MAM
Ashwin Sheth Group appoints Bhavik Bhandari as CSMO
Mumbai: In a strategic move aimed at advancing its growth trajectory, Ashwin Sheth Group a leading real estate company proudly introduces Bhavik Bhandari as the newly appointed chief sales and marketing officer (CSMO).
With a proven track record as a mentor and a leader, real estate enthusiast, and advocate for design-driven residential enhancements, Bhandari is set to spearhead the sales and marketing division. His wealth of experience encompasses several esteemed real estate firms, including Raheja Universal, Kanakia Spaces, Radius Developers, Kalpataru Limited, and Puravankara. Over his distinguished career trajectory of over 2 decades, he has demonstrated remarkable proficiency in sales, marketing, customer relationship management, operations, business development, and strategic planning.
Commenting on the appointment, Ashwin Sheth Group chairman and MD Ashwin Sheth said “We are pleased to welcome Bhavik Bhandari to our team. His impressive track record in demanding positions is a great fit for our senior leadership team. His knowledge and extensive experience in sales, marketing, CRM and strategy, will greatly benefit our organization in achieving our growth objectives. Our goal is to expand and strengthen Ashwin Sheth Group’s presence, thereby further strengthening our brand value.”
On joining Ashwin Sheth Group, Ashwin Sheth Group chief sales and marketing officer (CSMO) Bhavik Bhandari said “I am delighted to be a part of the Ashwin Sheth Group, a prestigious and established name in the real estate industry. I am looking forward to assist the organization with thoughtful and creative marketing campaigns, developing better consumer relations and spearhead communications in helping the group reach new heights. With my prior experience in the sector, I am looking forward to being a catalyst to the hyper growth and expansion strategy on the horizon for Ashwin Sheth Group.”
Adding on to the appointment, Ashwin Sheth Group chief human resources officer (CHRO) Prabhakar Azad said “We are pleased to welcome Mr. Bhavik Bhandari to our senior management team. His addition will further strengthen our leadership team to fulfil our aggressive growth & expansion plans. In the recent past, we have hired exceptional professionals at CXO levels to give a boost to our professional work culture”.
Brands
upGrad acquires Internshala in 90 per cent stock deal to own career funnel
Deal aims to scale Internshala’s revenue from Rs 45 crore to Rs 100 crore
MUMBAI: upGrad has acquired Internshala, the world’s largest internship and early-talent marketplace, in a bid to stitch education, skilling and employment into a single career pipeline.
The transaction, announced on 26 February, is structured as a 90 per cent stock-swap, with the financial terms undisclosed. The deal deepens upGrad’s push to control the full career lifecycle, from learning to hiring, at a time when India’s skilling economy is under pressure to deliver outcomes, not just credentials.
Founded in 2010, Internshala claims more than 34 million registered users and 450,000 employers, with roughly 3 million active applicants each year. Over 40 per cent of its users come from tier 2 and tier 3 cities, and most of the platform’s traffic is organic. The company currently reports an annual revenue base of Rs 45 crore.
Under upGrad’s ownership, Internshala is expected to scale aggressively. The company aims to grow the platform’s revenue to Rs 100 crore and beyond, backed by increased investment in product development, AI-led talent matching and enterprise hiring solutions.
Internshala will continue to operate as an independent brand, led by its founder and CEO Sarvesh Agrawal, while tapping into upGrad’s technology stack, distribution and learning ecosystem.
“Education and employment in India have operated in silos for too long,” said upGrad head of corporate strategy and growth Chirag Samdaria. He said the acquisition strengthens the earliest and most consequential stage of the career journey, where intent is high and outcomes can be shaped.
Agrawal described the deal as a natural convergence of learning and opportunity, adding that the partnership would allow Internshala to skill millions of candidates and supply pre-trained talent to employers at scale.
Investec acted as exclusive financial adviser to Internshala.
The acquisition marks a strategic milestone for upGrad as it seeks to position itself not merely as an education provider, but as an end-to-end workforce development platform aligned with India’s evolving labour market.
