Mukesh Bansal's Cultfit gets new CEO; Google unveils Arm-based chip
Cultfit has formally appointed Naresh Krishnaswamy as CEO. Details on this and more in todays ETtech Top 5.
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Cultfit has formally appointed Naresh Krishnaswamy as CEO. Details on this and more in todays ETtech Top 5.
Naresh Krishnaswamy was previously the head of fitness services at Cultfit. He has been running all key operations at the firm since cofounder and former chief executive Mukesh Bansal moved to Tata Digital as its president.
Krishnaswamy’s LinkedIn update revealed that he has been CEO of the fitness satrtup since October 2023. He’s an alumnus of IIT Madras and IIM Calcutta.
Naveen Tahilyani, handpicked by Tata Sons chairman N Chandrasekaran from the group's insurance business Tata AIA Life Insurance, has been tightening spends at the digital ecommerce entity and bringing a more data-driven operational strategy to the table. Since his appointment in February, Tahilyani has been guided closely by Chandrasekaran, who is keen to push Tata Neu.
Simultaneously, Tata Digital's online pharmacy 1mg is expected to embark on a major offline expansion by opening retail stores where it will sell medicines and offer medical lab testing facilities, people aware of the matter said. The company has approved the plan in a recent board meeting.