Twitter’s former India head Rishi Jaitly has joined Times Global as its CEO, Jaitly announced in a tweet today. Jaitly said that the company will invest in and partner with other tech and media companies to launch their editions in India. At present, the Times Group has partners in Vice Media, Gawker Media, AdAge, Huffington Post among other publications which it helped to launch in India. Note that Puneet Singhvi (COO Times Global) had left the company in September.
Times of India group pioneered the private treaties business, now called Brand Capital, which involved taking equity in companies in exchange for marketing inventory. An example of how private treaties deals were structured, here.
It also has investments in Investopedia, partnered and invested in Coursera, strategic partnership with Uber, Meru, signed a deal with Perform Group’s football portal Goal to bring worldwide content to India, invested in ecommerce venture Fab to help it enter India, but likely lost money on that deal.
Jaitly quit Twitter earlier this month. He had joined Twitter in November 2012 as its India market director and was promoted to director of Southeast Asia in 2 years. After a year, he was made the VP of media, APAC and MENA, where he worked for a little over a year.
Prior to joining Twitter, Jaitly was the director of Knight Foundation before which he co-founded Michigan Corps and was the director of strategy for College Summit. Jaitly also worked with Google India as the head of public-private partnerships and as an aide to CEO and a policy analyst for over 3 years.
(Nikhil adds: Maybe it’s just a co-incidence (or not), but Jaitley had joined Twitter in November 2012 after Shailesh Rao joined the company in April 2012. He has left Twitter a few months after Rao left. Rao and Jaitley had worked together in Google India)
Top level changes at Times Internet:
In September, Archana Vohra (COO, Times Card, Communities and Brandwire) quit Times Internet. Avinash Agrawal joined, and Miten Sampat got an expanded role. More here. Last month, Times Internet’s head of Smartapp and mobile growth Deepak Abbot quit the company to join Paytm.
Disclosure: Times Internet is an advertiser with MediaNama