Livspace Announces C-Suite Elevations and Appointments, Marketing & Advertising News, ET BrandEquity
Interior design and renovation platform Livspace has announced high profile nominations in the C-Suite. While Saurabh Jain, Chief Commercial Officer, has been named Co-Founder and Managing Director of India Operations, Lalit Mittal has been named Chief Commercial Officer for India. Additionally, Ankit Shah has been appointed as the new Group Chief Strategy Officer.
Jain has been instrumental in driving the company’s operations in India by launching solutions across all regions. In his new role, Jain will now lead business expansion and key strategic initiatives in line with Livspace’s accelerated growth plans. He will continue to focus on ramping up the business in India.
Mittal leads the Home Interior segment functions. As CBO, he will now be responsible for developing and executing new business functions while driving the long-term growth strategy.
Shah will lead Livspace’s organic and inorganic growth initiatives. He will also spearhead collaboration across verticals on strategic projects to drive market share growth and strengthen expansion into new markets and product categories.
Prior to joining Livspace, he was associated with Goldman Sachs as an executive director and in the past worked at McKinsey & Co. and Citigroup in New York, Moscow, Singapore and Mumbai. Shah’s experience spans over 15 years in financial services and management consulting where he led companies and teams in the US and Asia-Pacific and helped businesses scale organically. and inorganic.
Anuj Srivastava, Co-Founder and CEO, said, “Over the past year, we have experienced multiple growth while expanding our global footprint. The evolution of the leadership team is occurring at a critical time as we continue to progress towards our goal of scaling the business 10X in the years to come. Both Saurabh and Lalit have played significant roles in the company’s growth and global expansion and their rise reflects our commitment to recognizing the expertise and proven track record of internal leaders.
“We are also extremely excited to join Ankit, especially as we grow the business and drive efficiency across the board. He will lead and define our capital deployment planning and strategy, with a particular focus on new markets, business incubation and scale in India and Singapore. I am confident that our management team will help broaden and accelerate our business program aimed at consolidating our leadership in the interior and renovation market,” he added.