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Exclusive: ShareChat’s CBO Gaurav Jain quits

EntrackrEntrackr · 1m ago
Exclusive: ShareChat’s CBO Gaurav Jain quits
Medial

Exclusive: ShareChat’s CBO Gaurav Jain quits Gaurav Jain, the Chief Business Officer of social media platform ShareChat, has resigned, according to an update shared by the company’s founder and CEO, Ankush Sachdeva on the company’s Slack channel. “Gaurav has played a pivotal role in shaping our Ad Sales and B2B Marketing teams. His steady leadership and thoughtful approach has helped us navigate some tough periods and drive progress,” said Sachdeva. According to the internal announcement, Jain will be with the company until July to ensure a smooth handover. He joined ShareChat in October 2022. Prior to that, he was Head of APAC Business Expansion at Snap for less than a year, and Head of Mid-Market Business for Meta India for more than three years. In the interim, ShareChat has named Manohar Charan, who will be stepping in to lead the business during the transition. Charan, who is the Chief Financial Officer of ShareChat, was recently elevated to the position of Co-founder of the Bengaluru-based company.

Exclusive: Increff co-founder Romil Jain quits

EntrackrEntrackr · 4m ago
Exclusive: Increff co-founder Romil Jain quits
Medial

Romil Jain, co-founder and former Chief Technical Officer of SaaS startup Increff, has left the firm, sources aware of the development told Entrackr. “Jain left Increff late last year and he’s likely to embark on a new entrepreneurial journey,” said one of the sources requesting anonymity. Before founding Increff in 2016, Jain worked as a Chief Architect and Principal Engineer at DevFactory and Computer Associates. He co-founded Increff with Rahul Jain and Anshuman Agarwal. According to sources, Jain is expected to announce his new project soon. Increff has declined to comment on the story. This development coincides with the elevation of Vishal Raj as the new co-founder of the company. Raj, who has been with Increff for over seven years, is the current CTO of the company.

Globalbees CEO Nitin Agarwal resigns, Anuj Jain takes over

EntrackrEntrackr · 2m ago
Globalbees CEO Nitin Agarwal resigns, Anuj Jain takes over
Medial

Globalbees CEO Nitin Agarwal resigns, Anuj Jain takes over According to a regulatory filing, Agarwal officially ceased to be a director of Globalbees and a senior management personnel of Brainbees Solutions as of April 24. Brainbees Solutions Limited, the parent company of FirstCry, has announced a key leadership change at its subsidiary, Globalbees Brands Private Limited. Nitin Agarwal, who served as the CEO and director of Globalbees Brands, has stepped down from his role due to personal reasons. According to a regulatory filing, Agarwal officially ceased to be a director of Globalbees and a senior management personnel of Brainbees Solutions as of April 24. He will, however, support transition activities until May 23, 2025. Stepping into the role is Anuj Jain, who has been appointed as the new CEO of Globalbees Brands and designated as a senior management personnel of the company. Jain currently serves as the chief business officer (CBO) of FirstCry’s pre-school segment and senior vice president of marketing. A part of the company’s leadership team since July 2012, Jain brings over 23 years of industry experience, having previously worked at ITC and L'Oréal. E-commerce roll-up firm GlobalBees last raised $18 million in a debt round from Avendus in February 2024. To date, the company has secured over $270 million in funding, including a $111 million Series B round in December 2021, which propelled it to unicorn status. In FY24, the FirstCry group recorded a 15% year-on-year increase in revenue from operations to Rs 6,481 crore, with GlobalBees contributing Rs 1,209 crore to the group’s total revenue.

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