MAM
Upgrad taps Sunita Mohanty to steer revenue ship into global waters
MUMBAI: When a growth rocket needs fuel, you call in a heavy hitter. And that’s exactly what Upgrad Enterprise has done by appointing Sunita Mohanty as its new revenue head. Effective March 2025, the skilling juggernaut has onboarded the industry veteran to supercharge strategy, scale partnerships, and rake in revenues from India to the middle east—and a few time zones beyond.
Announced on 2 April 2025, this strategic hire marks a bold step as Upgrad doubles down on its mission to build a future-ready workforce through enterprise learning. Mohanty isn’t just bringing her suitcase to the Bengaluru HQ—she’s bringing a two-decade track record of turning chaos into quarter-on-quarter miracles.
Armed with 25+ years of firepower across Wipro, Oracle, Capgemini, Sodexo, and most recently, SAP (where she led cloud success services for the Indian subcontinent), Mohanty has seen it all. Sales, delivery, customer success, P&L management—she’s the kind of leader who’ll not just move the needle but replace it with a laser pointer.
“It’s an exciting growth phase for us – we are doubling down on our business and leadership, to ensure continued growth. Sunita brings core capabilities in building and scaling high-impact enterprise solutions while also driving stronger customer engagement. Her strategic acumen will help us unlock new market opportunities and scale into newer regions to support global organisations build a future-ready talent pipeline for effective business ROI,” said Upgrad Enterprise CEO Srikanth Iyengar.
Mohanty’s playbook will focus on expanding global enterprise partnerships, especially with India HQ organisations, GCCs and multinational players. Her sharp focus? GenAI, emerging tech, and the skilling solutions that make CFOs smile.
“The rapid shifts in macroeconomic conditions and disruptive technological advancements are compelling businesses to rethink their workforce strategies. Organisations are no longer just adapting but actively future-proofing their talent to stay ahead in an ever-evolving landscape. For Upgrad Enterprise, this is an exciting opportunity to be a strategic partner in shaping the workforce of tomorrow. By bridging critical skill gaps and equipping employees with future-ready capabilities, we are driving not just learning, but transformation. I’m thrilled to be part of this next phase of growth and impact at Upgrad,” said Mohanty.
An alumna of Xavier Institute of Management, Bhubaneswar, Mohanty will be based in Bengaluru. With a career crafted at the crossroads of tech and transformation, her arrival signals Upgrad’s serious push into global C-suite conversations.
Brands
Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
