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Honasa appoints Flipkart’s Yatish Bhargava as CBO

Entrackr

Entrackr · 1m ago

Honasa appoints Flipkart’s Yatish Bhargava as CBO

Honasa appoints Flipkart’s Yatish Bhargava as CBO Honasa Consumer Limited, the parent company of Mamaearth, has appointed Yatish Bhargava as Chief Business Officer with immediate effect. The post had been vacant since February 28, following the resignation of Zairus Master, who left the Gurugram-based firm citing personal reasons. Bhargava will also be designated as a Senior Management Personnel, the company informed in a stock exchange filing. Bhargava brings over 17 years of experience in P&L management and leading large-scale teams across general trade, modern trade, and e-commerce. Prior to joining Honasa, he held senior leadership roles at Flipkart and Hindustan Unilever Limited. Recently, Honasa elevated Karan Bajwa, who had been serving as Senior Vice President of Human Resources, to Chief Human Resources Officer (CHRO), and Avinash Dhagat, formerly Senior Vice President of Supply Chain, to Chief Supply Chain Officer (CSCO).

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Mamaearth parent Honasa Consumer appoints Yatish Bhargava as chief business officer

Economic Times

Economic Times · 1m ago

Mamaearth parent Honasa Consumer appoints Yatish Bhargava as chief business officer

Honasa Consumer, the parent company of Mamaearth, appointed Yatish Bhargava as Chief Business Officer. With 17 years of experience in ecommerce and FMCG sectors, Bhargava aims to enhance Honasa's omnichannel strategy and drive growth across platforms. Previously at Flipkart and Hindustan Unilever, he has expertise in category transformation and market strategies. Honasa also reported a 13% year-on-year rise in operating revenue to Rs 533 crore for the March quarter.

Honasa Consumer grants ESOPs worth Rs 1.6 Cr

YourStory

YourStory · 1m ago

Honasa Consumer grants ESOPs worth Rs 1.6 Cr

Honasa Consumer, the parent company of Mamaearth, has approved the grant of 53,322 stock options, valued at Rs 1.6 crore based on current trading prices, to eligible employees under its 2018 ESOP plan. Each option is convertible into an equity share at Rs 10 per share. The company also appointed Yatish Bhargava as the new Chief Business Officer to enhance sales and growth. This move follows an earlier grant of 24.16 lakh stock options in April.

Groyyo Appoints Smita Verma Kansal As CBO

Inc42 · 10m ago

Groyyo Appoints Smita Verma Kansal As CBO

Groyyo, an AI-driven platform, has expanded its leadership team with the appointments of Smita Verma Kansal as Chief Business Officer (CBO) and Alessandro Bertini as Vice President Commercial. Kansal, previously a Senior Vice President at Geniemode, will focus on US exports and global expansion, while Bertini will enhance commercial strategies and brand partnerships. Groyyo has reported a substantial revenue growth of 19 times, reaching INR 509.8 crore in FY23, and aims to further strengthen its services to over 110 brands across 10 countries.

Tata Digital appoints MobiKwik's Mukul Saxena as its CBO

IndianStartupNews

IndianStartupNews · 1y ago

Tata Digital appoints MobiKwik's Mukul Saxena as its CBO

Tata Digital has appointed Mukul Saxena as its Chief Business Officer (CBO). Saxena joins Tata Digital from Mobikwik and will be responsible for leading the product, P&L, and new initiatives in the fintech business of the company. Tata Digital, the ecommerce arm of Tata Group, has seen a significant increase in revenue for FY23, reaching Rs 204.35 crore. However, it also experienced a loss of Rs 1,370 crore on a standalone basis.

Mamaearth parent Honasa Consumer appoints Nishchay Bahl to lead offline business

Economic Times

Economic Times · 1y ago

Mamaearth parent Honasa Consumer appoints Nishchay Bahl to lead offline business

Mamaearth parent company Honasa Consumer has appointed Nishchay Bahl to lead its offline business. Bahl will be responsible for expanding the company's offline retail presence and driving growth in offline sales channels. Honasa Consumer is a fast-growing brand in the personal care and beauty space, with Mamaearth being its flagship brand. The company aims to leverage Bahl's experience and expertise in offline retail to further strengthen its position in the market.

