We bring to you the important movers and shakers of the week for the Indian startup ecosystem.
As part of a massive restructuring exercise, 400 employees of Myntra’s fashion subsidiary Jabong, have been demoted by at least one level including Kalyan Kumar, the Chief Buying Officer at the company.
Kumar was the Senior Vice President, and he has now been redesignated as the Vice President. Also, Rahul Taneja, the Chief Business Officer at Jabong has resigned from the company. He joined the company in May 2016 and was said to be with Jabong until January 31, 2018.
Dream11 Appoints Vikrant Mudaliar As CMO
Dream11, one of India’s leading Sports Gaming platform, has appointed Vikrant Mudaliar as Chief Marketing Officer. Vikrant will be responsible for driving Dream11’s marketing and brand strategy and further strengthen its leadership position in the online Sports Gaming industry.
Vikrant Mudaliar has led some of the best-known brands in the country over the last 17 years. He joins Dream11 from Yatra.com, where, as the Chief Marketing Officer, he led marketing activities across all of its business-lines and group entities.
Vikrant has vast experience in varied aspects of marketing, sales and strategy functions across diverse sectors including ecommerce, media & entertainment, automobiles and consumer goods.
Before Yatra, he was the Vice President – Brand Marketing at Tata Sky, where he was instrumental in making the brand a category leader. He has also been associated with Lenskart, General Motors India, Jumbo Electronics Dubai and Pepsi Foods Ltd.
Dream11 claims to have a current user base of two crore sports fans and aims to reach 10 Cr by 2020. Vikrant will be based in Mumbai and report to Harsh Jain, CEO, Dream11.
NPCI Appoints Biswamohan Mahapatra As Chairman
National Payments Corporation of India (NPCI) has appointed Biswamohan Mahapatra as Non-Executive Chairman of the Board for a period of two years, with effect from February 08, 2018.
He succeeds Shri B. Sambamurthy, Interim Chairman.
National Payments Corporation of India (NPCI) was set up in 2009 as the central infrastructure for various retail payment systems in India and was envisaged by the Reserve Bank of India (RBI) as the payment utility in the country.
From a single service of switching of interbank ATM transactions through National Financial Service, the range of services has grown to Cheque Truncation System, Aadhaar Enabled Payment System (AePS), Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), amongst others.
Uber Appoints Vishpala Reddy As CPO For India & South Asia
Uber has appointed Vishpala Reddy as its Chief People’s Officer for India and South Asia. In her new role, Vishpala will focus on building a dynamic workplace at Uber that attracts the best talent, strengthens its leadership capability and enables innovative people practices to support the growing workforce needs.
With deep HR expertise of 17+ years across leading organisations, Vishpala will work towards developing programmes to foster an equal opportunity workplace at Uber.
Prior to joining Uber, Vishpala was Vice President and the Head of HR for American Express in India. During her 12-year stint with the company, she held diverse roles in HR and played a critical role in driving the transformation of its India business.
Before joining American Express, Vishpala also had association with brands such as Hewitt Associates, and Cognizant Technologies.
Vishpala played an active role as a board member of the national executive board of NHRDN (National HR Development Network) 2016-17 and has also led their Young Minds Advisory Board.
Stay tuned for the next edition of Important Movers And Shakers of The Week!