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Daman Soni joins AstroTalk after exit from GlobalBees

EntrackrEntrackr · 11m ago
Daman Soni joins AstroTalk after exit from GlobalBees
Medial

Daman Soni joins AstroTalk after exit from GlobalBees Daman Soni, former President and Chief Business Officer of e-commerce roll-up company GlobalBees, has joined AstroTalk as CBO (e-commerce), sources familiar with the development told Entrackr. At GlobalBees, Soni played a key role in scaling the company’s business operations and driving marketing efforts for its portfolio brands. Notably, GlobalBees achieved unicorn status during his tenure. Prior to GlobalBees, Soni served as Vice President of the Growth division at boAt. He also had brief stints at WeCash, Milkbasket, and MobiKwik. According to sources, Daman Soni is overseeing AstroTalk’s e-commerce and direct-to-consumer (D2C) business. The Noida-based firm launched the Astrotalk Store late last year, offering gemstones and healing stones that astrologers charge with ‘positive mantras and chants.’ The company is now aiming to reach Rs 100 crore in annual recurring revenue (ARR) this month. Confirming the development to Entrackr, ⁠Anmol Jain, Cofounder & CBO, Astrotalk said, "We are thrilled to welcome Damandeep Singh Soni as the head of our e-commerce vertical. After building a Rs 1400+ crore ARR business in astrology consultations, our customers expressed a growing need for a trusted source for all their spiritual product purchases. With Daman’s extensive experience in scaling e-commerce businesses, we are confident and bullish about transforming this vertical into another Rs 1,000 crore ARR business in the coming years." AstroTalk, which is also planning an initial public offering in a year or two, elevated Anmol Jain to co-founder in late 2023 and appointed former Google executive Siddharth Prakash as Chief Technical Officer (CTO) in November 2023. AstroTalk saw strong growth in FY24, with revenue soaring 2.3X to Rs 651.12 crore and profit jumping 11.8X to Rs 99.99 crore. The firm aims to double revenue to Rs 1,250 crore in FY25 and targeting an operating profit of Rs 230-250 crore.

Paytm appoints Deependra Singh Rathore as new CTO, as Dhody transitions to AI Fellow

YourStoryYourStory · 1y ago
Paytm appoints Deependra Singh Rathore as new CTO, as Dhody transitions to AI Fellow
Medial

- Paytm has appointed Deependra Singh Rathore as its new Chief Technology Officer for Payments, replacing Manmeet Singh Dhody. - Deependra Singh Rathore has been with Paytm and its associate company, Paytm Payments Bank Limited since January 2016. - Rathore is currently the Senior Vice President - Technology and drives AI-led strategic initiatives at Paytm. - During his tenure at Paytm, Rathore has been responsible for building and enhancing payments technology, including online payment gateway, QR payments, and card payments. - The appointment of Rathore comes as part of Paytm's plans to revamp its senior leadership team following recent high-level departures. - Manmeet Singh Dhody, the former CTO for Payments at Paytm, has transitioned to the role of "AI Fellow".

Myntra appoints former Instacart executive Pramod Adiddam as CTO

EntrackrEntrackr · 20h ago
Myntra appoints former Instacart executive Pramod Adiddam as CTO
Medial

Myntra appoints former Instacart executive Pramod Adiddam as CTO Flipkart-owned fashion ecommerce platform Myntra has appointed Pramod Adiddam as its chief technology officer (CTO), strengthening its senior leadership as the company scales its platform and expands into quick commerce. According to Myntra, Adiddam will oversee its overall technology strategy, including platform innovation, long-term scalability, and engineering capabilities to support the company’s growth. He will report to Myntra chief executive officer Nandita Sinha. The development comes nearly a year after Myntra’s former chief technology and product officer, Raghu Krishnananda, stepped down in April 2025 after a five-year stint. Adiddam brings over two decades of experience in building and operating large consumer-facing platforms. He has previously held senior engineering leadership roles at Google and Instacart, where he led global teams across platform development, marketplace expansion, and product innovation. His experience includes architecting large-scale commerce systems and scaling multi-billion-dollar marketplace engines. Adiddam said that Myntra has built a strong technology platform with a focus on rigour, scale, and customer orientation, and that his focus would be on deepening the company’s overall tech capabilities to support long-term growth. The CTO appointment marks Myntra’s second senior leadership hire this year. Last month, the company appointed Ritesh Mishra as senior vice-president and head of category and revenue. Myntra crossed the Rs 6,000 crore revenue mark in the fiscal year ending March 2025, while its profit after tax (PAT) surged 18 times during the same period. The company’s revenue from operations grew by 18% to Rs 6,042.7 crore in FY25 from Rs 5,121.8 crore in FY24.

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