While this week’s biggest news might be the official launch of Reliance’s ambitious project Jio, the startup world wasn’t far behind, making news with a slew of official appointments.
Without much ado, here are the headlines that caught our attention in terms of personnel reshuffles:
Myntra snaps up Shoppers Stop’s Manohar Kamath for retail expansion
Expected to lead the fashion brands category, Manohar Kamath comes with over two and a half decades of experience in working with retail brands. According to Ananth Narayanan, CEO, Myntra, Manohar seems to be the perfect fit as the online marketplace looks to focus on an omni-channel strategy.
Reported first by the Economic Times, Manohar has even been the Chief Operating Officer of Crossword Bookstores and Nuance India.
Parcelled co-founder calls it quits
Just yesterday, the news came out that Parcelled co-founder Prateek Bhadari had quit the business to join US-based company Headout as its Head of Marketing for Europe.
Lately, Parcelled, a Delhivery and Traxcn-funded company, had been reportedly planning to pivot their business models and operate like an online booking agent.
CreditVidya appoints a National Sales Head
Financial technology and credit scoring startup CreditVidya announced the appointment of Vipul Jain as the Nationals Sales Head of the company.
Having more than a decade’s experience in credit analysis, risk assessment and investments, Vipul has worked with Credit Information Bureau (India) Limited, managing their business in North India.
In his last role, he was the Assistant Vice President - Business Development at Equifax India.
mjunction services gets a new CEO
A joint venture between SAIL and Tata Steel, B2B e-auction services provider, mjunction appointed Vinaya Varma as its new CEO.
Having led all divisions of mjunction, Vinaya is an IIT Kanpur alumni and has previously worked with Tata Steel.
Salesforce Thought Leader joins Simplilearn’s Advisory Board
Online training provider Simplilearn announced the appointment of Salesforce MVP Award winner Ben McCarthy as a part of its advisory board.
In his new role, Ben is expected to advance the Salesforce course category with certification methods to ensure that Simplilearn’s learners receive good training.
Microsoft’s Accelerator programme gets new India and global heads
On Tuesday, Microsoft announced Bala Girisaballa as a new CEO-in-residence to its acceleration programme. With Bala taking charge of Indian operations, existing director Ravi Narayan will move on to the role of Global Director at the accelerator.
In his new role, Bala will lead the accelerator’s efforts to help market-ready startups and entrepreneurs scale up and become successful businesses.
On the other hand, Ravi in his new role is expected to help Microsoft’s acceleration of startups across eight locations around the world, making startups market-ready for raising institutional funding from VCs.
Phaneesh Murthy has a new task in hand
Indian technology businessman Phaneesh Murthy opened his third innings (after Infosys and iGate), joining the board of technology solutions provider Marlabs.
Bringing him onboard early this year, according to Marlabs CEO Siby Vadakekkara, the company has already seen immense changes under Phaneesh’s mentorship.
In the past, Phaneesh has been credited with bolstering Infosys’s sales, and became the CEO of iGate, where he made the company a billion dollar entity.
While there is considered to be a slowdown in hiring by consumer-facing companies, startups are leaving no stone unturned to get the best experience and talent into their teams at the executive levels.
Tarush is driven towards delivering unbiased and accurate reportage while engaging with as many mediums as possible to narrate a fresh perspective. Working for the past few years in the digital space with YourStory, he has covered the Indian technology ecosystem extensively, focusing on new age Fintech companies, while building strong connects within the industry.