Swiss-Indian food and agri-tech platform Innoterra has announced the appointment of Avinash Kasinathan as Group Co-Chief Executive Officer, effective immediately.

He will work alongside Group CEO Pascal Foehn, who has repositioned the company in the last years towards profitable growth and industry-leading unit economics, Innoterra said in a statement.

Avinash has recently served as the Head of India Businesses at Innoterra and his efforts as the Group Co-CEO will be directed towards driving the company’s next phase of expansion. With Avinash’s appointment, Innoterra is reinforcing its leadership team at a critical juncture, as the company prepares for a potential public listing within the next three years.

Avinash’s appointment as Group Co-CEO signals India’s rising strategic importance in Innoterra’s global growth strategy as both an innovation hub and export base. As India emerges as a critical engine for food innovation, sourcing and sustainable supply chains, the company is reinforcing its commitment to build world-class, tech-driven food ecosystems from this market outward.

Pascal Foehn, Group CEO of Innoterra, said, “Avinash Kasinathan’s leadership will be pivotal as we build on India’s growing strategic importance in our global roadmap, where we see immense potential for innovation, partnerships, and sustainable growth.”

Outlining his priorities, Avinash Kasinathan, Group Co-CEO of Innoterra, emphasized, “This is a defining moment for Innoterra. India is no longer just a sourcing hub — it’s where innovation, infrastructure, and sustainable food systems converge. As Group Co-CEO, my focus will be on cross-leveraging our strengths, accelerating our capital market readiness, while building bold, inclusive growth across circular economies. India’s agri-tech ecosystem, farmer networks, and digital transformation present unparalleled opportunities, and we are committed to making it a cornerstone of Innoterra’s next phase of growth.”

Recently, Avinash had successfully led the strategic acquisition of Fasal’s fresh produce distribution business and the partnership with Milky Mist exceeding $40 million.

Published on June 16, 2025