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Movers and Shakers Of The Week [24-29 June]

Movers and Shakers Of The Week [24-29 June]

NITI Aayog chief Amitabh Kant has been given an extension for his tenure

Vijay Shekhar Sharma has joined the Roots Ventures fund as an anchor limited partner

IAMAI appointed new members for its council

We bring to you the latest edition of movers and shakers of the week in the Indian startup ecosystem.

This week government cabinet gave a two-year extension of tenure to NITI Aayog chief Amitabh Kant. His tenure was expected to end on June 20, 2019 and has now been extended to June 30, 2021.

Amitabh Kant is a 1980 batch IAS officer of Kerala cadre. He was appointed the Chief Executive Officer of the government think tank on February 17, 2016 for a two-year term.

Also, this week Paytm founder and CEO Vijay Shekhar Sharma has joined the Roots Ventures fund as an anchor limited partner. He has contributed 20% to the fund’s corpus. Industry leaders such as Pravin Gandhi of Seedfund, Sandeep Kohli former CEO of Yum International India division, along with Kushal and Chaitanya Desai of Apar Industries have also invested in the fund’s corpus.

Here’s a look at other important movers and shakers of the week!

IAMAI Appoints New Council For Two Years

The Internet and Mobile Association of India (IAMAI) appointed new members of its council. IAMAI has appointed Amazon India head Amit Agarwal as chairman.

Agarwal will take over the office duties of chairman from Rajan Anandan, ex-country head of Google India. Other new appointees in the IAMAI council include Dhruv Shringi, cofounder and CEO, Yatra as the new vice chairman of IAMAI. He is taking over from Deep Kalra, founder and Group CEO of MakeMyTrip.

Satyan Gajwani, vice chairman of Times Internet has been elected as the new treasurer of the association. Subho Ray continues to be the president of the association.

The association remains committed to bring forward non-partisan leading reports that include multiple perspectives to help lay the road map for achieving the $1 Tn digital economy along with job creation, improving livelihood and contribution to the overall GDP of the country.

Shine Appoints Madhukar Kumar As Chief Analytics Officer

Gurugram-based job portal Shina appointed Madhukar Kumar as its Chief Analytics Officer.

In his new role, Kumar plans to build a robust data science team to enhance’s candidate and recruiter experience. He will be building Shine’s data science team, Madhukar will focus on AI, Deep learning, machine learning, Text Analytics & Speech Analytics.

Kumar comes with over 13 years of experience across data sciences, predictive analytics, Artificial intelligence (AI), Machine learning (ML), deep learning and consulting domains.

Shine connects jobseekers and recruiters by accurately matching candidate profiles to the relevant job openings through an advanced 2-way matching technology.

Stay tuned for the next week’s edition of Movers and Shakers Of The Week!