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Industry Moves: Ola, Snapdeal, C1X and Treebo Hotels

Ola’s CFO Rajiv Bansal, COO (offline initiatives) Anuj Bhargava quits the company

Top executives at Ola including Chief Financial Officer Rajiv Bansal, marketing lead Raghuvesh Sarup, and Chief Operating Officer for offline initiatives Anuj Bhargava have quit the company, according to this Mint report. Apart from this, Sriram V. Iyer, head of engineering at Ola, also quit the company, added the report. The cab-hailing company hired InMobi’s Sanjay Kharb and Cellwork’s CTO Pranav Tiwari as senior engineers to replace the exits, another Mint report pointed out.

Rajiv Bansal joined Ola in November 2015, leading the company’s strategic finance initiatives. Bansal worked as an advisor to the CEO and board of Infosys before he joined Ola, before which he worked as the CFO for 3 years and as the VP and head of finance for over 13 years at Infosys. COO for offline initiatives Anuj Bhargava joined Ola in March last year and spearheaded the company’s offline projects like Ola Play.

The top-level exits comes just a month after Ola announced a top deck shuffle wherein Chief Operating Officer Pranay Jivrajka was replaced by PepsiCo’s Vishal Kaul. It also hired ITC Limited’s Shalabh Seth as the CEO of Ola Fleet Technologies. Last month, Abhimanyu Rawal, the senior manager of Ola’s luxury business left the company.


Top level executives Abhishek Kumar and Sandeep Komaravelly quits Snapdeal

Ecommerce market place Snapdeal witnessed two top executives leaving the company in this month: Abhishek Kumar, the company’s head of corporate development and senior vice president Sandeep Komaravelly had put down their papers, according to this TechCircle report.

Kumar had joined Snapdeal in 2014 wherein he oversaw the company’s acquisition of FreeCharge. Prior to this, Kumar worked with VC firm Palaash Ventures. On the other hand, Komaravelly had joined Snapdeal in 2010 and where he looked after the company’s commission-free marketplace Shopo, which was recently shutdown. Prior to Snapdeal, Komaravelly worked with organizations like Accenure. Grabbon, Unilever among others.

Exits at Snapdeal was reported after the company appointed Housing.com’s Jason Kothari as its Chief Strategy and Investment Officer.  His appointment at the ecommerce company could also mean that he was a Softbank appointee at Snapdeal, since Kothari was a Softbank appointee at Housing, after Rahul Yadav’s exit.


C1X hires Vuclip’s Sunil Punjabi as VP and Business Head 

Digital advertising and marketing firm C1X has appointed Sunil Punjabi as Vice President (VP) and Business Head for the company’s South Asia operations. At C1X, Punjabi will overlook the company’s growth strategy and deal with clients across India and the whole of South Asia. He will report to Rammohan Sundaram, Managing Director & SVP at C1X. Prior to joining C1X, Punjabi worked with the Vuclip, heading its Media Sales team. He also co-founded two companies: AgencyMobi and Networkplay Media. Prior to this, he worked with Yahoo has Senior Sales manager and other media companies like UTV, Future Media and The Indian Express Group.


Treebo Hotels appoints Abhishek Sharma as Chief Operating Officer 

Online hotel aggregator Treebo Hotels has appointed Abhishek Sharma to its Founders’ Office cell,  reports ET. At Treebo, Sharma will take care of the company’s key cross-functional projects. Prior to this, Sharma worked with logistics company Opinio as COO. He also worked with companies like Accenture. HereNow. o3 Capital, Deloitte among others.



CleverTap appoints Almitra Karnik as Head of Marketing & Global Growth 

Analytics platform CleverTap has appointed of Almitra Karnik as Head of Marketing & Global Growth. At CleverTap, she will oversee growth across the company’s global markets, managing brand strategy, digital, content and partner marketing along with public and analyst relations efforts. Prior to joining CleverTap, Karnik led product marketing initiatives at Twilio, and with Splunk on its global brand recognition strategy. She also has experience as marketing manager for companies like Cisco Systems and EMC Corporation in the past.

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