ETtech has put together its annual list of executive changes and big movements in the startup and tech industry in collaboration with executive search firm Longhouse Consulting.
This year, Microsoft’s India president Anant Maheshwari left the Seattle-headquartered firm’s India operations after seven years to return to technology conglomerate Honeywell, where he worked between 2004 and 2016.
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Replacing Maheshwari, Microsoft named Puneet Chandok as president of Microsoft India and South Asia. Previously, Chandok worked as the president of Amazon Web Services (AWS), where he led the company’s India and South Asia business.
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Social networking giant Meta also elevated Sandhya Devanathan to the role of vice president and India head, from her earlier position of vice president of Asia-Pacific (APAC) gaming. She has been with the company since 2016, and has served as its country managing director for Singapore earlier.
Meanwhile, Snap Inc, the parent company of the messaging app Snapchat, named former Google executive Pulkit Trivedi as its managing director for India in September, indicating the company’s focus on generating revenue from its service in the country. This was the first time Snap appointed a managing director exclusively for India. Trivedi previously served as the director of Google Pay for the India business team.
The edtech sector also saw churn at the top deck.
Starting with Byju’s, which has been marred by numerous allegations of lack of governance, it also witnessed several leadership changes. Arjun Mohan assumed the role of India chief executive, replacing Mrinal Mohit, a close lieutenant of founder Byju Raveendran. Mohan, formerly the chief business officer at Byju’s, had previously served as the chief executive of another edtech startup UpGrad.
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Byju’s also saw its group chief financial officer (CFO) Ajay Goel moving back to the Vedanta Group as CFO, after spending only seven months at the embattled edtech firm.
Allen Career Institute, backed by Uday Shankar and James Murdoch’s Bodhi Tree, appointed former Meta executive Abha Maheshwari as chief executive of its edtech arm Allen Digital in May to help create digital-first products for students.
In her previous role, Maheshwari served as the director and head of commerce & payments, product partnerships for India. Prior to that, she served as the director of partner product solutions for commerce and ads business at Meta-owned Instagram.
Longhouse Consulting’s founder and CEO Anshuman Das said, “The executives are optimising for more long-term stability and going for companies that are building profitable businesses”. He added that percentage hikes and other financial incentives in the year for these executives have mostly been flat in growth.
Among other C-Suite moves were Razorpay’s Pankaj Goel joining BharatPe as chief technology officer (CTO), beauty and fashion retailer Nykaa roping in TAFE Group’s Ganesh P as CFO, and Ramesh Bafna joining quick commerce platform Zepto from crypto trading platform Coinswitch.
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
ETtech has put together its annual list of executive changes and big movements in the startup and tech industry in collaboration with executive search firm Longhouse Consulting.
This year, Microsoft’s India president Anant Maheshwari left the Seattle-headquartered firm’s India operations after seven years to return to technology conglomerate Honeywell, where he worked between 2004 and 2016.
Elevate Your Tech Prowess with High-Value Skill Courses
Replacing Maheshwari, Microsoft named Puneet Chandok as president of Microsoft India and South Asia. Previously, Chandok worked as the president of Amazon Web Services (AWS), where he led the company’s India and South Asia business.
ETtech
Social networking giant Meta also elevated Sandhya Devanathan to the role of vice president and India head, from her earlier position of vice president of Asia-Pacific (APAC) gaming. She has been with the company since 2016, and has served as its country managing director for Singapore earlier.
Meanwhile, Snap Inc, the parent company of the messaging app Snapchat, named former Google executive Pulkit Trivedi as its managing director for India in September, indicating the company’s focus on generating revenue from its service in the country. This was the first time Snap appointed a managing director exclusively for India. Trivedi previously served as the director of Google Pay for the India business team.
The edtech sector also saw churn at the top deck.
Starting with Byju’s, which has been marred by numerous allegations of lack of governance, it also witnessed several leadership changes. Arjun Mohan assumed the role of India chief executive, replacing Mrinal Mohit, a close lieutenant of founder Byju Raveendran. Mohan, formerly the chief business officer at Byju’s, had previously served as the chief executive of another edtech startup UpGrad.
ETtech
Byju’s also saw its group chief financial officer (CFO) Ajay Goel moving back to the Vedanta Group as CFO, after spending only seven months at the embattled edtech firm.
Allen Career Institute, backed by Uday Shankar and James Murdoch’s Bodhi Tree, appointed former Meta executive Abha Maheshwari as chief executive of its edtech arm Allen Digital in May to help create digital-first products for students.
In her previous role, Maheshwari served as the director and head of commerce & payments, product partnerships for India. Prior to that, she served as the director of partner product solutions for commerce and ads business at Meta-owned Instagram.
Longhouse Consulting’s founder and CEO Anshuman Das said, “The executives are optimising for more long-term stability and going for companies that are building profitable businesses”. He added that percentage hikes and other financial incentives in the year for these executives have mostly been flat in growth.
Among other C-Suite moves were Razorpay’s Pankaj Goel joining BharatPe as chief technology officer (CTO), beauty and fashion retailer Nykaa roping in TAFE Group’s Ganesh P as CFO, and Ramesh Bafna joining quick commerce platform Zepto from crypto trading platform Coinswitch.
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
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