Times Internet has promoted Puneet Gupt as COO with immediate effect, the company said in a statement. Gupt has been the head of Times Internet’s news business since 2011 and with the Times Group for over 10 years. During his tenure, the company launched eTimes, GadgetsNow, and NewsPoint. The company says Times Internet’s news business saw a 6.5x increase under Gupt.

According to his LinkedIn profile, Gupt was VP and business head of Times of India Digital (web and mobile) for over 4 years from 2012. He managed the digital business of 11 brands in Times Internet, including TOI Digital. He served as COO of Times Internet’s news division since May 2016, where, according to him, he led TOI to a 5x growth in revenue and users. He also managed the Indic language business across 8 languages, and claims that he led it to a 7x growth.

Gupt was the product head at Times Group’s real estate portal MagicBricks until 2009. He has also been with hCentive Inc, Unicon Financial Intermediaries, Global Logic, and Infosys and Aztec.

Times Internet claims to have 400 million monthly unique users.

Recent moves at Times Internet

  • In July, Times Internet’s chief revenue officer departed for Hotstar as Senior VP.
  • In November, Times Internet’s Dineout acquired SaaS startup Torqus for an undisclosed amount. Dineout also acquired Gourmet Passport earlier this year.
  • Starting October, ETMoney lets users switch their mutual funds to zero-commission direct mutual funds.