On Monday, Nykaa, a significant player in e-commerce, announced additions to its executive ranks in the marketing and consumer growth, finance, legal and regulatory, business and revenue, and technology and product departments. Rajesh Uppalapati and P Ganesh have been named as the chief technology officers and chief financial officers, respectively, of the Falguni Nayar-led beauty, wellness, and fashion items e-commerce portal.
According to the business, the new leadership will join the existing group of more than 50 leaders. They will be in charge of the company's expansion plans.
Rajesh Uppalapati, who has been designated the new CTO, has 20 years of expertise in the business and has worked for Amazon in a variety of roles and locations. He most recently worked with Intuit, where he managed sizable teams while delivering large-scale, performance-critical technological projects.
Additionally, Abhishek Awasthi, Eswar Perla, Dhruv Mathur, and Amit Kulshrestha have joined the technological leadership team. The new leaders have a combined experience of more than 60 years, working for companies including Walmart, Amazon, Magicpin, and LBB.
P Ganesh's appointment as the Chief Financial Officer was also made public by Nykaa. With 27 years of expertise in financial reporting, business finance, taxation, investor relations, banking, M&A, and corporate law, he is also a seasoned professional. Additionally, he has held the position of CFO with businesses including TAFE Group, Pidilite Industries, Godrej Group, and Glenmark Pharmaceuticals.
Founder and CEO Falguni Nayar said that the leadership team is well poised for success. “We are excited to welcome each of these new leaders in key roles that drive the company's important businesses and functions,” she added.
The business's legal, company secretarial, compliance, and regulatory operations will be overseen by Sujeet Jain, who has been named the Chief Legal & Regulatory Officer. Jain has worked for almost 25 years at companies like Vodafone Idea, Shaadi.com, Ultratech Cement, and Viacom18.
TV Venkataraman, who has over 25 years of experience working for organisations like Ashok Leyland, Flipkart, and the Aditya Birla Group, has joined the team in charge of the internal audit and risk management charter.
Vishal Gupta, a seasoned veteran, has been named Nykaa's CEO of the beauty consumer division. He has worked with Unilever for more than 27 years. He will also oversee Superstore By Nykaa, an eB2B distribution company.
The Chief R&D and Quality Officer, Dr. Sudhakar Y Mhaskar, will oversee innovation for Nykaa's consumer business. He has worked for Marico and Unilever for more than 30 years. Shailendra Singh will provide category and brand management support for the beauty ecommerce business. He has worked with Unilever for more than 16 years.
The marketing leadership now includes Suchita Salwan, who will head the content charter, Priya Bellubbi, who will lead customer lifecycle management, and Sudhansh Kumar, who will lead performance marketing. Between them, they have worked in organisations like Amazon, Myntra, Livspace, Hotstar, and LBB for more than 40 years.