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Startup shake-up: Founders make way for veterans - The Hindu BusinessLine

Startup shake-up: Founders make way for veterans - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

restructuring: Startups shuffle top deck, play to ace long-term profitability game

At Third Wave Coffee, founder Sushant Goel transitioned to a board role after former KFC India head Rajat Luthra was roped in as chief executive, effective April 1. "The journey of starting up and getting the company at a certain scale is very different from taking it to the next level," said a venture investor with a global firm. "These changes are ultimately healthy in the sense that these startups are reaching a particular level."

Startups Shuffle Top Deck, Play to Ace Long-term Profitability Game

Over a dozen new economy ventures have appointed a new chief executive over the last 12 months, as a greater focus on profitability and governance gains primacy across the sector.

inshorts: InShorts Azhar Iqubal steps down from CEO role; cofounder Deepit Purkayastha to take over

Azhar Iqubal, the co-founder and CEO of online news aggregator InShorts, has transitioned to the role of chairman, while co-founder Deepit Purkayastha assumes the position of CEO. Iqubal expressed excitement for Purkayastha s leadership and the company s future growth. Established in 2013, InShorts delivers daily news highlights in 60 words across various categories.

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