News on Medial

Related News

Dhan appoints Angel One’s Ketan Shah as CEO of omni channel biz

EntrackrEntrackr · 1m ago
Dhan appoints Angel One’s Ketan Shah as CEO of omni channel biz
Medial

Dhan appoints Angel One’s Ketan Shah as CEO of omni-channel biz. Shah joins Dhan’s leadership team to build and scale its omni-channel business and distribution of investing and trading products and other financial services. Stock trading platform Dhan has announced the appointment of Ketan Shah as Chief Executive Officer (CEO) of Omni Channel Business. Shah brings over 25 years of rich experience in the stock broking industry, covering business, technology, distribution, revenue, and strategy. He joins Dhan’s leadership team to build and scale its omni-channel business and distribution of investing and trading products and other financial services. Before joining Dhan, Shah was a key contributor at Angel One (formerly Angel Broking) for over 25 years. He was involved in its early journey, transformation into a digital business, public market listing, and scale-up to become one of the top 3 broking platforms in India. Most recently, he served as Chief Strategy Officer and Board Member at Angel One. Headquartered in Mumbai, Raise Financial Services owns and operates several platforms, including Dhan, a stock trading platform for investors and traders; Upsurge, a platform for learning about finance and markets in India; ScanX, which provides market insights and intelligence for public market investors; and FilterCoffee, offering financial media. Founded in January 2021 by Pravin Jadhav, Alok Pandey, Jay Prakash Gupta, and Raunak Rathi, Dhan last raised $22 million in January 2022. BEENEXT, Mirae Asset, 3one4 Capital, and Rocketship.vc are its major investors. The company was reportedly in talks to raise a large round. In September last year, Dhan surpassed Paytm Money to enter the top 10 list, competing in a crowded market alongside players such as Groww, Zerodha, AngelOne, Upstox, Paytm Money, and PhonePe’s Share. As per the latest NSE data, Dhan secured the 9th spot among stock brokers in August, with a 2.15% market share and 1 million clients.

EaseMyTrip appoints new CTO and CMO; approves Rs 514 Cr preferential issue

EntrackrEntrackr · 5d ago
EaseMyTrip appoints new CTO and CMO; approves Rs 514 Cr preferential issue
Medial

EaseMyTrip appoints new CTO and CMO; approves Rs 514 Cr preferential issue Online travel platform EaseMyTrip has announced key leadership changes along with a major fundraise approved by its board. The company has appointed Sankalp Kaul as Chief Technology Officer (CTO), replacing Naimish Sinha, who resigned due to personal reasons. Kaul brings over 18 years of experience in driving digital transformation, ERP integrations, and large-scale technology programmes across the travel and tech sectors. The board also approved the appointment of Manmeet Ahluwalia as Chief Marketing Officer (CMO). With more than 20 years of experience, Ahluwalia has led brand-building and digital-growth strategies, including steering Expedia’s India market entry and scaling operations across regions. Meanwhile, the EaseMyTrip board has approved the issuance of 55.93 crore fully paid-up equity shares worth Rs 514.06 crore on a preferential basis. The shares will be allotted for consideration other than cash, subject to shareholder and regulatory approvals. The issue will be made to seven non-promoter investors including Ashish Begwani, Sunil Jain, Dhankalash Distributors, Divyank Singhal, Levo Beauty, SSL Nirvana Grand Golf Developers, and Javaphile Hospitality. These changes follow earlier leadership reshuffles when co-founder Prashant Pitti stepped down as Managing Director in August 2025 to focus on mentoring startups and other ventures, while Nishant Pitti took over as Chairman and Managing Director and Vikas Bansal became whole-time Director.

Download the medial app to read full posts, comements and news.