
IIFL Home Loans has announced the appointment of Aarti (Marwaha) Upadhyay as its new Chief Human Resources Officer (CHRO). Bringing nearly 20 years of experience in HR strategy, talent management, and organizational development, Aarti will lead the company’s human capital agenda, focusing on building strong talent pipelines, driving employee engagement, and supporting the company’s growth ambitions with a people-first approach.
Aarti joins IIFL Home Loans after serving as Chief People Officer at Devyani International Limited, where she oversaw HR operations for leading brands such as KFC, Pizza Hut, Costa, Vaango, and Airports. In this role, she was instrumental in designing and implementing people strategies that supported business expansion and enhanced workforce capability across diverse formats.
Prior to her tenure at Devyani International, Aarti was Head of Human Capital – Offline Business at Lenskart.com, where she played a pivotal role in scaling teams and enabling rapid organizational growth. She also spent more than a decade at Walmart India, rising through progressively senior HR roles to become Vice President – Human Resources. During her time there, she led key initiatives across talent acquisition, business partnering, diversity and inclusion, and leadership development.
Her professional journey also includes senior HR roles at Religare, Jindal Steel Ltd., and Reliance Communications, giving her a strong understanding of human resources across industries and organizational sizes. With expertise in HR strategy, employee engagement, post-merger integration, diversity & inclusion, and large-scale organizational transformation, she has built a track record of aligning human capital programs with business outcomes.
At IIFL Home Finance, Aarti takes on the mandate of strengthening the HR function and embedding a culture of innovation, collaboration, and inclusivity. Her focus will be on designing programs that nurture leadership, enhance employee experience, and create a robust talent ecosystem to support the company’s growth journey.
This appointment underscores IIFL Home Loans’ commitment to prioritizing people and culture as key levers for business success, positioning the company for continued growth in India’s housing finance sector.




