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CleverTap appoints Sidharth Malik as global CEO

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Mumbai: User engagement and retention cloud CleverTap has expanded its core leadership with the appointment of Sidharth Malik as global CEO. The announcement comes as CleverTap accelerates its international growth and builds new capabilities to help digital consumer brands increase its customer retention and foster lifetime value. 

Malik comes with a track record of building and leading dynamic organisations in competitive markets. Formerly the chief revenue officer at Freshworks, a SaaS provider of customer experience solutions, he was instrumental in scaling its business from a single product to a multi-product platform with a global footprint.

Malik’s appointment marks a new chapter in CleverTap’s journey. Under the leadership of co-founder and founding CEO Sunil Thomas, the company has penetrated new markets and achieved $45 million in annual recurring revenue in less than six years of monetisation, with a 235 per cent compounded average growth rate. 

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“Sidharth’s passion, insights and leadership skills, coupled with his experience in helping take a world-class SaaS startup from India to the world, make him the right leader at the right time for CleverTap. His appointment significantly strengthens CleverTap’s core foundation and leadership team, preparing the company to scale globally and chart to an IPO,” said Thomas. 

To further realise the company’s strategic vision, Thomas will assume the role of executive chairman and focus on scaling innovation and strategic direction for CleverTap, while Malik will help provide leadership for organisation-building and day-to-day business execution, said the statement.

CleverTap chief growth officer Vikrant Chowdhary stated, “It’s so heartening to have Sidharth come on board as CEO to partner with me as we scale the business for faster growth, while Sunil focuses on innovation and strategic initiatives with a founder’s mindset. We are extremely confident in our ability to execute our growth charter and expand global leadership in our category.”

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Uniquely positioning itself as a full-stack retention cloud, CleverTap has introduced an entirely new product category and expanded its capabilities. Earlier this month, the company further cemented its position with the acquisition of Patch, a technology designed to provide seamless, contextual and secure communications between companies and consumers.

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MAM

Toyota appoints Kenta Kon as President & CEO

New leader to steer EV push and global innovation amid industry shift.

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MUMBAI: Toyota just handed the keys to a new driver because when the road to electric mobility gets twisty, you need someone who knows how to accelerate without skidding. Toyota Motor Corporation has named Kenta Kon as its new president and chief executive officer, a key leadership transition as the Japanese giant doubles down on its transformation in the fast-evolving global automotive landscape.

Kon brings deep expertise in automotive innovation, business strategy, and operational leadership to the top job. His appointment signals Toyota’s intent to sharpen focus on accelerating electric mobility, strengthening worldwide operations, and pushing customer-centric breakthroughs in next-generation technologies.

The company is betting on Kon to guide it through the industry’s pivotal shift toward sustainability, digital integration, and smarter mobility solutions. Key priorities under his watch include ramping up electric and hybrid lineups, expanding global market reach, driving cutting-edge automotive R&D, tightening supply-chain efficiency, and scaling connected and intelligent vehicle ecosystems.

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This move comes at a time when legacy automakers face intense pressure to balance heritage strengths with aggressive electrification timelines and software-defined vehicle demands. Toyota aims to reinforce its position as a leader in sustainable, reliable, and future-ready mobility while navigating competitive challenges from both traditional rivals and new-age EV players.

For a brand that’s long defined durability and innovation, Kon’s elevation isn’t just a title change, it’s Toyota flooring it toward the next lap, ready to turn today’s tech talk into tomorrow’s showroom reality.

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