ShareChat appoints Gaurav Jain as chief business officer

Economic Times

Economic Times · 1y ago

ShareChat appoints Gaurav Jain as chief business officer

ShareChat has appointed Gaurav Jain as its Chief Business Officer (CBO) to strengthen ties with digital agencies and help marketers leverage the power of short-form videos. Jain, previously the head of emerging business at ShareChat and Moj, aims to drive the growth of the ad business amidst the short-form video boom in India. The parent company of ShareChat, Mohalla Tech, reported a 62% rise in revenue but a 38% increase in losses for FY23. ShareChat is striving to achieve profitability by 2025, focusing on multiple revenue streams including virtual gifting and chat room offerings.

Ola’s Chief Business Officer Sidharth Shakdher quit: Sources

Inshorts · 10m ago

Ola’s Chief Business Officer Sidharth Shakdher quit: Sources

Nine months after joining Ola Consumer (formerly known as Ola Cabs) as its global chief business officer (CBO), Sidharth Shakdher is exiting the startup, sources told Inc42. In his role as global CBO, Shakdher used to oversee Ola’s revenue, growth, and marketing efforts in India, and cab business in international markets.

MamaEarth’s parent Honasa Consumer appoints Kaustav Guha as VP of R&D

Entrackr

Entrackr · 9m ago

MamaEarth’s parent Honasa Consumer appoints Kaustav Guha as VP of R&D

Honasa Consumer, which operates brands like Mamaearth, The Dream Co., Aqualogica, Bblunt, and Dr. Sheth, has appointed Kaustav Guha as Vice President of Research & Development at the Gurugram-based company. In this role, Guha will strengthen the company’s R&D capabilities and drive product innovation. He will be responsible for developing new technologies that enhance formulations and products across Honasa’s diverse portfolio of purpose-driven brands, the company stated in a press release. Additionally, he will bolster Honasa’s offerings of natural and sustainable formulations, advancing the company’s commitment to delivering safe, effective, and sustainable beauty and personal care products. Kaustav Guha brings over a decade of experience in the beauty and personal care space, having led product development at both global and Indian brands, including L’Oréal and Marico. Honasa expects that his expertise in product formulations will significantly contribute to its continued growth and efforts to empower the Indian beauty and personal care sector. According to Honasa, this move will complement its aim to push the boundaries of research and development in the Indian beauty and wellness industry. Earlier this year, in May, the company acquired CosmoGenesis Labs, a cosmetic formulation and development company specializing in premium skincare solutions. The company claims that the acquisition strengthened its expertise in research and development and empowered the brand to explore new sub-categories, delivering exceptional value to its customers. Honasa has more than 100,000 FMCG retail locations and an omni-channel distribution network that covers more than 18,000 pin codes in India, making its products accessible to customers in over 700 districts across the country.

Angel One appoints BharatPe's Nishant Shah as CBO for affiliate channels, Ravish Sinha as CPTO

IndianStartupNews

IndianStartupNews · 1y ago

Angel One appoints BharatPe's Nishant Shah as CBO for affiliate channels, Ravish Sinha as CPTO

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.

ICICI Prudential Increases Its Stake In Honasa To 5.48%

Inc42 · 10m ago

ICICI Prudential Increases Its Stake In Honasa To 5.48%

ICICI Prudential Life Insurance Company has increased its stake in Honasa through the acquisition of 46.91 lakh shares. Prior to this, ICICI Prudential held a 4.03% stake in Honasa, and its stake in the company now stands at 3.81% as of the end of the June quarter of 2024. Additionally, several investors, including Peak XV Partners, Fireside Ventures, and Stellaris Venture Partners, have sold Honasa shares worth INR 1,601.68 crore on Thursday.

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