MAM
Specsmakers names industry veteran S Shriram as VP, sales & marketing
Mumbai: Optical retailer Specsmakers has announced the appointment of S Shriram as vice president – sales & marketing with a deep focus on the upcoming business prospects. In his new role, Shriram will oversee store operations, business expansion and handle strategic marketing.
The company said it is expanding aggressively through a mix of company-owned as well as franchised stores and plans to have 300 operational stores by the end of FY 21-22 and subsequently reach 1,000 stores by 2025. “The new stores for the current year will come up in existing markets of Tamil Nadu, Karnataka & Andhra Pradesh while rest of South India will be targeted in the next financial year,” it added.
A veteran of more than 24 years in the retail industry, Shriram has worked with companies like RPG Group, The Future Group, Café Coffee Day, and Royal Enfield (Eicher Motors). In 2006, he joined India’s first private greenfield airport at Bangalore (BIAL) where he was solely responsible for designing, conceptualizing, and operationalising the entire retail & commercial areas. In his most recent role at Levista Coffee, Shriram managed to grow its retail presence from 26,000 to 79,000 stores pan-India.
Commenting on the new appointment, Specsmakers founder & CEO, Pratik Shah said, “We are delighted to have Shriram join us. With his experience across several retail formats over the past two decades, I believe he is a great value addition to our team and I am confident that he will aid the company to scale up to 1,000 stores pan-India by 2025.”
Shriram added, “I have seen this brand grow from a single store in Chennai a decade and a half back to a 240+ strong retail chain now. I have seen their stores even in small towns like Kumbakonam and Mysore while also brushing shoulders with formidable competition in Chennai & Bangalore. I am hugely excited with this opportunity and happy to be doing what I love the most – managing large teams, opening stores, and driving memorable customer experiences.”
MAM
Beacon Group appoints Dr Rajesh Patel as Group CEO
36-year healthcare veteran to lead Beacon Diagnostics, Vector Biotek, Biogeny.
MUMBAI: A new chief, a fresh diagnosis and a sharper prescription for growth. Beacon Group has appointed Dr Rajesh Patel as its Group Chief Executive Officer, effective April 1, 2026, signalling a decisive push to scale its presence in the diagnostics and IVD space. Patel steps into the role with 36 years of experience across the healthcare and diagnostics industry, bringing a career shaped by leadership roles spanning sales, marketing, business development and operational strategy. His mandate is both expansive and precise: to steer the group’s overall strategic direction while tightening coordination across its three core entities Beacon Diagnostics, Vector Biotek and Biogeny Diagnostics.
In practical terms, that means driving cross-company synergies, accelerating market expansion and strengthening organisational capability areas increasingly critical as diagnostic players compete for scale in a fragmented yet rapidly evolving healthcare ecosystem. The group is positioning itself to capture unmet demand across chain laboratories, key accounts and standalone labs, segments that remain underserved despite growing diagnostic needs.
The appointment comes at a time when the In Vitro Diagnostics (IVD) sector in India is entering a more competitive and innovation-led phase, with companies focusing not just on product pipelines but also on service delivery, integration and customer-centric models. Beacon’s leadership appears to be betting that Patel’s execution-focused approach can help translate ambition into operational momentum.
Welcoming the appointment, Chairman Dr D K Joshi described Patel’s induction as a strategic move aligned with the group’s long-term vision, emphasising the role of leadership depth in navigating the next phase of growth.
For Beacon Group, the message is clear, in a sector where precision matters, leadership is the new differentiator—and this appointment is intended to set the tone for what comes next.
