MAM
Bajaj Electricals appoints Rahul Pundir as chief supply chain officer
24-year P&G veteran to lead unified SCM from 2 March 2026.
MUMBAI: Bajaj Electricals just plugged in a supply chain superstar because when your operations need to run like clockwork, you don’t settle for a dim bulb. Bajaj Electricals Limited has appointed Rahul Pundir as chief supply chain officer, effective 2 March 2026. In this role, Pundir will spearhead the company’s unified supply chain management function, overseeing logistics, manufacturing, sourcing, planning and quality to build greater agility, resilience and efficiency.
Pundir brings over 24 years of global experience from Procter & Gamble, where he led complex supply chain operations across Asia, the Middle East & Africa, India and Japan. Known for driving large-scale digital transformations, he sharpened forecasting accuracy, enhanced manufacturing excellence and strengthened inventory agility in diverse markets.
Bajaj Electricals chairman Shekhar Bajaj said, “We are delighted to welcome Rahul Pundir to the Bajaj Electricals team. Supply chain excellence lies at the heart of how we serve our customers and partners every day. Rahul’s rich global experience and deep operational expertise will further strengthen our capabilities and help us build a more agile, resilient, and future-ready organisation.”
Bajaj Electricals Managing Director and CEO Sanjay Sachdeva added, “We are thrilled to welcome Rahul Pundir to Bajaj Electricals at an exciting phase of our growth. Rahul’s leadership will help us unlock greater efficiencies, elevate service levels, and build a more agile organisation that supports our long-term growth ambitions.”
The appointment comes as Bajaj Electricals headquartered in Mumbai with FY 24-25 turnover of Rs 4,828 crore continues to expand its portfolio across consumer appliances, fans, consumer lighting and professional lighting solutions under the Bajaj and Morphy Richards brands. Part of the $100 billion Bajaj Group founded by Jamnalal Bajaj in 1938, the company has maintained consumer trust for over 87 years through innovation and quality.
In an industry where every link in the chain matters, Bajaj isn’t just adding a new officer, it’s powering up its entire operation, one strategic hire at a time.
Brands
Yaap Digital acquires 60.2 per cent stake in Gozoop in over Rs 150 crore deal
Strategic tie-up keeps Gozoop independent while building scaled ad ecosystem
MUMBAI: Yaap Digital Ltd has acquired a 60.20 per cent stake in Gozoop Online Pvt Ltd, marking a significant consolidation move in India’s independent advertising landscape.
The acquisition, executed through a share purchase cum shareholders’ agreement, forms the first tranche of a broader deal to acquire 100 per cent of Gozoop in phases. The initial stake was picked up for Rs 36.96 crore, giving Yaap majority control and making Gozoop its subsidiary.
Overall, the transaction is valued at over Rs 150 crore, with additional components including a Rs 7.66 crore share swap expected to close within 90 days. Payments related to excess net working capital are slated for completion by July 2026.
Despite the ownership change, Gozoop will continue to operate as an independent brand, retaining its leadership, identity and culture. The focus, both companies say, is on collaboration rather than consolidation.
Founded nearly two decades ago, Gozoop has built a reputation for its people-first approach and long-tenured leadership team, a rarity in an industry often shaped by global network buyouts. Yaap, on the other hand, brings scale and a tech-led marketing ecosystem spanning content, data and performance solutions.
Together, the companies aim to create an integrated network that blends creativity, media, data and technology, offering clients both agility and scale. The partnership also signals a broader ambition to position Indian agencies as global contenders rather than local participants.
With the deal underway in phases, the coming months will be key in shaping how this alliance translates into a unified yet flexible advertising powerhouse.
