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Flipkart elevates Akash Jain to Marketing Director
Inshorts
·
4m ago
Medial
Flipkart has elevated Akash Jain to Director of Marketing, Head of Media. With nearly seven years at Flipkart, Jain will now oversee digital and ATL media strategies across key verticals, including Flipkart Minutes. His leadership is expected to drive brand positioning, consumer engagement, and innovative marketing strategies in India's competitive e-commerce landscape.
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GyanDhan elevates Aman Jain to co-founder role
Entrackr
·
1m ago
Medial
Education financing platform GyanDhan has elevated Aman Jain to the role of Co-founder. This move acknowledges Aman’s early belief in the company’s mission and his pivotal contributions across marketing, brand building, and strategic growth over the years. Aman now joins Ankit Mehra and Jainesh Sinha as the third co-founder of GyanDhan. Aman joined GyanDhan before the company disbursed its first education loan. He took charge of marketing and branding, helping establish it as a trusted and student-centric name in education financing, transforming an opaque process into a transparent and empowering experience for thousands of students. In recent years, Jain has expanded his role to lead strategic partnerships, building GyanDhan’s B2B ecosystem across more than 30 cities and launching a SaaS+ platform that helps study abroad consultants manage and streamline the loan process for their students. “Being named Co-founder is a deeply meaningful recognition of a journey I’ve been grateful to be part of since the very beginning. Building GyanDhan alongside Ankit and Jainesh has been both fulfilling and inspiring, grounded in trust, shared purpose, and genuine friendship. I’m thankful for their support over the years and look forward to continuing this mission together,” said Aman Jain, co-founder, GyanDhan. Recently, it raised Rs 50 crore (around $5.8 million) in a Series A round from Classplus and Pravega Ventures. The company claims to have enabled over Rs 7,000 crore in loan originations and aims to triple this to Rs 18,000 crore over the next three years. It has seen rapid growth over the past few years. In FY24, the company posted an operating revenue of Rs 21.4 crore along with a profit of Rs 1.36 crore.
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Unacademy elevates Sumit Jain to cofounder status
Economic Times
·
1y ago
Medial
Edtech unicorn Unacademy has promoted Sumit Jain, head of the Graphy division, to the position of partner, akin to a co-founder who joined later. CEO Gaurav Munjal praised Jain's instrumental role in scaling Graphy and likened him to a co-founder. Jain had previously co-founded CommonFloor, later acquired by Quikr, and played a key role in Graphy's growth. Unacademy, founded in 2015, continues to expand its educational offerings.
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Awfis elevates deputy CEO Sumit Lakhani to chief executive officer
Economic Times
·
2m ago
Medial
Awfis appointed Sumit Lakhani as CEO, succeeding Amit Ramani, who remains chairman and managing director. Lakhani, who joined Awfis in 2015 and became deputy CEO in 2022, will oversee operations, sales, marketing, and customer initiatives. Awfis reported significant growth, with a 46% year-on-year increase in operating revenue and a net profit rise to Rs 68 crore for FY25. Ramani praised Lakhani’s business acumen and leadership as key to the company’s success.
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ProcMart elevates Sachin Jain to co-founder
Entrackr
·
2m ago
Medial
ProcMart elevates Sachin Jain to co-founder ProcMart, a B2B marketplace for indirect procurement, has appointed Sachin Jain as co-founder. Sachin Jain joined ProcMart in March 2024 as CFO and CSO, playing a key role in business expansion, financial systems enhancement, and sustainability initiatives, including the acquisition of a green packaging facility in Aurangabad. Before joining ProcMart, Sachin Jain served as the CFO at Mahle Anand Filter Systems, where he managed finance, tax, and IT operations. He also held the position of Senior Vice President of Finance at the Anand Group. As co-founder, he will work alongside founder & CEO Anish Popli to drive growth, strengthen customer relationships, and scale operations across supply chain, product development, and finance. Founded in 2015, ProcMart provides supply chain solutions and infrastructure to businesses including services such as purchase order management, contract administration, master data management, e-catalog management, and market intelligence. The company has raised $43 million to date, including a $30 million Series B round led by the Fundamentum Partnership and Edelweiss Discovery Fund. Its existing investors also include IndiaMART. ProcMart’s gross revenue shot up over 200% to Rs 621.5 crore in FY24 when compared to Rs 206.07 crore in FY23. The company remained profitable during FY24.
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Angel One appoints BharatPe's Nishant Shah as CBO for affiliate channels, Ravish Sinha as CPTO
IndianStartupNews
·
1y ago
Medial
Angel One, an online stockbroking firm, has appointed Nishant Jain as Chief Business Officer (CBO) for Affiliate Channels and Ravish Sinha as Chief Product and Technology Officer (CPTO). Nishant will focus on collaborative alliances with stakeholders and strategic growth of the assisted channel, while Ravish will shape the product vision, strategy, design, engineering, and marketing while supervising the complete product lifecycle. Both bring extensive experience from startups and major corporations, with Nishant's background including roles at BharatPe, Zomato, and Coca-Cola, and Ravish having held positions at Flipkart and Yahoo.
