MAM
Simran Kodesia takes charge of communications at Peak XV Partners
MUMBAI: Peak XV Partners, the venture capital firm spun out of Sequoia Capital’s India and Southeast Asia operations, has appointed Simran Kodesia as head of communications. Based in India, she will be responsible for shaping and protecting the firm’s reputation across India, Southeast Asia and the US
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Kodesia brings 17 years of international communications experience across consumer technology, hospitality and media. She joins Peak XV from DoorDash in San Francisco, where she spent nearly four years as director of international communications, steering the food-delivery giant’s consumer and technology narrative, managing global media relations and handling crisis strategy.
Prior to that, she played a central role in Airbnb’s India and Southeast Asia expansion, helping to embed the brand in new markets and reframe travel culture through campaigns focused on community and conscious tourism. She has also held senior positions at The Claridges Hotels & Resorts, ixigo, and Hill+Knowlton Strategies, where she worked with marquee clients including Hyatt Hotels Corporation and Sony Entertainment Television on pre-opening launches, brand positioning and new-channel roll-outs.
Colleagues describe her as a values-driven leader with a flair for storytelling that scales. Over the years she has built and led award-winning campaigns in collaboration with global influencers, founders and senior executives. Her expertise spans influencer marketing, strategic and corporate communications, crisis management and public affairs.
Educated at the International School of Communication in London, with further training at the University of Zurich, Kodesia says she is motivated by building platforms that allow founders and brands to “tell authentic stories at scale.”
For Peak XV, which manages over $9bn in assets and backs companies such as Zomato, Freshworks and GoTo, her appointment signals a renewed focus on narrative discipline as competition intensifies among venture firms in Asia and scrutiny of tech investors grows sharper in Washington and beyond.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
