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InMobi CFO joins Practo, Freecharge has a new CEO and Snapdeal loses its CPO – 10 industry movements that shook Indian startups in May

Source | Yourstory : By TARUSH BHALLA

Flipkart deferring placements, Helpchat firing some of its employees and InMobi losing a chunk of its top management. May, it seems like, is a tough month for big startups, at least in terms of their talent. But that hasn’t stopped the smaller ones from hiring and signing these top executives onto their teams.

yourstory-HR Roundup-May
Anand Chandrasekaran (L), Kunal Shah (C) and Govind Rajan (R) at a Snapdeal event before the HR changes

With big shuffles happening, here’s a peek into the top executive movements that caught our eye in May:


  • InMobi CFO Manish Dugar quits, joins Practo

The news came on May 2 that healthcare startup Practo had appointed Manish Dugar as its global CFO.  In March, Practo was seen foraying into the Brazilian turf by setting foot in São Paulo, Brazil. The startup is already present in Singapore, Indonesia and the Philippines. Apart from the CFO duties, Manish is also tasked with scaling Practo’s business across geographies.

Manish was working as the CFO in native advertising firm InMobi since June 2013. Prior to InMobi, he held key positions in Wipro, acting as the CFO for the company’s IT Business as well as the CEO for its BPO business globally.


  • Anand Chandrasekaran quits Snapdeal

Having been dethroned from the second position, e-commerce marketplace Snapdeal saw its Chief Product Officer Anand Chandrasekaran quit to pursue entrepreneurship. Having joined in June last year, Anand was running a product for Bharti Airtel before this and had also served as senior director for search products at Yahoo Inc., in the Silicon Valley.

Anand co-founded Aeroprise, a mobile applications software company, which was acquired by BMC Software in 2011.

Further, Snapdeal’s rival Flipkart also lost its Chief Product Officer Punit Soni in April this year.


  • Govind Rajan becomes the new CEO and Chairman of Freecharge

Not just Snapdeal, but also its subsidiary Freecharge saw major appointments, with Govind Rajan appointed as the CEO of the company. Co-founder Kunal Shah was elevated to the post of the Chairman.

Joining in August 2015, Govind was the Chief Operating Officer (COO) of Freecharge and the Chief Strategy Officer of Snapdeal.  In his previous roles, Govind was the Chief Marketing Officer (B2C) at Bharti Airtel and concurrently also served as the CEO for Airtel Money.

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