Meta Materials Circular Markets (MMCM), an Indian circular economy solutions platform, has appointed Prasad S. Shetty as Chief Financial Officer (CFO) as the company strengthens its leadership team to support its next phase of growth.
Shetty is a Chartered Accountant with more than 13 years of experience across finance, financial strategy, taxation, governance, financial controls and business partnering.
Before joining MMCM, Shetty served as Associate Director – Finance at Freight Tiger, a Tata Motors-backed logistics technology company. In the role, he worked with the senior finance leadership team on financial planning, management reporting, taxation, working capital, governance and process improvement.
Earlier, at BARC India, Shetty handled taxation, financial reporting and audits while working to strengthen financial controls and operational efficiency. At Allcargo Logistics, he was involved in the group’s GST implementation, including compliance framework development, tax process transformation and nationwide rollout.
Shetty joins MMCM at a key stage in the company’s expansion across India’s circular economy market. His appointment is expected to strengthen the company’s focus on financial discipline, governance and long-term value creation.
MMCM is expanding its operations across areas including carbon credits, Extended Producer Responsibility (EPR) frameworks and digital Measurement, Reporting and Verification (MRV) systems.
The appointment of Shetty as CFO is aimed at building the financial and governance capabilities required to support MMCM’s continued growth and expansion in India’s evolving circular economy ecosystem.
Speaking on the appointment, Nitin Chitkara, CEO at MMCM, said, “As India’s circular economy and carbon markets ecosystem enters a more active and consequential phase, it is critical that we build a leadership team equipped to match that momentum. Prasad brings deep financial and governance expertise across high-growth, complex businesses, and his experience will be invaluable as we scale our operations, strengthen our financial discipline and continue building credible, high-integrity market infrastructure. This appointment is an important step in future-proofing our leadership as we prepare for our next phase of growth.”
Commenting on his appointment, Prasad S Shetty, CFO at MMCM, said, “I am excited to join MMCM at a pivotal time for India’s circular economy and carbon markets. The opportunity to build robust financial foundations for a company that sits at the intersection of sustainability and innovation is one I am truly looking forward to. I look forward to working closely with the leadership team to drive financial discipline, strengthen governance and partner across the business to support MMCM’s long-term growth and value creation.”
As the CFO, Shetty will lead the finance function, playing a strategic role in shaping the company’s financial direction, driving financial discipline and partnering with key stakeholders to support sustainable growth.
Meta Materials Circular Markets (MMCM) is India’s pioneering circular economy solutions platform, enabling data-driven sustainability across the automotive ecosystem. By integrating carbon credits, EPR frameworks, and digital MRV systems, MMCM is accelerating the nation’s transition towards cleaner, circular mobility and sustainable material recovery.
