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Udaan CFO Aditya Pande resigns; firm announces senior-level changes
Economic Times
·
1y ago
Medial
Udaan, a B2B e-commerce firm, has announced that its CFO, Aditya Pande, is leaving the company after a three-year tenure. The company has also made other organizational changes, elevating Kiran Thadimarri to the executive management team and giving Vishnu Menon additional responsibilities. Thadimarri will oversee treasury operations, corporate finance, and corporate audit, while Menon will take charge of business finance. The goal of these changes is to strengthen financial and governance practices as Udaan seeks operational profitability and prepares for the public market.
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InterGlobe enterprises appoints Ex-Udaan CFO Aditya Pande as group CEO
OutlookIndia
·
1y ago
Medial
InterGlobe Enterprises, a domestic travel conglomerate, has appointed Aditya Pande as Group CEO. Pande, who previously served as the CFO of IndiGo and worked at B2B e-commerce platform udaan, will be responsible for setting InterGlobe's strategic agenda. The appointment aims to strengthen the company's leadership team as it pursues its global plans. InterGlobe Enterprises operates in multiple sectors including aviation, hospitality, logistics, and travel commerce.
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Byju's group general counsel Roshan Thomas resigns amid a series of top-level exits
Money Control
·
1y ago
Medial
Roshan Thomas has resigned from his position as Group General Counsel at Byju's, adding to a string of senior-level departures from the edtech company. Various factors led to his decision to leave after over two years with the company. Byju's has faced challenges including accounting irregularities, alleged mis-selling of courses, and mass layoffs in recent times. The company has also seen the departure of its CEO, CFO, CTO, and CBO, as well as board members.
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Peak XV’s Chief Product Officer Anuj Sahai resigns
Entrackr
·
25d ago
Medial
Peak XV’s Chief Product Officer Anuj Sahai resigns Anuj Sahai, Chief Product Officer at Peak XV Partners, has stepped down from his role, adding to a string of recent top-level departures at the venture capital firm. In a LinkedIn post, Sahai announced his exit, saying, “After an eventful run as Chief Product Officer at PeakXV, I’m turning the page and looking forward to the next adventure. The role gave me a front-row seat to the startup ecosystem—partnering with founders and ideas that are shaping markets—and hands-on experience with AI technologies. Huge thanks to Peak XV Partners for the opportunity!” Sahai had joined Peak XV (formerly Sequoia Capital India & Southeast Asia) in 2023 after building a career leading product and monetization strategies at companies like Flipkart, Ola, Payback, and Yahoo!. Peak XV Partners has witnessed a series of high-level departures in recent months. In February 2025, managing partners Shailesh Lakhani and Abheek Anand resigned after long stints at the firm, followed by investor Shraeyansh Thakur’s exit in March after nearly a decade. These exits add to an earlier wave of senior-level churn, including the departures of Piyush Gupta, Anandamoy Roychowdhary, and others.
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Paytm’s President & COO Bhavesh Gupta Resigns
Inc42
·
1y ago
Medial
Paytm's President and COO, Bhavesh Gupta, has resigned and will be relieved from his duties on May 31. Gupta's resignation comes as part of a company-wide restructuring. He will now take on an advisory role within Paytm. This recent departure adds to a growing number of senior-level executives who have recently left the company.
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OpenAI's lead safety researcher Lilian Weng resigns after 7 years
Inshorts
·
9m ago
Medial
OpenAI's VP of Research and Safety Lilian Weng has resigned after working at the AI startup for nearly seven years. "I learned so much and now I'm ready for a reset and something new," she stated. The ChatGPT maker has seen a series of senior-level exits recently, including that of CTO Mira Murati and Chief Research Officer Bob McGrew.
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Infosys announces Salary hikes
Business Today
·
1y ago
Medial
Infosys has initiated salary hikes for the 2023-24 financial year, which were traditionally effective from April 1 but have been delayed to November 1, 2023. The compensation review program excludes entry-level workers, and the average hike is expected to be under 10%. The company had previously delayed salary increments in 2023 due to business optimization measures addressing industry challenges. Infosys CFO Nilanjan Roy, during an investor call, mentioned that the delay was aimed at addressing inefficiencies within the company, with a focus on improving utilization and reducing workforce strength.
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BharatPe rejigs senior management
Economic Times
·
1y ago
Medial
Fintech firm BharatPe has made changes to its senior management team in the payment and lending units. Sandeep Indurkar has been promoted to CEO of payment vertical Resilient Payments Pvt Ltd, while Rijish Raghavan will now handle the device business. Kohinoor Biswas will take over Raghavan's role as head of consumer lending. The three executives will report to BharatPe's CFO and interim CEO Nalin Negi. The company has seen a significant increase in revenue and a reduction in losses before tax. It reported its first operational profit in October 2023.
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Abhishek Nag & Vaibhav Agrawal Quit Lightspeed
Inc42
·
1y ago
Medial
There have been recent top-level exits at venture capital firm Lightspeed Venture Partners. Abhishek Nag, partner at its India arm, has left and joined Mumbai-based firm 360 One. Meanwhile, Vaibhav Agrawal, partner at its US fund, has reportedly left to start his own venture firm. Lightspeed is a multi-stage VC firm that has previously invested in companies such as BYJU's, Udaan, ShareChat, Razorpay, and Innovacer. These departures come after the VC firm recently brought in new venture partners to expand in India and Southeast Asia.
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Head of consumer electronics quits amid a top churn at Amazon India
Economic Times
·
8m ago
Medial
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.
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Vedanta sees more C-suite exits amid crucial demerger and debt restructuring
Livemint
·
10m ago
Medial
- Several senior executives have recently left Vedanta Group as the company undergoes a demerger and debt restructuring. - Krishnamohan Narayan has stepped down as the deputy CEO of Hindustan Zinc, while Shrikant Saboo has resigned from Vedanta Ltd's executive committee. - Over half a dozen senior executives have left Vedanta Group firms in the past year, potentially impacting the restructuring process. - The level of churn among senior leadership in Vedanta Group is atypical for a conglomerate of this size, especially in the minerals and mining sector. - Vedanta Group follows a pyramid structure, with 2-5% of employees in the top bracket, and offers competitive compensation packages for senior executives. - Ajay Goel returned to Vedanta as the CFO after briefly leaving to join Byju's, while Omar Davis left Vedanta during the debt crisis management phase.
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