MAM
O&M promotes Renuka Jaypal to chairman Ogilvy Indonesia
MUMBAI: Former OgivlyOne Worldwide president in India Renuka Jaypal has been promoted to chairman Ogilvy Indonesia, with effect from early June this year.
Commenting on the appointment, executive chairman and national creative director Piyush Pandey says, “This well deserved move is yet another example of India’s ability to export expertise into the region and I wish Renuka all the success as she prepares to make this next step.”
Speaking to Indiantelevision.com Jaypal says that as part of her responsibilty she would oversea the operations of the individual units including OgilvyOne, Oglivy PR and Ogilvy Activation.
Jaypal in her second stint returned to Ogilvy in 1999 to service Parle, Asahi and what was then the MaxTouch account.
She was designated to national business director – telecom in 2002, and headed the Pan-India 360 team that launched the Hutch brand which grew to become a 360 flagship business for Ogilvy India and win many accolades including ‘Campaign and Client of the year’ for consecutive years.
In 2004 she took on the additional responsibility of OgilvyOne India as president handling the offline and digital business.
Brands
Ujjwal Jain steps down from PhonePe’s Share.Market to start new chapter
Founder behind WealthDesk and OpenQ exits after decade-long fintech journey
BENGALURU: Ujjwal Jain, the entrepreneur behind platforms such as WealthDesk and OpenQ, has stepped down from his role as chief executive of Share.Market, the investing platform backed by PhonePe, marking the end of a decade-long journey in India’s capital markets space.
In a reflective note, Jain described his journey from launching WealthDesk in 2016 to building a broader ecosystem that eventually became part of PhonePe. Over the years, his ventures focused on bringing data-driven investing tools and model portfolios closer to retail investors, a space that has seen rapid evolution alongside the rise of discount broking.
WealthDesk introduced curated “WealthBaskets” to simplify portfolio investing, while OpenQ expanded access to quantitative research and analytics. Both platforms were later acquired by PhonePe, forming the backbone of Share.Market, which Jain helped scale as a mass-market investing product.
Calling the experience “brutal” yet deeply fulfilling, Jain credited colleagues, investors and industry partners for shaping the journey, highlighting the role of the PhonePe team in building Share.Market into a large-scale platform.
His exit comes at a time when artificial intelligence is beginning to reshape financial services globally. Jain indicated that his next move will focus on this shift, hinting at a renewed push into the intersection of AI and capital markets.
Prior to his entrepreneurial stint, Jain worked with MSCI Inc. on index products and technology, and with D. E. Shaw India Financial Services in algorithmic trading and high-frequency systems.
While he has not disclosed specifics of his next venture, Jain framed the move not as a departure but a reset, signalling that his next chapter will aim to tackle even larger challenges in India’s evolving investment landscape.
With one chapter closed and another underway, the focus now shifts to what Jain builds next in an increasingly AI-first financial world.
