Devika KapoorChief Technology Officer

Devika Kapoor · Chief Technology Officer · India

Six roles that each moved closer to the vehicle

Apr 2021 — Present

Chief technology officer

Malvaneer Coachways

Sector
Intercity sleeper and seater coach services with parcel carriage
Ownership
Family-promoted private company; private-equity minority investor since 2022
Company scale
₹612 crore revenue in the year ended March 2026
Employees
About 3,900, including 1,520 drivers and co-drivers
Geography
Indore headquarters; 146 routes across five states of central and western India
Reporting to
Managing director; presents quarterly to the board and reports to its audit and risk committee
Team
84 people (61 employees and 23 contractors) through five managers
Financial scope
₹34 crore technology budget for 2026–27: ₹21 crore running costs and ₹13 crore projects

Mandate

Replace paper crew records and an ageing booking engine without interrupting nightly departures, and make fleet and parcel data reliable enough for pay, compliance and board decisions.

Outcomes

  • Location gaps reduced from 17 to 2.6 per cent of trip-hours across the fleet
  • Crew handheld deployed on all 418 coaches; seat conflicts reduced from about 310 to 18 a month
  • Parcel counter platform live in six months for ₹2.1 crore; document detentions down from 23 to three a year
  • 41,600 seats sold on the busiest day after Diwali 2025 with no booking outage

Decisions in context

This is the first role in which I answer for the whole technology function rather than one product. Malvaneer had grown through its sleeper services and family relationships, and its systems reflected that history: a twelve-year-old booking engine, paper crew records and tracking units bought by three different teams. I report to Siddhant Rathvekar, the managing director, and lead five managers. Since the investor joined in 2022 I have presented quarterly to the board and reported to its audit and risk committee on availability, cyber exposure and vendor dependence. I do not set fares, plan routes or decide driver fitness. The three cases on this site come from this role, and each altered a rule that operations or revenue colleagues had relied upon. I made sure those colleagues saw the evidence before they were asked to accept the change.

Reason for the move

Current role; preparing for a first independent directorship alongside it, subject to the managing director's consent.

Feb 2017 — Mar 2021

Head of engineering

Kheralink Freight

Sector
Digital full-truckload freight matching and telematics subscriptions for small fleet owners
Ownership
Venture-backed private company; two institutional investors with board nominees
Company scale
₹214 crore of freight booked through the platform in 2020–21; ₹27 crore net revenue
Employees
About 260 at period end
Geography
Ahmedabad headquarters; lanes across Gujarat, Maharashtra, Rajasthan and Madhya Pradesh
Reporting to
Co-founder and chief executive; presented to the board on reliability and data protection
Team
46 engineers through four leads by 2020
Financial scope
₹9.5 crore annual engineering budget, including cloud and device costs

Mandate

Build the load-matching platform, driver application and proof-of-delivery capture, and turn a pilot telematics product into a paid subscription.

Outcomes

  • Proof-of-delivery capture adopted by 7,200 registered truck owners and drivers
  • Telematics subscription grown to 3,100 trucks among owners with fewer than ten vehicles
  • Average time from delivery to proof received cut from six days to under one

Decisions in context

Kheralink taught me what small fleet owners will tolerate from software. Many of them ran three or four trucks, shared one phone among several drivers and judged an application by whether it helped them get paid sooner. I reported to Parth Ambavade, the co-founder, and built the team from eleven engineers to 46. Proof of delivery mattered most: a photographed, time-stamped receipt shortened payment cycles and reduced disputes with shippers. Telematics was harder. A product decision made before my arrival smoothed device gaps on the customer's map, and I reversed it after a shipper relied on a smoothed route in a damage claim. Presenting to a board with investor nominees was new to me. I learnt to bring the reliability figures I would rather not show, together with what we were doing about them.

Reason for the move

The freight business was sold to a larger logistics group in early 2021; I chose to lead technology at an asset-owning operator rather than move with it.

Jul 2012 — Jan 2017

Engineering manager, field and delivery applications

Durvanta Express

Sector
Express parcel and document delivery
Ownership
Private-equity-backed private company
Company scale
Approximately ₹740 crore annual revenue at period end
Employees
About 6,200, including 3,800 delivery staff
Geography
Mumbai headquarters; 410 branches across India
Reporting to
Head of information technology
Team
18 engineers and testers
Financial scope
Delivery handheld application and a ₹6 crore device-replacement programme

Mandate

Replace paper delivery runsheets with a handheld application that works through a full shift without a connection.

Outcomes

  • Handheld application rolled out to 3,800 delivery staff across 410 branches
  • Cash-on-delivery reconciliation differences reduced by about half within a year
  • Offline conflict rules agreed with branch managers and published in local languages

Decisions in context

The scale at Durvanta was unlike anything I had handled. Thousands of couriers would use our application every day, and most had never used a smartphone for work. I reported to the head of information technology and led eighteen engineers and testers. We designed for a full shift without a connection, which meant deciding in advance how conflicting changes would be settled when a courier and a branch clerk edited the same consignment. I insisted those rules be agreed with branch managers and printed in the languages couriers actually read. Cash on delivery was the hardest workflow, because an unrecorded collection could look like theft. Recording every collection on the device roughly halved reconciliation differences. I also learnt to budget for devices that are dropped, lost and charged in vehicles, which is now part of every crew technology plan I write.

