OnMobile Global, the mobile VAS company, has announced that Amit Rastogi has resigned from his position as Chief Financial Officer of the Company; Rastogi submitted his resignation on April 10, 2012, just around three months from his appointment. It is unclear, at this point, where he’ll be heading next. Replacing him is Rajesh Kunnath, his appointment effective from May 23, 2012.
OnMobile Global recently reported consolidated profits of Rs 4.79 crore for the quarter ended 31st March 2012 (Q4-FY12), on revenues of 177.55 crore. According to our sources, the company is moving from an operator/customer centric structure to a regional structure for India, has appointed regional heads for at least two regions. OnMobile, headquartered in Bangalore, India, services in 55 countries, is a Value Added Services company for Mobile, Landline and Media Service Providers. It offers its products in Mobile Entertainment, Search and Discovery, Data Services and Mobile Social Networking and VAS Managed Services industry.