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Prathyusha Agarwal joins Flipkart’s Shopsy as CEO

Inshorts · 55y ago

Prathyusha Agarwal joins Flipkart’s Shopsy as CEO

Former Byju's and Unilever senior executive Prathyusha Agarwal has joined Flipkart's social commerce platform Shopsy as the unit CEO, sources tell The Arc. Her recent stint was with the ed-tech company Byju's, where she joined as chief business officer in 2022 before leaving in October.

Related News

Flipkart’s Shopsy Ropes In Former Unilever Executive Prathyusha Agarwal As CEO

Inc42 · 1y ago

Flipkart’s Shopsy Ropes In Former Unilever Executive Prathyusha Agarwal As CEO

Shopsy, Flipkart's B2C e-commerce platform, has appointed Prathyusha Agarwal as its new CEO. This move is part of the company's reorganization, which has seen several senior executives leaving. Prathyusha will be leading Flipkart's reselling business vertical through Shopsy, taking over from Adarsh Menon.

Flipkart’s Shopsy appoints new CEO under wider reorg

The Arc Web

The Arc Web · 1y ago

Flipkart’s Shopsy appoints new CEO under wider reorg

Prathyusha Agarwal, a former executive at Byju's and Unilever, has been appointed as the CEO of Flipkart's social commerce platform, Shopsy. Agarwal brings over 20 years of experience, including stints at Zee Entertainment, Tata Cliq, Star India, and allOK Tech Support. Shopsy, launched by Flipkart in 2021, focuses on affordable products, particularly in the fashion category. Shopsy's main competitor is Meesho, and Agarwal's hiring comes amidst a larger reorganization at Flipkart, with several executives departing the company.

Byju’s chief business officer Prathyusha Agarwal, two more senior execs quit

Money Control

Money Control · 2y ago

Byju’s chief business officer Prathyusha Agarwal, two more senior execs quit

Three senior executives have resigned from edtech startup Byju’s, including Chief Business Officer Prathyusha Agarwal, Himanshu Bajaj (Business Head of Byju’s Tuition Centers), and Mukut Deepak (Business Head for Class 4 to 10). The departures come as Byju's undertakes restructuring efforts, consolidating its business verticals into two key areas: K-10 and Exam Prep. The company has been facing operational challenges, including the resignation of key investor board members and Deloitte as auditor. Byju’s has laid off over 2,000 employees and is seeking funds while aiming to address student and parent dissatisfaction.

Shark Tank India: After Oyo's Ritesh Agarwal, Zomato's Deepinder Goyal joins judges panel

Economic Times

Economic Times · 1y ago

Shark Tank India: After Oyo's Ritesh Agarwal, Zomato's Deepinder Goyal joins judges panel

Zomato founder and CEO Deepinder Goyal has joined the panel of business reality TV show "Shark Tank India 3." The official Twitter handle of the show announced Goyal's participation. Last week, Oyo founder and CEO Ritesh Agarwal was also announced as a new "shark" for the upcoming season. They will join other judges, including Lenskart founder Peyush Bansal, Shaadi.com founder Anupam Mittal, and more. Goyal expressed his eagerness to learn and contribute on Twitter. The show features entrepreneurs seeking investments from these "sharks" for their business ideas.

Byju's restructures businesses; consolidates verticals into two

Economic Times

Economic Times · 2y ago

Byju's restructures businesses; consolidates verticals into two

Edtech company Byju's has announced a restructuring, consolidating four verticals into two: K-10 and exam preparation. This comes amidst a series of crises for the company, including the resignation of key board members and the departure of senior executives. Byju's Chief Business Officer Prathyusha Agarwal, Mukut Deepak (Business Head for class 4 to 10), and Himanshu Bajaj (Head of Tuition Centers) have all resigned. US-based asset management firm Baron Capital Group recently slashed Byju's valuation by almost half due to various challenges the company has been facing.

Varun Garg Quits Edtech Unicorn upGrad, Joins Nandan Nilekani’s EkStep

Inc42 · 2y ago

Varun Garg Quits Edtech Unicorn upGrad, Joins Nandan Nilekani’s EkStep

Varun Garg, the President of Learning Experience at upGrad, has departed from the edtech company after 7.5 years. His exit comes nearly 10 months after upGrad's CEO, Arjun Mohan, also left the company. Garg has joined EkStep, a nonprofit organization founded by Nandan Nilekani, focused on providing learning opportunities to students through a collaborative platform. Kshitij Jain, Raj Reddy, Abhishek Agarwal, and Ashish Nagar will take over Garg's responsibilities at upGrad, according to the company's co-founder and MD, Mayank Kumar.

Sterlite Power unit’s CEO Manish Agarwal quits

Livemint

Livemint · 1y ago

Sterlite Power unit’s CEO Manish Agarwal quits

Manish Agarwal, the CEO of Sterlite Power Transmission Ltd (STPL), has resigned as the company prepares for its IPO. The exit of Agarwal, who has 25 years of experience in the energy infrastructure sector, was announced in an internal email by Sterlite Power MD Pratik Agarwal. Saikrishna Bendapudi, senior director and business head of overhead products, will serve as the interim CEO. Sterlite Power is currently awaiting approval from the NCLT for the demerger of its transmission business.

Sam Altman Joins Microsoft

The Verge

The Verge · 1y ago

Sam Altman Joins Microsoft

Former OpenAI CEO Sam Altman, dismissed by the board due to a lack of confidence, is now joining Microsoft's new advanced AI research team alongside co-founder Greg Brockman. Despite negotiations for Altman's return to OpenAI failing, Microsoft CEO Satya Nadella announced their appointments, expressing excitement about the new AI team. OpenAI's interim CEO, Emmett Shear, replaces Mira Murati. Altman had negotiated to return as CEO, but OpenAI's board remained unchanged, prompting his move to Microsoft.

Paisabazaar appoints new CEO; cofounder Naveen Kukreja moves to PB Fintech as group president

Economic Times

Economic Times · 6m ago

Paisabazaar appoints new CEO; cofounder Naveen Kukreja moves to PB Fintech as group president

Paisabazaar has appointed Santosh Agarwal as its new CEO, while co-founder Naveen Kukreja becomes group president of PB Fintech. Agarwal, previously Policybazaar's chief business officer, will lead Paisabazaar into new savings and pension products. The company faced a 20% decline in its credit distribution business, though secured lending saw revenue increase. Vivek Audichya, the CFO, will be replaced by Neeraj Tripathi as Audichya moves to Policybazaar as CFO.

We were served veg dinner at SpaceX: OYO's Ritesh on meeting Musk

Inshorts · 8m ago

We were served veg dinner at SpaceX: OYO's Ritesh on meeting Musk

OYO CEO Ritesh Agarwal along with other Indian business leaders recently met billionaire Elon Musk at SpaceX's Starbase facility in Texas. Sharing details about the meeting, Agarwal said, "We were served a veg-only dinner, one of the most incredible veg spread at SpaceX. As...vegetarian, loved up." He added, "Elon is by far doing the most to evolve humankind."

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