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Gramophone promotes Navneet Singh Batra as co-founder

EntrackrEntrackr ยท 11m ago
Gramophone promotes Navneet Singh Batra as co-founder
Medial

Agritech startup Gramophone has elevated long-term company executive Navneet Singh Batra to the position of co-founder. Batra brings more than a decade of experience in FMCG and agri industries. In his new role, he will oversee strategic initiatives to boost its market presence and drive growth as well as margin. Batra previously served as Gramophoneโ€™s business head of retail biz. Previously, he had stints at nurture.retail and JioMart. Founded by Tauseef Khan, Ashish Rajan Singh, Harshit G, and Nishant Mahatre, Gramophone offers real-time farm advisory from experts and enables farmers to purchase crop protection, crop nutrition, seeds, implements, and agricultural hardware products. It also provides agronomic information such as weather information, the latest market prices and expense calculator among others. The Indore-based company claims to serve 50,000 villages and works with more than 2 million farmers and retailers. The platform has raised about $20.5 million to date from investors including InfoEdge, Z3 Partners, Asha Impact, and Siana Capital. For the fiscal year ending in March 2023, Gramophoneโ€™s gross revenue grew 75.6% to Rs 316 crore from Rs 180 crore in FY22. The companyโ€™s losses grew 48.7% to Rs 58 crore in FY23 from Rs 39 crore in the previous fiscal year. Last month, crypto exchange CoinDCX elevated Mridul Gupta as its founding partner.

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Unacademy elevates Arooshi Singh as Head of HR

EntrackrEntrackr ยท 8m ago
Unacademy elevates Arooshi Singh as Head of HR
Medial

Edtech company Unacademy is undergoing several high-level appointments. In the latest development, Arooshi Singh has been promoted from Director of People Experience and Culture to Chief People Officer at the Bengaluru-based firm. โ€œIโ€™m thrilled to share that Arooshi Singh, who has been with us for over seven incredible years, is being promoted to Head of HR,โ€ said Gaurav Munjal, CEO and co-founder of Unacademy, in a Slack message to employees on Monday, as reviewed by Entrackr. Singh will replace Sandhydeep Purri, who was appointed as Chief People Officer of the SoftBank-backed company in November 2023. Arooshi led multiple functions across HR functions at Unacademy. She joined the company as a junior staff member for employee wellness. This marks the third promotion announced by the Munjal-led company in 2024. In January, Jagnoor Singh was elevated to Chief Operating Officer (COO) for Unacademy Centres, and last month, Abhishek Pipara was promoted to Chief Financial Officer (CFO) for the offline business. In the past year, Unacademy has also seen several senior leadership exits, including a co-founder. In August 2023, Chief Operating Officer Vivek Sinha resigned, followed by Group CFO Subramanian Ramachandran in October, and co-founder and CTO Hemesh Singh in June. Last month, Unacademy also disclosed its financial numbers for the fiscal year ending March 2024. While the companyโ€™s revenue remained flat for the said fiscal year with Rs 988 crore, it managed to reduce its losses by a whopping 62%.

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