MAM
Stone Sapphire India Pvt Ltd appoints Shobhit Singh as the CEO
Mumbai: Stone Sapphire India Pvt Ltd, a manufacturing and distribution company, has announced the appointment of Shobhit Singh as chief executive officer (CEO). Previously serving as director, Singh’s new role is a strategic move aimed at enhancing the company’s market position and expanding its reach across various sectors.
Shobhit Singh, who has been instrumental in driving growth and innovation within the company, brings a wealth of experience and a visionary approach to his new role. Under his leadership, Stone Sapphire India Pvt Ltd aims to become the world’s largest iconic distribution brand company, focusing on relevance and value-added products across multiple categories.
“I am honoured to step into the role of CEO and lead Stone Sapphire into its next phase of growth,” said Stone Sapphire India Pvt Ltd CEO Shobhit Singh. “Our vision is to bring iconic and relevant brands to the Indian retail market, catering to diverse customer needs. We aim to achieve a significant milestone of clocking INR 1,000 crore in revenue over the next four years while maintaining our commitment to quality and customer satisfaction.”
Stone Sapphire India Pvt Ltd, known for its diverse product range, including toys, stationery, homeware, and sports equipment, is set to adopt a sector-agnostic approach. The company plans to expand its portfolio to include fast-moving consumer goods (FMCG) and other household categories. This strategic shift aims to capture a larger share of the Indian retail market by introducing brands that bring value and relevance to customers.
“Stone Sapphire’s journey started with a strong focus on kids’ products, but we are now moving towards a broader market presence,” added Singh. “Our goal is to cultivate purpose-driven brands that not only meet customer needs but also enrich the lives of our employees, dealers, and distributors. We are committed to creating a business that is relevant to all stakeholders, including suppliers, consumers, investors, and partners.”
In addition to expanding the product portfolio, Stone Sapphire India Pvt Ltd is focused on strengthening its distribution network. The company recently opened a new office in Noida in addition to its offices in Mumbai and Baroda, along with depots in Delhi and Bangalore. This expansion is part of a larger strategy to make the company’s distribution system more robust and efficient.
“We believe that our people are the cornerstone of our success,” said Shobhit Singh. “We are investing in hiring top talent at various levels, including CXOs, to bring best practices and professional expertise into the company. Our aim is to create a business that thrives on innovation, technology, and strategic growth.”
Outside of his professional responsibilities, he enjoys sports and meditation. His commitment to personal well-being and continuous learning reflects the company’s values of positivity and persistence.
With Shobhit Singh at the helm, Stone Sapphire India Pvt Ltd is poised for a transformative journey, aiming to set new benchmarks in the Indian retail market.
Brands
Magellanic Cloud names Syed Ameeruddin CEO of e-surveillance arm
Keeping a sharper eye on the future, Magellanic Cloud is putting a seasoned watcher in charge.
MUMBAI – Magellanic Cloud Ltd. has elevated Syed Ameeruddin as Chief Executive Officer of its e-surveillance business, bringing its iVIS and Provigil operations under a unified leadership to accelerate growth in intelligent monitoring and infrastructure solutions.
Ameeruddin, a nearly two-decade veteran of the company, steps into the role after leading the e-surveillance vertical. His career trajectory—from Business Development Manager to the top of the vertical—reflects a steady climb built on operational depth, client engagement, and strategic execution across multiple subsidiaries.
Over the years, he has played a central role in expanding the company’s footprint, strengthening client relationships, and streamlining operations. He has also been instrumental in integrating acquisitions, helping align new businesses with Magellanic Cloud’s long-term strategy while stabilising performance across diverse domains.
More recently, Ameeruddin has contributed to securing key mandates spanning railways, the National Highways Authority of India, and the BFSI sector—wins that have bolstered the company’s order book and deepened its presence in critical infrastructure.
Commenting on the move, Joseph Sudheer Thumma said Ameeruddin’s leadership has been “pivotal in shaping the e-surveillance business,” citing his ability to drive growth, build teams, and deliver strategic wins as key to the company’s journey. His elevation, Thumma added, is expected to further accelerate expansion in AI-driven surveillance and infrastructure solutions.
The transition comes as demand surges for AI-enabled monitoring, centralised command systems, and large-scale deployments across mission-critical environments. Magellanic Cloud’s e-surveillance segment—anchored by iVIS and Provigil—has emerged as a significant growth engine, delivering projects across banking, transport, highways, and public infrastructure.
In his new role, Ameeruddin will focus on scaling platform capabilities, expanding deployments in complex environments, and developing integrated solutions that enhance real-time intelligence and operational resilience. He will continue to serve as Chief Operating Officer of the company alongside his new responsibilities.
With this leadership shift, Magellanic Cloud is doubling down on its ambition to stay ahead in India’s rapidly evolving surveillance ecosystem—where seeing, increasingly, is not just believing, but predicting.
