “Maa ki Mamta” has long been a part of India’s collective vocabulary, there has never been a word that captures the distinct ways fathers express love, the campaign introduces ‘Baaptaa’ as a tribute to the many shades of fatherhood.

Conceptualised as an original music-led campaign, Baaptaa celebrates fathers not as idealised figures, but as they are experienced in everyday life, protective, dependable, emotional, quirky, practical, occasionally embarrassing, and always present. Through a relatable narrative, the campaign acknowledges the countless ways fathers care for their families, often through actions rather than words.

Watch Video: https://youtu.be/9XyUsJB33Ds?si=PM67vhxrzth1JEkz 

At the heart of the campaign is an original music video told from a father’s perspective, capturing the different roles he plays across life’s moments and milestones. The film brings to life the humour, warmth and unspoken affection that characterise father-child relationships, while giving a name to a form of love that many recognise but few have articulated.

The campaign stems from a simple insight: while motherhood has often found expression through familiar phrases and popular references, the unique language of fatherhood has remained largely undefined. Baaptaa seeks to fill that gap by creating a term that reflects the everyday gestures, practical wisdom and quiet sacrifices that fathers make.

Father’s Day communication often leans into familiar emotional territory, but Reliance Digital’s campaign celebrates fathers in a way that feels more culturally authentic and relatable. The idea for ‘Baaptaa’ came from a simple observation — mother’s love has been immortalised in a number of heartfelt, emotional songs, there needed to be an anthem dedicated to dad’s love. And thus was born Baaptaa – a love language that is often awkward, practical, protective, humorous and deeply felt, even if rarely verbalised. It’s a celebration of fatherhood in all its wonderfully imperfect forms immortalized by a song that you won’t be able to stop humming.

Shop for the widest range of electronics at Reliance Digital and thank your father for his Baaptaa.

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REPT BATTERO Deepens Inter Milan Partnership, Brings Latest Innovations to Intersolar Europe 2026

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MUNICH, June 20, 2026 /PRNewswire/ — As global audiences follow the world’s biggest football tournament this summer, another international stage is preparing to bring together innovators, businesses and industry leaders from across the energy sector.

From June 23 to 25, REPT BATTERO will participate in Intersolar Europe 2026 in Munich, Germany, showcasing its latest developments in energy storage, sustainability and global business expansion.

Adding to the excitement, an Inter Milan legend will make a special appearance at the REPT BATTERO booth, meeting customers, partners and visitors from around the world. The appearance follows the company’s recent partnership with Inter Milan, which named REPT BATTERO as the club’s Global Official Battery and Energy Storage Partner.

But beyond products, exhibitions and football, the story REPT BATTERO hopes to tell is about something larger: how a young Chinese battery company is evolving into a global energy brand.

Growth Comes First

For any company looking to expand globally, one question comes before all others: is the business ready?

For REPT BATTERO, the answer is increasingly being reflected in its performance.

According to its 2025 annual results, the company reported revenue of approximately €3.1 billion, up 36.7% year on year, while net profit reached approximately €87 million, marking the company’s first full year of profitability. Annual battery shipments totaled 82.7GWh, representing year-on-year growth of 89.2%.

Energy storage continued to be a key growth driver, generating approximately €1.7 billion in revenue in 2025, an increase of 86.8% compared with the previous year.

The momentum has continued into 2026. In the first quarter, REPT BATTERO ranked No.1 globally in both residential energy storage cell shipments and commercial & industrial energy storage cell shipments, while ranking among the world’s top five in energy storage cell shipments overall. The company has also maintained BloombergNEF Tier 1 Energy Storage Supplier status for eleven consecutive quarters.

These achievements are not simply the result of rapid growth. They reflect years of investment in product development, manufacturing capability, customer relationships and operational excellence.

For REPT BATTERO, globalization is not a sudden ambition. It is the natural next stage of a business that has steadily built the foundations required to compete internationally.

Globalization Beyond Exporting Products

For many companies, globalization begins with exports.

But long-term success requires much more than shipping products overseas.

