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News on Medial
Flipkart’s Ravi Krishnan exits after decade-long stint across product, labs and category leadership
YourStory
·
1m ago
Medial
Flipkart's Head of Product, Ravi Krishnan, has exited the company after a decade-long tenure, announcing his departure on LinkedIn. Krishnan held various leadership roles, contributing significantly to AI, appliances, and Flipkart Labs. His responsibilities included developing new business initiatives, such as automotive sales and recommerce, and enhancing user experience through AI-driven shopping solutions. His departure follows recent executive changes at Flipkart, which is expanding efforts in quick commerce, AI, and fintech.
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Flipkart's CPTO and VP of Ads step away amid broader reshuffle
YourStory
·
5m ago
Medial
Flipkart is experiencing significant leadership changes with the departure of two senior executives. Sandeep Karwa, Vice President for Ads, announced his exit after over a decade with the company. Simultaneously, Chief Product and Technology Officer Jeyandran Venugopal is leaving due to personal reasons, transitioning out over the next three months. These changes follow a series of high-level exits, marking an ongoing reshuffle within the company. CEO Kalyan Krishnamurthy acknowledged their contributions in a memo.
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Myntra's CPTO Exits, Second Leadership Departure in Two Months
OutlookIndia
·
3m ago
Medial
Myntra's Chief Product and Technology Officer (CPTO), Raghu Krishnananda, has resigned after five years to pursue new ventures. Until a new CPTO is appointed, his team will report to CEO Nandita Sinha. This marks the second leadership departure from a Flipkart-owned company in two months, after Flipkart’s CPTO, Jeyandran Venugopal, left earlier. Krishnananda's responsibilities included leading business intelligence, design, product management, IT, and security at Myntra.
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Premji Invest saw three long-term partners leaving firm this year
Economic Times
·
1y ago
Medial
Premji Invest, the private investment arm of billionaire Azim Premji, has seen the exit of three of its four long-term partners in 2023. The most recent was Rajesh Ramaiah in August after a 13-year stint with the firm. The exits are part of the firm's strategy to have partners rotate after approximately 15 years and the completion of three funds. The investment firm has made investments in companies like Lenskart, Fabindia, TVS Credit Services, and FirstCry.
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Myntra CPTO Raghu Krishnananda Departs After 5 Years at the Start-Up
OutlookIndia
·
3m ago
Medial
Raghu Krishnananda, Myntra's Chief Product and Technology Officer (CPTO), has resigned after a five-year tenure to explore new opportunities outside the company. Until a new CPTO is appointed, his direct reports will directly report to Myntra CEO Nandita Sinha. Krishnananda's departure marks the second leadership exit from a Flipkart-owned company in two months, following the exit of Flipkart’s CPTO Jeyandran Venugopal. Krishnananda led technology and product functions at Myntra.
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Trump has found great talent: Zoho’s Sridhar Vembu applauds Sriram Krishnan's appointment
YourStory
·
7m ago
Medial
Sriram Krishnan has been appointed as the Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy. The CEO of Zoho Corporation, Sridhar Vembu, has applauded this appointment, noting Krishnan's talent and experience in leading product and engineering teams at tech firms like X, Meta, and Snap. President-elect Donald Trump announced that Krishnan will work closely with David Sacks, the newly appointed White House AI and Crypto Czar, to shape and coordinate AI policies across the US government. Krishnan had previously worked at venture capital firm Andreessen Horowitz for four years.
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Peepul Capital, Ventureast missing the mark in exit from legacy bets
VCCircle
·
3m ago
Medial
Peepul Capital and Ventureast, investment firms, are exiting a company they backed over a decade ago, achieving over two-fold gains but with weak annualized returns due to long holding periods. The firms' investment strategy involved a lengthy commitment, impacting the overall annual performance despite solid returns. Such exits highlight challenges private equity and venture capital firms face in balancing long-term holding strategies with market performance goals.
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Everstone scripting $350 mn exit from a decade-old India bet
VCCircle
·
10m ago
Medial
Everstone Capital, a Singapore-based private equity firm, is set to exit a decade-old investment in India worth $350 million. The firm has been actively making successful exits from various companies recently and is now reaping the rewards from another long-term bet. Everstone Capital has a strong focus on the Indian market and has been achieving profitable exits from its investments. This latest exit is another testament to the firm's investment expertise and success in the Indian market.
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NASSCOM onboards Sap Labs India MD Sindhu Gangadharan as Vice Chairperson
IndianStartupNews
·
1y ago
Medial
The National Association of Software and Service Companies (NASSCOM) has appointed Sindhu Gangadharan, Senior Vice President and Managing Director of SAP Labs India, as its Vice Chairperson. She also holds the position of Chairperson of the Nasscom GCC Council 2023-25. Gangadharan, known for her human-centric approach to technology, will contribute her extensive technology and corporate leadership experience to India's TechAde initiative. She is the first woman to lead SAP Labs India, the largest global R&D center for SAP, overseeing product development and innovation across multiple Indian centers.
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Shardeum facing a leadership exodus amid launch delay
Economic Times
·
4m ago
Medial
Shardeum, a blockchain product by WazirX founder Nischal Shetty, has experienced significant leadership departures, with over a dozen exits since 2024 and its blockchain launch delayed by nearly two years. Notable exits include Grey Hemmer, H Swaminathan, Ricky Bharti, and Yash Jhade. Most departing employees had joined in 2022 and exited between June and November 2024. Despite these challenges, Shardeum claims its employee churn rate remains within the industry average.
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Ice Popsicle Brand Skippi Nets Funding From Hyderabad Angel Network, Venture Catalysts, Others
Inc42
·
1y ago
Medial
SKIPPI Ice Pops, a Hyderabad-based startup, plans to allocate funds to branding and marketing (40%), working capital (30%), hiring leadership team (10%), and new product development (20%). In 2022, Skippi received investments from all six sharks on Shark Tank India Season 1. The startup, founded by Ravi and Anuja Kabra in 2021, offers popsicles, cream rolls, and cornsticks through an omnichannel retail model.
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