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Nothing ropes in Hemant Kundavaram as India CFO to fuel growth

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NEW DELHI: London-based technology firm Nothing has named Hemant Kundavaram as chief financial officer for its India unit, bolstering its leadership bench in what has become the company’s most critical market.

A chartered accountant with more than 20 years’ experience across Ford India, IBM, Thomson Reuters, Rockwell Collins and, most recently, PMI Electromobility, Kundavaram will spearhead fundraising, capital-market strategy and investor relations for the brand.

“Nothing’s journey so far has been remarkable. I’m excited to build a strong financial foundation that complements fast-paced growth and strengthens the brand’s India vision,” said Kundavaram.

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Nothing co-founder & India president Akis Evangelidis called India “at the core” of the firm’s global ambitions. “Hemant’s proven expertise will be instrumental as we scale rapidly and deepen our presence in India,” he added.

The hire marks Nothing India’s second major leadership appointment after Evangelidis took charge as president. The smartphone maker has clocked a blistering 146 per cent year-on-year growth in Q2 2025, making it the fastest-growing brand in the segment for six consecutive quarters, according to Counterpoint Research.

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Piyush Thakur steps down as Inshorts’ chief revenue officer

Former vice president and cro says exit marks a new chapter after close to a decade of building revenue and partnerships at Inshorts Group.

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NOIDA: Piyush Thakur has stepped away from Inshorts Group after nearly 10 years with the company, marking the end of a long tenure that culminated in his role as chief revenue officer.

In a farewell note, Thakur said he was “turning a new page” after almost a decade at Inshorts, calling it one of the hardest professional decisions he has made. He added that his exit was not driven by uncertainty about the future, but by reflection on a long association with the company.

Thakur joined Inshorts in October 2016 as vice president and spent around seven years in the role before being elevated to chief revenue officer in April 2024, a position he held until April 2026.

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He said his tenure was defined by “thousands of mornings, late nights, product debates and breakthrough moments”, as the company evolved into a large-scale digital news platform used by millions.

In his note, Thakur emphasised that Inshorts’ growth was a collective effort across teams, adding that engineers, designers, sales teams and customer support staff all contributed to building the platform. He said the company’s success was not the result of individuals but of “everyone who stayed, passed through, and left their mark”.

Before Inshorts, Thakur worked across several digital media and business development roles. At ESPN, he served as senior regional manager from October 2015 to October 2016, focusing on growth initiatives, strategic opportunities and video distribution.

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At Times Internet, he worked for nearly three years, including as head of business development from April 2015 to September 2015 and chief manager from January 2013 to March 2015. His responsibilities included monetisation of mobile platforms, managing media and developer partnerships, and driving revenue across digital properties such as The Times of India and The Economic Times.

Earlier, he worked at Brandmovers as head of business development from June 2012 to June 2013, handling digital, mobile and social media marketing solutions, client development and strategic consulting. During this period, he also worked on advertising revenue, brand strategy and CRM-based solutions.

At Inshorts, Thakur’s role focused on revenue strategy, mobile and media partnerships, and growth initiatives across platforms. His profile highlights experience in mobile product management, digital business models, partner ecosystems and revenue expansion in high-growth environments.

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