Reason for the move

Joined a freight-matching platform to build a product used by independent fleet owners rather than employees.

May 2007 — Jun 2012

Senior software engineer, later technical lead, transport systems

Ashvetra Infotech

Sector
IT services for transport operators and distributors
Ownership
Privately held, founder-owned
Company scale
Approximately ₹96 crore annual revenue at period end
Employees
About 1,100 at period end
Geography
Pune headquarters; clients in western and central India
Reporting to
Delivery manager, transport practice
Team
Technical lead for nine engineers from 2010
Financial scope
Depot, ticketing back-office and cash reconciliation projects for bus operators

Mandate

Build and support depot and cash reconciliation systems for public and private bus operators.

Outcomes

  • Delivered depot back-office systems for eleven bus operators
  • Redesigned a reconciliation report to show how each total was derived
  • Reduced month-end support tickets on one large deployment by around 40 per cent

Decisions in context

Ashvetra moved me from devices to databases. I joined as a senior software engineer and became technical lead of a nine-person team in 2010. Our clients were bus operators, some public and some private, who needed depot systems to reconcile ticket sales, cash deposits and fuel issues. I spent more time in depots than in our Pune office, because the people using the system were cashiers and depot managers rather than head-office analysts. I watched a reconciliation report become evidence in a dispute between a conductor and a cashier, and realised that a total without its derivation could unfairly accuse someone. We redesigned the report to show every component of each figure. Services work also showed me the limits of a contractor: we could recommend changes to an operator's process, but the operator decided. I wanted to sit on the deciding side.

Reason for the move

Moved to an operating company to own a product used every day by field staff.

Aug 2003 — Apr 2007

Embedded software engineer

Telvarika Devices

Sector
Vehicle-tracking units and fleet monitoring software
Ownership
Privately held company
Company scale
Approximately ₹38 crore annual revenue at period end
Employees
About 180 at period end
Geography
Pune; customers across India
Reporting to
Head of engineering
Team
Six-person firmware group; no direct reports
Financial scope
Firmware for two tracking-unit models

Mandate

Write and maintain tracking-unit firmware, particularly its behaviour without mobile coverage.

Outcomes

  • Designed position buffering for up to 72 hours without a signal
  • Introduced a confidence flag on positions taken with weak satellite reception
  • Reduced field returns on one model by about a third through power-handling fixes

Decisions in context

At Telvarika I wrote firmware for tracking units sold mainly to truck owners. The work sat close to the hardware: power handling, satellite reception, memory limits and what to transmit first after an hour without coverage. I worked in a six-person firmware group under the head of engineering and had no direct reports. The most useful thing I did was add a flag to positions recorded with weak reception, so that receiving software could treat them with caution. A sales colleague once asked us to hide gaps on customers' maps because they made the product look weak. I declined, and the head of engineering supported me. I also spent days with installers, since a badly installed unit produced faults that no firmware could correct. I left because I wanted to understand how the systems receiving our data actually used it.

Reason for the move

Moved into software services to work on the systems that consume device data.

Jul 2000 — Jul 2003

Graduate engineer trainee, later field service engineer

Ojasvel Electronics

Sector
Handheld electronic ticket machines for private bus operators
Ownership
Family-owned private company
Company scale
Approximately ₹14 crore annual revenue at period end
Employees
About 90 at period end
Geography
Indore; customers in Madhya Pradesh and Rajasthan
Reporting to
Service manager
Team
Five-person field service team; no direct reports
Financial scope
Repair, installation and conductor training for assigned bus operators

Mandate

Keep ticket machines working in service and teach conductors and owners to use them.

Outcomes

  • Supported about 600 machines across 40 bus operators
  • Documented recurring battery and printer failures for the design team
  • Ran conductor training sessions at bus stands across western Madhya Pradesh

Decisions in context

My first employer made the ticket machines conductors carried on private buses. I joined as a graduate engineer trainee and became a field service engineer within a year, reporting to the service manager. Most of my days were spent at bus stands, opening machines that had failed in service and explaining to owners why a day's figures were incomplete. I learnt that most failures were ordinary: a battery charged from an unreliable coach supply, a paper roll loaded badly, a machine dropped in a rush. I wrote those patterns up for the design team, which changed the battery holder on the next model. I also trained conductors, many of whom distrusted a machine that counted their sales. Their questions were fair. That experience made me want to write the software inside the device rather than keep repairing what it failed to record.

Reason for the move

Moved to Pune to write firmware rather than repair the devices that ran it.

What I am looking for next

I intend to remain an executive while taking on a first independent directorship. I am looking for a board in passenger transport, logistics, field services or a technology company serving them, where operations depend on people and devices working away from reliable connectivity. A family-promoted or private-equity-backed company preparing for a listing would suit me, as would a mid-sized listed company with an active risk management committee. I would expect to join a risk or audit committee as a member and contribute on technology, cyber exposure and data protection, without chairing in my first term. I have twenty-four days a year available, subject to the consent of Malvaneer's managing director. I would decline a seat whose main appeal is informal technical advice, because that is consulting under another name. The appointment I want would ask me to judge management's information, including its gaps, alongside directors whose experience differs from mine.