Brands
Cars24 CEO Himanshu Ratnoo to step down, Vikram Chopra takes the reins: Reports
Co-founder Vikram Chopra will lead India’s used car business after Ratnoo exit
MUMBAI: According to media reports, Himanshu Ratnoo is stepping down as CEO of Cars24, handing the reins to co-founder Vikram Chopra, who will now lead the India used cars business.
Ratnoo, an IIM Calcutta alumnus, joined Cars24 in 2020 as vice president before becoming CEO in July 2024. Over the past year, he has driven strategic growth and innovation in the country’s bustling used car market.
Before Cars24, Ratnoo built an impressive track record across India and Southeast Asia. He led logistics operations at foodpanda and Jabong, scaled last-mile delivery for Rocket Internet across multiple countries, and served in senior strategy roles at BlackBuck. He also co-founded Uncover Wellness and Meddo Health, showcasing his entrepreneurial flair.
A graduate of BITS Pilani with a BE in Computer Science, Ratnoo began his career at the Aditya Birla Group and had a stint at Barclays in London, adding global experience to his extensive leadership résumé.
Vikram Chopra, who co-founded Cars24 and knows the business inside out, now faces the challenge of keeping momentum in one of India’s most competitive digital marketplaces. The move signals a new chapter for Cars24 as it accelerates its growth in the booming used car segment.
Brands
Devyani International names Sandeep Anand, Robinder Singh in key roles
Pizza Hut and Costa Coffee businesses see leadership refresh from April
MUMBAI: Devyani International has strengthened its senior leadership bench with a fresh set of appointments across its key brands, Pizza Hut and Costa Coffee, signalling a sharper focus on growth and brand momentum.
The company has appointed Sandeep Anand as chief marketing officer and business head for Pizza Hut. His appointment, approved by the board via a circular resolution on April 3, follows a recommendation by the Nomination and Remuneration Committee, as reported by CNBC-TV18. Anand will officially step into the role on April 6, 2026.
He takes over from Vijay Gogate, who currently serves as chief executive officer for Pizza Hut within the company’s operations. The move marks a strategic transition as the brand looks to sharpen its marketing and business playbook in a competitive quick service restaurant market.
Anand brings over two decades of experience across the food and FMCG sectors, with a strong track record in brand building and innovation. His career spans roles at major consumer-facing companies including Domino’s, Zydus Wellness, Zomato, GSK Consumer Healthcare, Reckitt and Ranbaxy, giving him a well-rounded perspective on both scale and agility.
Alongside this, Robinder Singh has been appointed business head for Costa Coffee and the company’s airport operations. He too will assume his new role on April 6, bringing more than 18 years of experience in operations, business expansion and customer experience transformation.
The twin appointments come at a time when Devyani International is doubling down on leadership depth to steer its portfolio through evolving consumer preferences and heightened competition. With fresh faces at the helm of two key verticals, the company appears set to brew up its next phase of growth with renewed energy.
