e-commerce
Hari V Krishnan to step down as CEO of PropertyGuru group
MUMBAI: In a significant leadership announcement, Hari V. Krishnan has decided to step down as CEO of the Singapore-based PropertyGuru group after nearly a decade of remarkable growth and innovation.
Reflecting on his tenure, Hari highlighted key milestones such as achieving market leadership across regions, expanding into Vietnam, forming a transformative partnership in Malaysia, and leading the company’s public listing on the NYSE.
Hari’s leadership also saw the incubation of new businesses and solutions, multiple funding rounds, and the recent strategic partnership with EQT Group wherein the Swedish alternative investment firm acquired it at a valuation of $1.1 billion and delisted it from the NYSE. He will transition into the role of senior advisor to the board once a new CEO is in place.
PropertyGuru announced that Lewis Ng will take over as CEO in March. With a robust background at global firms such as Seek, TripAdvisor, and Apple, along with prior experience at PropertyGuru, Lewis is poised to lead the company into its next growth phase. Trevor Mather will join as chairman, bringing extensive experience from AutoTrader and Thoughtworks, alongside new board members Janice Leow and Ed Williams.
Hari expressed gratitude to stakeholders, reflecting on his journey of empowering communities to thrive and expressing confidence in the company’s future under new leadership.
Prior to heading the PropertyGuru group, Hari was a well-known executive in India as Linkedin vice president & MD, Asia Pacific & Japan before that country manager for India. He began his career wih Ciso as a product manage/ customer support engineer based in San Jose, moving onto assignments with Yahoo India, travelguru, Myspace, and then Linkedin. He is a mentor and investor in several startops.
e-commerce
Amazon unveils first Trustworthy Shopping Experience Report
32,000 bad actors targeted, 15 million fake products removed in 2025.
MUMBAI: In a marketplace where trust is the real currency, Amazon is showing its receipts. Amazon has released its first-ever Trustworthy Shopping Experience Report, offering a detailed look at how it polices its vast digital shelves from counterfeit crackdowns to scam detection and review authenticity. At the heart of the report is a four-pronged strategy, proactive controls, risk anticipation, enforcement against bad actors, and consumer protection. The scale is staggering. Since 2020, Amazon’s Counterfeit Crimes Unit has pursued over 32,000 bad actors globally through litigation and criminal referrals spanning 14 countries.
The clean-up drive accelerated in 2025, with the company identifying and disposing of more than 15 million counterfeit products worldwide. Legal action also led to the takedown of over 100 websites linked to fake reviews and scams, an ongoing battle in the age of algorithmic manipulation.
Behind the scenes, artificial intelligence and machine learning are doing the heavy lifting. Amazon says it monitors billions of daily interactions across listings, reviews, and seller activity to spot trouble before it surfaces. Its predictive systems can even flag potentially infringing listings for trending products before brands raise the alarm.
Tools like Omniscan, which verifies product safety information at scale, and SENTRIX, designed to detect and eliminate phishing websites, are part of this expanding tech arsenal. Together, they aim to reduce risk while keeping the platform usable for legitimate sellers.
That balance between protection and friction is a tightrope Amazon acknowledges. Rohan Oommen, Vice President of Worldwide Customer and Partner Trust, noted that while safeguards are critical, they must not stifle genuine businesses. Features like the Account Health Dashboard are meant to give sellers clearer visibility into compliance and performance.
Consumer-facing measures are also getting sharper. From direct safety alerts to recall notifications and refund guidance, Amazon is leaning into transparency, backed by partnerships with consumer organisations to raise awareness.
The report’s release follows the expansion of Amazon’s Counterfeit Crimes Unit into India, signalling a deeper push into one of its fastest-growing markets, with closer coordination planned between brands, sellers, and law enforcement.
In short, as online shopping grows more complex, Amazon is betting that trust built through data, enforcement, and a fair bit of algorithmic vigilance will be its most valuable product yet.
