RoofandFloor appoints Cognizant Vice Chairman Lakshmi Narayanan as an Independent Director on the Board

RoofandFloor.com, the online real estate marketplace of The Hindu Group, has

appointed Vice-Chairman and former CEO of Cognizant Technology Solutions, Lakshmi Narayanan as an Independent Director on the Board of Directors. Lakshmi brings in over 25 years of global information technology and executive experience to RoofandFloor, which aims to build India’s best home buyer centric Real Estate internet platform. Kasturi & Sons Ltd. CEO, Rajiv Lochan, Kasturi & Sons Ltd. Directors K. Balaji and K. Venugopal are the other members of the Board. Lakshmi Narayanan has been a leader in the global information technology industry for more than two decades with a firm conviction that digital technology will be the pre-eminent driver of growth in all sectors of global economy. As co-founder of Cognizant, Mr. Narayanan had a key role in building Cognizant and its customer-centric culture. He is actively involved in promoting entrepreneurship and has over 20 investments in start-ups, mainly in technology ventures. Education and entrepreneurship are his areas of focus besides evangelizing Digital Transformation of business in traditional Indian industries. He is an active member of TiE (was in the Global Board), The Chennai Angels and the NASSCOM 10,000 Start-ups Program. On his appointment to the board of KSL Digital Ventures, Mr. Narayanan said, “I am very happy to know that KSL is not just transforming its media business for a digital future, but also has a vision and strategy to expand, digitally, into adjacent areas of its core business. One such example is RoofandFloor, which is an eco-system by itself, built around a high-performing and scalable platform. It combines its traditional newspaper real estate advertisements and promotions with digital technology to deliver a unique experience to home buyers.” Mr. Narayanan further added, “A home-buyer centric platform that delivers an unparalleled buying experience to homebuyers and unmatched value to developers is the cornerstone of RoofandFloor strategy. I am excited to join the board and look forward to guiding the growth of the business and the young and energetic team at RoofandFloor.” “Lakshmi is a role model for all those who aspire to build scalable global businesses out of India. His rich experience on the technology and business front will be a huge value add, as we build India’s best home-buyer centric platform in RoofandFloor. We look forward to working with him very closely,” said Gowri Shankar, CEO and Co-founder of RoofandFloor. “Lakshmi is a globally recognized and respected corporate leader. He has helped build Cognizant into one of the world’s most respected customer-centric organizations. He will bring immense value to RoofandFloor board particularly as we set out to build a home-buyer centric real estate platform. We are deeply honoured to welcome him to our board.” said K Venugopal, Director. K. Balaji, Director said, “We are delighted to welcome Lakshmi to The Hindu Group and RoofandFloor. His illustrious track record across business /technology and his strong value system make him an ideal choice to guide RoofandFloor in its journey of becoming India’s leading home-buyer centric real estate internet company.” About RoofandFloor RoofandFloor helps home buyers realize their dream by delivering Content, Community and Commerce on a single platform. We combine technology and human touch to deliver an end-to-end service from discovery to possession and beyond for buyers of new properties. Our market leading innovations that include TruePrice™ and TrueLegal ensure that buyers have the most transparent information when it comes to home buying. RoofandFloor is part of KSL Digital Ventures, a wholly owned subsidiary of The Hindu Group, bringing with it 138 years of heritage and trust.