Upgrad cofounder and MD Mayank Kumar steps down to launch new startup

Coinciding with Mayank Kumar's exit, Upgrad founder and chairman Ronnie Screwvala is stepping up his engagement at the company. (Left to Right: Mayank Kumar, Ronnie Screwvala)

Mayank Kumar’s exit marks a shift at Upgrad as Ronnie Screwvala takes charge, while the edtech unicorn eyes a $50-$60 million funding round at a $2.25 billion valuation.

Angel One appoints Arief Mohamed as CBO – Direct Business

With over 16 years of experience in digital commerce and a proven track record of scaling businesses, Arief Mohamed is set to lead Angel One's direct business vertical. (Image source: LinkedIn)

In a strategic move to enhance its leadership team, Angel One Ltd has appointed Arief Mohamad as Chief Business Officer – Direct Business. With over 16 years of experience in digital commerce, Arief is set to drive innovation and growth within the company’s fintech landscape.

Zomato’s independent director Gunjan Soni steps down

Gunjan Soni, who holds a MBA in finance from XLRI Jamshedpur, began her career at Infosys Technologies and went on to work across McKinsey & Company, Star India, Myntra and Zalora Group.

It was stated in a filing with the BSE that Gunjan Soni would cease to be the member of the company’s risk management committee and corporate social responsibility committee.