Brands
AION-Tech names Biju Mathews as president and ceo
Veteran tech executive takes charge as firm pivots to platform-led, analytics-driven scale
Hyderabad: AION-Tech Solutions has turned to a seasoned operator to script its next chapter. The listed business intelligence and IT services firm has appointed Biju Mathews as president and chief executive officer, signalling a sharper push towards platform-led growth and long-term value creation.
AION-Tech Solutions Ltd., formerly Goldstone Technologies, framed the move as a strategic reset aimed at accelerating organisational growth and strengthening value creation in a market that rewards scale, predictability and capital discipline.
Mathews arrives with more than 32 years of experience spanning enterprise technology, analytics platforms, digital commerce, media and EV mobility. His career has been built around steering companies through inflection points, strategic resets and business-model transitions, often in high-pressure, margin-sensitive environments. His toolkit includes enterprise strategy, fundraising, partnerships and operational transformation, with a tilt towards shifting firms from services-heavy models to platform, SaaS and analytics-led revenues.
“AION-Tech is entering a pivotal phase of evolution as we sharpen our focus on platform-led growth and long-term value creation. Biju brings clarity of vision, operational maturity, and the leadership depth required to steer the organization through this next chapter. The Board looks forward to working closely with him as we continue to strengthen our strategic positioning and execution focus,” said Chanakya Bellam, director, AION-Tech Solutions.
Mathews most recently served as chief executive officer of ETO Motors, where he helped position the firm in clean mobility. His stint focused on expanding EV fleets, strengthening deployment capabilities and forging partnerships to improve operating efficiency in a capital-intensive sector.
“Technology and data are increasingly central to how enterprises make decisions, drive resilience, and create measurable impact. AION-Tech has a strong foundation and significant opportunity to scale its analytics and platform-led capabilities. I look forward to working closely with our teams and stakeholders to strengthen execution discipline, enhance delivery predictability, deepen client relationships, and build sustainable long-term value,” said Mathews.
Before ETO, Mathews spent over eight years at Abhibus in the online commerce space, serving as chief operating officer and chief strategy officer. There he led business development, sales, marketing and operations, working with the board to scale the platform, widen services and institutionalise performance frameworks in a competitive digital market.
Earlier, he logged nearly two decades at the Indian Express Mumbai Group as vice president, handling business and financial management, restructuring, revenue strategy and operating-model shifts. The mix of digital and infrastructure-linked businesses, the company says, gives him a dual lens on innovation and operational risk.
Known for a hands-on management style and a strong boardroom presence, Mathews has often been tasked with moving firms from founder-led setups to process-driven, institutionally run enterprises. His appointment, AION-Tech argues, underlines a push towards tighter governance, clearer execution and scalable growth.
Founded in 1994, AION-Tech positions itself as a full-stack data analytics and sustainable solutions player, offering services in data planning, sustainability and zero-emission platform development. The pitch is speed and impact—cutting time-to-value so clients can turn data into business outcomes faster.
For AION-Tech, the bet is that disciplined leadership can unlock the next curve of growth. For Mathews, the mandate is blunt: scale up, tighten execution and make the numbers talk. In a market that has little patience for drift, the clock is already ticking.
Brands
Burda Media sells BurdaLuxury to Jaipur Capital in Southeast Asia push
Deal hands regional media portfolio to Singapore investor eyeing luxury growth
MUMBAI: Burda Media has agreed to sell its Southeast Asia-focused business, BurdaLuxury, to Jaipur Capital, marking a strategic shift for both companies as they double down on their respective growth priorities.
The deal will see Jaipur Capital acquire BurdaLuxury’s media operations across Thailand, India, Singapore, Malaysia and Hong Kong. The portfolio spans content marketing and media brands in travel, luxury and aviation, giving the investor a ready-made regional footprint and a sizeable audience base.
Jaipur Capital plans to build on this foundation to create a premium media network in Southeast Asia, blending high-end editorial with scalable digital platforms. As part of the transaction, all BurdaLuxury employees, including its management team, will move to the new owner, ensuring continuity as the business enters its next phase.
For Burda Media, the sale is part of a broader strategy to sharpen its focus on core European markets while scaling investments in digital-first opportunities. The company will, however, maintain its interest in the region through Burda Principal Investments, its global growth capital arm.
“This transaction reflects our commitment to sharpening our international focus while ensuring that BurdaLuxury continues to thrive in Southeast Asia,” said Burda Media CEO Jan Wachtel, adding that Jaipur Capital recognises the strength of the brands and teams involved.
Jaipur Capital, meanwhile, is betting big on the region’s appetite for premium content. “This acquisition significantly strengthens our premium content ecosystem,” said Jaipur Capital director Vikas Johari. He highlighted the business’s strong digital tilt, with 46 per cent of revenues coming from online channels, alongside a diversified presence across five markets.
The numbers tell a compelling story. BurdaLuxury clocks 48 million annual page views and reaches more than 40 million followers on social media, with no single market contributing over a quarter of total revenues. Jaipur Capital now aims to expand these brands further into Indonesia, Vietnam and the Philippines, while also exploring opportunities in the Middle East, including the UAE and Saudi Arabia.
With this deal, Burda Media trims its global footprint to focus on depth over breadth, while Jaipur Capital steps onto a bigger stage in the premium content space. If execution matches ambition, this could be a defining chapter for luxury media in the region.
