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Industry Moves: Flipkart, Paytm, Nokia, PayU and Criteo

Flipkart appoints two senior executivesAbhijit Upadhye

Ekart, the logistics arm of online retailer Flipkart, has hired Abhijit Upadhye as the Vice-President of Business Development and Harish Abichandani as the CFO, The Economic Times reported. Prior to this, Upadhye was the Senior Director, Worldwide Supply Chain and Relationship Partner for Mcdonald’s Japan and will now report to Ekart head, Saikiran Krishnamurthy. He has about 20 years of experience in strategy, supply chain, sales and consulting, having worked at companies like Mcdonald’s for most of his career and Infosys.

Abichandani is the former CFO for Tata Teleservices and will now be reporting to Flipkart CFO Sanjay Baweja. He has experience in US GAAP, Financial Planning, Private Equity, Capital market operations, MIS, Reporting and Compliance, Treasury and Taxation.Harish Abhichandani

The report also said that Ekart has made four to five Director-level appointments for functions like design, finance & insurance and strategic programme management.


Paytm hires 2 Citi executives for its upcoming Payments Bank

Ruchita Taneja AggarwalMobile payments and e-commerce platform Paytm has hired Ruchita Taneja Aggarwal as head of banking operations and Priya Karnik as the head of product development for banking operations for its yet-to-launch Payments bank, ANI reported. Both Aggarwal and Karnik were previously associated with Citibank. Aggarwal was the Director and Singapore Head, for Regional Product Sales while Karnik was Director, Treasury and Trade Solutions in Asia Pacific.

Aggarwal holds an MBA from S.P. Jain Institute of Management & Research, Mumbai, and has almost 14 years of experience in the field of payments and finance. Karnik, on the other hand, is an alumnus of Indian Institute of Management, Calcutta, with 13 years of experience in payments and cash management.


Tejinder Kalra quits Nokia, Jaideep Minocha to take overJaideep Minocha

Nokia India has appointed Jaideep Minocha as the head for Bharti Airtel global account, following the resignation of Tejinder Kalra, according to The Economic Times. Minocha currently heads Nokia’s global sales support centre in India.  In his new role, he will oversee the deployment of the company’s 3G and 4G network gear in Airtel’s networks in India, Sri Lanka, Bangladesh and African markets. Minocha will report to Nokia’s India market head Sandeep Girotra.


Criteo appoints Ajeet Kandachar as India MDAjeet Kandachar

Criteo, the performance marketing technology company has appointed Ajeet Kandachar as Managing Director of India operations, The Financial Express reported. He will be responsible for the strategic direction, operational execution and overall leadership of the India business. He will also focus on cultivating and strengthening relationships with advertisers and publishers. Prior to this, Kandachar was the SVP Revenue, Partnerships & Strategic Alliances with Vizury, a Big Data marketing firm. He has about 12 years of experience in business development and management.

Criteo has also announced the opening of its first India office in New Delhi. It had entered the India market in late 2014 and has been working with eCommerce companies such as AskmeBazaar, MakeMyTrip, Yatra, Nearbuy and Urban Ladder.


PayU India appoints former Bharti Airtel Executive Sachin Singhalsachin singhal

PayU India, the payment solution company has announced the appointment of Sachin Singhal, the former Bharti Airtel’s executive, as its Head of Consumer Business. He will be responsible for designing effective business strategies and bring in growth by taking the company’s plans to diversify the consumer business to the next level, the company said in a statement. In his former position, Singhal was the VP of Marketing, Mobile Internet Products & Platforms at Bharti Airtel, where he led the channel marketing and mobile internet growth. He now joins PayU India with over 15 years of experience in business and technology.


Karan Sarin quits as MarketingHead, OnePlus IndiaKaran Sarin

The head of marketing at OnePlus India, the Chinese handset maker, Karan Sarin has resigned from his position at the company, The Economic Times reported. Sarin, who is currently serving his notice period, was responsible for generating demand for OnePlus’s products by reaching out to new regions and customers. He had joined OnePlus in 2015 from the online marketplace Flipkart, where he served as director of the gift cards business and was responsible for overall business strategy, sales and operations at the e-commerce company. OnePlus India has started the searching for his replacement.

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