Customers increasingly evaluate suppliers not only on technology and price, but also on local service capabilities, supply chain resilience, regulatory readiness and long-term reliability. This is particularly true in Europe, where the energy transition continues to drive demand for trusted and sustainable partners.

Over the past several years, REPT BATTERO has been steadily strengthening its international footprint.

The company established its European subsidiary in Munich in 2023 and has since expanded its overseas presence across Germany, the United States, Indonesia, Australia and Japan. Today, REPT BATTERO’s business network spans six continents, supporting customers across a wide range of energy storage and mobility applications.

At the same time, the company is advancing construction of its first overseas manufacturing base in Indonesia, a major milestone in its global manufacturing strategy.

Europe remains one of REPT BATTERO’s most important markets. Earlier this year, during KEY – The Energy Transition Expo in Italy, the company signed energy storage supply agreements totaling 8.3GWh with seven European partners. REPT BATTERO has successfully delivered and deployed energy storage projects in Germany, Belgium, Slovakia, Romania, Bulgaria, Greece, Ukraine, Poland, Moldova and Latvia, further strengthening its presence in Europe.

Taken together, these developments demonstrate that REPT BATTERO’s global strategy extends far beyond exports. The company is building local presence, local partnerships and long-term capabilities designed to support customers worldwide.

Building a Global Brand

As technology, products and services enter global markets, another challenge emerges: building recognition and trust.

This is one of the reasons behind REPT BATTERO’s partnership with Inter Milan.

Announced in May 2026, the collaboration goes beyond traditional sponsorship. It includes brand campaigns, fan engagement initiatives, customer experiences and future activations across international markets.

For REPT BATTERO, the partnership represents a new approach to global brand building.

Historically, battery companies have communicated primarily through technical specifications, product performance and manufacturing capabilities. While these remain essential, global audiences increasingly connect with brands through stories, experiences and shared values.

Football provides a unique platform for that connection.

With one of the largest fan bases in world football, Inter Milan offers a global stage that transcends language, geography and culture. Through the partnership, REPT BATTERO aims to engage customers and communities in a more accessible, international and human-centered way.

The goal is not simply to increase visibility. It is to help a broader audience understand the innovation, ambition and long-term vision behind the company.

Youth Is About Agility, Not Image

Founded in 2017 and entering production just one year later, REPT BATTERO remains a relatively young company by industry standards.

Yet its development has been remarkably rapid.

The company became one of the fastest battery manufacturers in the industry to surpass RMB 10 billion in annual revenue. Since then, it has continued evolving—from rapid expansion to profitability, from domestic growth to international development, and from product exports to global brand building.

At REPT BATTERO, being young is not about image. It is about agility.

It means responding quickly to changing market conditions, adapting to customer needs and continuously improving across products, operations and organization.

Whether addressing growing demand for residential energy storage in Europe, preparing for emerging battery passport requirements, or navigating an industry increasingly focused on profitability and sustainable growth, REPT BATTERO has consistently demonstrated its ability to adapt and execute.

This combination of innovation, responsiveness and global ambition continues to shape the company’s identity as it enters its next stage of development.

See You in Munich

From SNEC in Shanghai to Intersolar Europe in Munich, the interaction between REPT BATTERO and INTER MILAN continues.

Yet the company’s story is about more than exhibitions or celebrity appearances. It is about the evolution of a young energy company building the capabilities, partnerships and brand needed to compete on a global stage.

This June, as the FIFA World Cup captures the attention of football fans around the world, REPT BATTERO will welcome an Inter Milan legend to its booth at Intersolar Europe in Munich.

When a player who once stood at the pinnacle of world football walks into the booth of a young Chinese energy company and exchanges handshakes and conversations with customers and partners from across the globe, the moment represents something larger than a partnership.

It reflects how far REPT BATTERO has come—and where it is heading next.

From a fast-growing battery manufacturer to an increasingly global energy brand, REPT BATTERO’s journey is still being written. And perhaps, that scene in Munich will be one of its most meaningful chapters yet.

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