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Globalbees CEO Nitin Agarwal resigns, Anuj Jain takes over
Entrackr
·
3m ago
Medial
Globalbees CEO Nitin Agarwal resigns, Anuj Jain takes over According to a regulatory filing, Agarwal officially ceased to be a director of Globalbees and a senior management personnel of Brainbees Solutions as of April 24. Brainbees Solutions Limited, the parent company of FirstCry, has announced a key leadership change at its subsidiary, Globalbees Brands Private Limited. Nitin Agarwal, who served as the CEO and director of Globalbees Brands, has stepped down from his role due to personal reasons. According to a regulatory filing, Agarwal officially ceased to be a director of Globalbees and a senior management personnel of Brainbees Solutions as of April 24. He will, however, support transition activities until May 23, 2025. Stepping into the role is Anuj Jain, who has been appointed as the new CEO of Globalbees Brands and designated as a senior management personnel of the company. Jain currently serves as the chief business officer (CBO) of FirstCry’s pre-school segment and senior vice president of marketing. A part of the company’s leadership team since July 2012, Jain brings over 23 years of industry experience, having previously worked at ITC and L'Oréal. E-commerce roll-up firm GlobalBees last raised $18 million in a debt round from Avendus in February 2024. To date, the company has secured over $270 million in funding, including a $111 million Series B round in December 2021, which propelled it to unicorn status. In FY24, the FirstCry group recorded a 15% year-on-year increase in revenue from operations to Rs 6,481 crore, with GlobalBees contributing Rs 1,209 crore to the group’s total revenue.
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TAC Infosec Elevates Saransh Rawat to CTO; Vishal Jain Quits As CFO
Inc42
·
11m ago
Medial
Saransh Rawat has been promoted to the role of Chief Technology Officer (CTO) at the company, highlighting its focus on AppSec and InfoSec. Rawat previously served as the Information Security Analyst and Manager for Application Security at TAC Infosec. Additionally, Vishal Jain has stepped down as the Chief Financial Officer (CFO) for personal reasons.
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Lenovo elevates Priya Tikare as director and head of HR
Economic Times
·
1y ago
Medial
Lenovo India has appointed Priya Tikare as the Director and Head of Human Resources. In this role, she will oversee all HR functions for the India business and lead innovation within the talent management ecosystem. Tikare will focus on developing programs and systems to empower employees, foster collaboration, and enhance productivity. Previously, she served as the Global HR Director for Lenovo's international services support and Asia Pacific talent acquisition leader. Lenovo aims to create more job opportunities as part of its investment plan for the region, including over 1,000 technical jobs in the coming years.
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Flipkart names Anuj Rathi as Cleartrip CEO
Economic Times
·
1y ago
Medial
Anuj Rathi has been appointed as the new CEO of Cleartrip, the travel booking unit of Flipkart. Rathi previously worked at Flipkart and most recently served as the chief product and marketing officer at Jupiter. Meanwhile, Prabh Simran Singh, senior vice president of customer growth and retention, marketing and ads, and Sankalp Mehrotra, vice president of monetization, are expected to leave Flipkart. The company has been experiencing a series of senior management changes recently, as it focuses on profitability and prepares for a possible IPO.
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Mamaearth-parent elevates Karan Bajwa and Avinash Dhagat to CXO roles
Entrackr
·
3m ago
Medial
Honasa Consumer Limited, the parent company of personal care brand Mamaearth, has announced the elevation of two of its senior executives to top leadership positions, effective April 24. Karan Bajwa, who has been serving as Senior Vice President – Human Resources, has been promoted to Chief Human Resources Officer (CHRO). Meanwhile, Avinash Dhagat, formerly Senior Vice President – Supply Chain, has been elevated to Chief Supply Chain Officer (CSCO). With these promotions, both Bajwa and Dhagat are now designated as senior management personnel of the company. Bajwa joined Honasa in April 2021 and brings experience from leading companies such as Airtel and Reckitt. Dhagat, also with Honasa since April 2021, has previously held key roles at L’Oréal, Supermax, and Ashok Leyland. The development comes soon after the resignation of Anuja Mishra as Chief Marketing Officer (CMO) of Honasa. According to the circular filed by Honasa earlier this month, Varun Alagh, CEO and whole time director of the company, will be the interim charge of CMO. In Q3 FY25, Mamaearth returned to profitability with Rs 26 crore profit after tax and 5.9% YoY increase in its revenue to Rs 517 crore from Rs 488 crore in Q3 FY24.
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