MAM
Cuemath bolsters leadership team with key appointments
Mumbai: Cuemath, the global math tutoring platform, has announced several new senior appointments as it continues the reorganisation of its leadership team. The company onboarded Samir Kulshresth as CFO, Nisha Popli as CHRO, Janardan Singh as chief of sales, and Anushray Gupta as chief product and technology officer ahead of its next growth phase.
Samir and Nisha have joined Cuemath already, with Janardan and Anushray’s appointments effective from January 2022. All the new hires will report to Vivek Sunder, who was newly appointed as CEO in October.
“As we prepare for our next wave of growth, these leadership changes will strengthen governance in Cuemath 3.0 and support our goal of a presence in 50 countries and becoming a global math leader,” stated Cuemath founder and chairman Manan Khurma. “With Vivek at the helm, supported by this senior leadership talent, we are poised to scale greater heights.”
Samir, a chartered accountant, has over 19 years of financial management experience across the e-commerce, healthcare, telecom & IT/ITES industries. He has held previous roles at Practo, Fortis Healthcare, Genpact, and Indus Towers.
Janardan has over 20 years of business leadership experience with expertise in scaling up in the ed-tech industry. His last assignment was with ClassKlap as its founder and COO.
Nisha has over 19 years of experience in directing human resources programs for leading businesses, including the Big Four accountancy firms and leading global professional services firms globally. Prior to Cuemath, she was heading HR for Moglix India, a B2B e-commerce start-up. She has also worked as the head of people office for the small format business of Future Group India, global HR head with The Smart Cube, and other HR roles with KPMG, Grant Thornton, and Ernst & Young.
Anushray is rejoining Cuemath having originally built the company’s engineering and product team as CTO. He then moved to Udaan as product lead for their grocery vertical where he was key in increasing market share.
“The new array of dedicated leaders makes me more confident and committed to entering this new chapter of Cuemath’s growth and integrating our diverse knowledge and expertise in realising the company’s vision,” said Vivek Sunder, welcoming new appointees on board.
Brands
Dabur buys minority stake in Ras Beauty for Rs 60 crore
Dabur Ventures deal backs fast-growing luxury skincare brand
MUMBAI: Dabur India Limited has dipped into the world of luxury skincare, signing a definitive agreement to acquire a minority stake in Ras Beauty Private Limited for Rs 60 crore. The investment marks the first bet from Dabur Ventures, the FMCG major’s Rs 500 crore platform set up in October 2025 to back high-potential, new-age direct-to-consumer brands.
Founded in Raipur by Shubhika Jain, her sister Suramya Jain and their mother Sangeeta Jain, Ras Beauty has grown from a family-led passion project into a fast-scaling “Farm-to-Face” skincare label. Its range of face elixirs, serums and moisturisers blends essential oils with nature-derived actives, striking a balance between botanical purity and laboratory precision.
The numbers tell their own story. Ras has clocked a three-year Cagr of around 75 per cent and an annual run rate of approximately Rs 100 crore, all while maintaining strong gross margins. That growth has been fuelled by a digital-first approach, in-house R&D and manufacturing, and a sharp focus on clean, sustainable sourcing.
Dabur India executive director and group head corporate strategy Abhinav Dhall, said the company was drawn to Ras’s distinct positioning at the intersection of nature, science and luxury. He added that the premium beauty segment is poised for robust expansion over the coming decade, and that Ras is well placed to capture that opportunity.
For Ras, the partnership is as much about scale as it is about shared philosophy. Co-founder and CEO Shubhika Jain said Dabur’s 141-year legacy of building trusted, purpose-led brands makes it a natural ally. The capital infusion, she noted, will help accelerate the brand’s omnichannel footprint, deepen research capabilities and invest in team and brand building, with an eye on establishing Ras as a leading Indian luxury skincare name both domestically and overseas.
With this move, Dabur is not just investing in a skincare label. It is placing an early wager on India’s growing appetite for premium, conscious beauty, and signalling that heritage FMCG players are ready to play in the new-age D2C arena.
