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Sabyasachi Couture names former Shein India executive Manish Chopra as CEO

Economic Times

Economic Times · 1m ago

Sabyasachi Couture names former Shein India executive Manish Chopra as CEO

Aditya Birla Group's Sabyasachi Couture has appointed Manish Chopra, formerly of Shein India, as CEO. The luxury fashion market is recovering, with Indian brands like Sabyasachi aiming for global expansion. Chopra previously joined Reliance Retail for Shein India operations, which are still in early stages. This leadership change highlights Sabyasachi's strategic moves in the evolving luxury apparel landscape. Aditya Birla previously acquired a significant stake in Sabyasachi, diversifying its fashion portfolio.

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Shein back in India? Mukesh Ambani’s Reliance to launch IPO-bound label, ex-Meta honcho to be roped in, says report

Livemint

Livemint · 1y ago

Shein back in India? Mukesh Ambani’s Reliance to launch IPO-bound label, ex-Meta honcho to be roped in, says report

Reliance Retail Ventures, owned by Mukesh Ambani, is set to launch Chinese fast fashion label Shein in India. The popular fashion brand will be available on Reliance Retail Ventures' app and brick-and-mortar stores. Reliance Retail previously partnered with Shein and is likely to appoint former Meta director Manish Chopra to head operations in India. This move is part of Reliance Retail Ventures' strategy to bring international brands like Tiffany & Co and ASOS to India. Shein was previously banned in India due to tensions between the countries but will now operate under Reliance Retail Ventures.

Reliance set to relaunch Chinese fashion brand Shein in July

The Arc Web

The Arc Web · 1y ago

Reliance Retail is set to relaunch Shein in India, manufacturing locally, storing data domestically, and paying a licensing fee. Ex-Meta director Manish Chopra will head Shein's India operations. Shein will share profits with Reliance and expand exports from India. Despite leaving in 2020 due to government restrictions, Shein aims to compete with local fashion brands like Myntra and Nykaa Fashion, leveraging Reliance's support to regain market presence.

Nestle nominates former Amazon exec Manish Tiwary as India MD

VCCircle

VCCircle · 10m ago

Nestle nominates former Amazon exec Manish Tiwary as India MD

- Nestle has nominated former Amazon India executive Manish Tiwary as the new managing director of its Indian unit. - The proposal is subject to board approval and, if approved, Tiwary will take over the position on August 1, 2025, after the retirement of current MD Suresh Narayanan. - Manish Tiwary recently resigned from his role at Amazon, where he headed the company's India operations. - Prior to his time at Amazon, Tiwary held various positions at Unilever's Indian and Gulf units. - Suresh Narayanan has been with Nestle for over 26 years and was appointed as the chairman of Nestle India in 2015. Before that, he held leadership roles in Nestle operations in the Phillipines, Egypt, and Singapore.

As profits soar, PB Fintech takes a second bite at mutual funds

Livemint

Livemint · 27d ago

As profits soar, PB Fintech takes a second bite at mutual funds

PB Fintech plans to re-enter the fee-based mutual fund business under its PB Money vertical, aiming for a new revenue stream after its Q1FY26 profits soared. This initiative marks the company's second attempt following a previous venture in 2019, which evolved into a separate entity named Zfunds, led by CEO Manish Kothari, a former Paisabazaar executive. This move responds to the mutual fund industry's impressive growth, with assets reaching ₹72.2 trillion in May.

Head of consumer electronics quits amid a top churn at Amazon India

Economic Times

Economic Times · 8m ago

Head of consumer electronics quits amid a top churn at Amazon India

Ranjit Babu, the head of consumer electronics at Amazon India, has resigned amid ongoing senior-level changes in the company. Babu, who was also the former CEO of Cloudtail, a major seller on the platform, played a crucial role in Amazon India's success. His departure follows the recent restructuring of the company after the exit of former India head Manish Tiwary. The ecommerce giant is experiencing a significant senior-level churn, with executives such as Gaurav Arora and Suresh John also leaving the company. Amazon India is now focusing on catching up in the ecommerce business and entering the quick commerce sector.

Ola names Hemant Bakshi as CEO

Inshorts · 1y ago

Ola names Hemant Bakshi as CEO

Ola's parent company ANI Technologies has named former Unilever executive Hemant Bakshi as its next CEO, with Bhavish Aggarwal stepping away from his role as the company undergoes streamlining of operations. Bakshi served as Executive Vice President of Unilever Marketplace and Chairman of Unilever Indonesia. He joined Ola and moved back to India around four months ago, NDTV Profit reported.

Table Space names two co-founders as co-CEOs after founder’s death

VCCircle

VCCircle · 7m ago

Table Space names two co-founders as co-CEOs after founder’s death

Table Space appointed Karan Chopra and Kunal Mehra as co-CEOs following founder Amit Banerji's unexpected death. Chopra, previously vice-chairman, led strategic expansions and premium office offerings. Mehra, former president, facilitated major international partnerships and scaled operations. The company, founded in 2017, manages 100.5 lakh sq. ft of workspace across India. Reports suggest plans for an IPO with a $2.5 billion valuation. Table Space has raised $330 million, including $300 million from Hillhouse Capital.

Paytm Money appoints former AMFI CEO NV Srinivasan on its board

Economic Times

Economic Times · 1y ago

Paytm Money appoints former AMFI CEO NV Srinivasan on its board

Paytm Money, the subsidiary of fintech platform Paytm, has appointed Narasinganallore Venkatesh Srinivasan as a non-executive independent director. Srinivasan previously served as the CEO of the Association of Mutual Funds in India and held senior positions at Lakshmi Vilas Bank and IDBI Bank. The appointment aims to strengthen compliance and governance standards at Paytm Money. Cyrus Khambata, a former executive at Central Depository Services, is the other independent non-executive board member.

Sony appoints former Walt Disney exec to head India business

VCCircle

VCCircle · 1y ago

Sony appoints former Walt Disney exec to head India business

Sony has appointed Gaurav Banerjee, a former Walt Disney executive, as the new chief executive for its businesses in India. Banerjee, who was previously heading content for Disney's streaming platform, Hotstar, and business for its Hindi-speaking TV channels, is set to take on the role in about two months. Sony operates 26 channels in India and offers a streaming service as well. This move comes as Sony seeks a successor for its current India CEO and after the company abandoned a planned merger with Zee Entertainment.

Co-working space provider 91Springboard appoints Anshu Sarin as its Chief Executive Officer

IndianStartupNews

IndianStartupNews · 2y ago

Co-working space provider 91Springboard appoints Anshu Sarin as its Chief Executive Officer

Coworking space provider 91springboard names Anshu Sarin as its new Chief Executive Officer (CEO). Sarin's appointment reflects the company's strategic move to enhance leadership and drive growth. With her expertise, 91springboard aims to strengthen its position in the competitive coworking industry, focusing on innovation and customer-centric solutions under her leadership.

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