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Samunnati appoints former Unilever exec Badri Narayanan as group CEO
VCCircle
·
6m ago
Medial
Samunnati Financial Intermediation Services has appointed Badri Narayanan, a former Unilever executive, as its new group CEO. Narayanan, with over 24 years of experience at Unilever, will succeed Anil Kumar SG, the company’s founder and current CEO. Kumar will now serve as managing director. Samunnati, which supports smallholder farmers, is backed by Accel and Elevar Equity. The company saw a net profit of Rs 21 crore in the financial year ending March 2024.
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Smile Group appoints former AstraZeneca exec to lead healthtech venture studio
VCCircle
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1m ago
Medial
Smile Group has appointed Gagandeep Singh Bedi, former AstraZeneca Pharma India MD, as managing partner to lead its new healthtech venture studio. Bedi brings 25 years of healthcare experience, having worked with firms like Boehringer Ingelheim and Eli Lilly. He significantly contributed to AstraZeneca India's growth and its COVID-19 vaccine response. Smile Group, focused on scaling ventures in high-growth markets, sees AI in healthcare as a booming $50 billion opportunity in APAC.
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Nestle nominates former Amazon exec Manish Tiwary as India MD
VCCircle
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9m ago
Medial
- Nestle has nominated former Amazon India executive Manish Tiwary as the new managing director of its Indian unit. - The proposal is subject to board approval and, if approved, Tiwary will take over the position on August 1, 2025, after the retirement of current MD Suresh Narayanan. - Manish Tiwary recently resigned from his role at Amazon, where he headed the company's India operations. - Prior to his time at Amazon, Tiwary held various positions at Unilever's Indian and Gulf units. - Suresh Narayanan has been with Nestle for over 26 years and was appointed as the chairman of Nestle India in 2015. Before that, he held leadership roles in Nestle operations in the Phillipines, Egypt, and Singapore.
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National Investment and Infrastructure Fund appoints former Actis exec as MD & CEO
VCCircle
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1y ago
Medial
The National Investment and Infrastructure Fund (NIIF) has appointed Sanjiv Aggarwal, former Asia head for energy investments at private equity firm Actis, as its managing director and CEO. Aggarwal will assume his new role on 1 February and take over from interim head Rajiv Dhar. NIIF is a quasi-sovereign fund of the Indian government and focuses on investing in infrastructure and other sectors. Aggarwal's appointment comes after the exit of the former MD and CEO Sujoy Bose, who stepped down in September 2022.
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Infibeam Avenues appoints ex-SBI pension fund MD N Sadanandan as independent director
YourStory
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1y ago
Medial
Indian fintech company Infibeam Avenues has named Narayanan Sadanandan as an independent director. Sadanandan, former MD and CEO of SBI Pension Funds, brings more than 40 years of experience to the role. He will help strengthen the company's governance framework. Sadanandan's appointment is pending shareholder approval. Infibeam Avenues offers digital payment solutions through CCAvenue, as well as payment issuing services and a spend management platform for corporate payments and accounting. The company's net profits rose by 12.2% to INR 209.5 crore ($28 million) for the financial year ended 31 March 2024.
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Good Glamm Group appoints ex-Estee Lauder exec as global president
YourStory
·
1y ago
Medial
Lauren Bloomer has been appointed as the President-International of Good Glamm Group, a direct-to-consumer beauty and personal care conglomerate. She will also join the Board of Wyn Beauty by Serena Williams as the representative for Good Glamm Group. Bloomer previously served as CEO of Becca Cosmetics and held executive positions at Estee Lauder and Clinique. This appointment reinforces Good Glamm Group's plans for international growth and expansion. The company aims to achieve profitability and is preparing for an IPO by the end of October.
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HDFC AMC appoints Harish Narayanan as chief marketing officer and chief digital officer
Money Control
·
1y ago
Medial
HDFC AMC has appointed Harish Narayanan as the chief marketing officer and chief digital officer. Narayanan will be responsible for leading the company's marketing and digital initiatives. With over 17 years of experience, he has previously worked at Upstox as the chief growth officer and Myntra as the chief marketing officer and head of monetization. Narayanan's expertise and innovative approach are expected to be valuable additions to the HDFC AMC team. The company recently extended the term of its MD & CEO, Navneet Munot, by another five years.
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Flipkart’s Shopsy appoints new CEO under wider reorg
The Arc Web
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1y ago
Medial
Prathyusha Agarwal, a former executive at Byju's and Unilever, has been appointed as the CEO of Flipkart's social commerce platform, Shopsy. Agarwal brings over 20 years of experience, including stints at Zee Entertainment, Tata Cliq, Star India, and allOK Tech Support. Shopsy, launched by Flipkart in 2021, focuses on affordable products, particularly in the fashion category. Shopsy's main competitor is Meesho, and Agarwal's hiring comes amidst a larger reorganization at Flipkart, with several executives departing the company.
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Sony appoints former Walt Disney exec to head India business
VCCircle
·
1y ago
Medial
Sony has appointed Gaurav Banerjee, a former Walt Disney executive, as the new chief executive for its businesses in India. Banerjee, who was previously heading content for Disney's streaming platform, Hotstar, and business for its Hindi-speaking TV channels, is set to take on the role in about two months. Sony operates 26 channels in India and offers a streaming service as well. This move comes as Sony seeks a successor for its current India CEO and after the company abandoned a planned merger with Zee Entertainment.
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Ola names Hemant Bakshi as CEO
Inshorts
·
1y ago
Medial
Ola's parent company ANI Technologies has named former Unilever executive Hemant Bakshi as its next CEO, with Bhavish Aggarwal stepping away from his role as the company undergoes streamlining of operations. Bakshi served as Executive Vice President of Unilever Marketplace and Chairman of Unilever Indonesia. He joined Ola and moved back to India around four months ago, NDTV Profit reported.
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Stability AI appoints new CEO: report
Economic Times
·
1y ago
Medial
British AI startup Stability AI has brought on Prem Akkaraju as its new CEO. Akkaraju, the former CEO of Weta Digital, is part of an investor group that includes former Facebook President Sean Parker, which has provided funding to Stability AI to help the struggling company. The new investment could lead to a lower valuation for the firm and may impact the stakes of existing investors. Stability AI had previously announced in May that it was in talks with investors for a significant equity investment.
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