Meesho appoints former Flipkart exec Surojit Chatterjee as independent director

E-commerce company Meesho has appointed four seasoned business leaders as new independent directors including Rohit Bhagat (currently the non-executive chairman of PhonePe), Kalpana Morparia and Hari S. Bhartia.

By  Storyboard18Aug 2, 2024 1:26 PM
Meesho appoints former Flipkart exec Surojit Chatterjee as independent director
The appointments are said to be instrumental in navigating the evolving e-commerce landscape and advancing Meesho's strategic goals to become the preferred e-commerce destination for the next billion users in the country. (Image source: Moneycontrol)

Meesho, the e-commerce marketplace, has announced the appointment of four Independent Directors to its Board including Surojit Chatterjee, who was the former Senior Vice President (SVP) of Flipkart and the Chief Product Officer (CPO) of Coinbase, the cryptocurrency exchange platform.

Other Independent Directors include Kalpana Morparia, Hari S. Bhartia, and Rohit Bhagat. Each brings a wealth of expertise from various sectors to further drive Meesho's mission of democratising internet commerce.

The appointments are said to be instrumental in navigating the evolving e-commerce landscape and advancing the company’s strategic goals to become the preferred e-commerce destination for the next billion users in the country.

Bhartia is the Founder and Co-chairman of Jubilant Bhartia Group (with a market cap of approximately $7.65 billion). He is also the Co-Chairman and Managing Director of Jubilant Pharmova as well as Co-Chairman of Jubilant Ingrevia and Jubilant FoodWorks- the master franchisee of Domino's Pizza & Dunkin’ Donuts restaurants in India.

Bhartia is a former President of the Confederation of Indian Industry (CII) and a key contributor to various educational, scientific, and technological programs of the Government of India.

Morparia is a veteran leader in India's financial sector with over 45 years of experience and is recognised as one of the most powerful women in Indian business. She currently serves as an independent non-executive director on the boards of HSBC Holdings, Hindustan Unilever Limited, and Philip Morris International Inc., along with being an ex-board member of Dr. Reddy’s Laboratories Ltd. She is a governing board member of the Bharti Foundation, Foundation for Audit Quality and the Generation India Foundation. Additionally, she serves as an advisor to Temasek International.

Bhagat is currently the non-executive Chairman of the Board at PhonePe, an Independent Director at AssetMark and the Lead Independent Trustee of the Franklin Templeton ETF Trust. His previous board and advisory roles span companies like Axis Bank, Flipkart, and FreeCharge, reflecting his deep understanding of diverse industries. His domain expertise is in Financial Services, FinTech, Capital Markets and Tech-enabled Services.

Meesho’s board also includes co-founders Vidit Aatrey and Sanjeev Barnwal, Ashutosh Sharma, Head of Investments and M&A at Prosus Ventures, Mohit Bhatnagar, Managing Director at Peak XV Partners, Mukul Arora, Co-Managing Partner at Elevation Capital, and Sarthak Misra, Partner at SoftBank Investment Advisers.

Vidit Aatrey, Founder and CEO at Meesho, said, "Meesho’s focus to unlock the potential of India’s small business economy has helped us change the e-commerce landscape, making it more inclusive and accessible to billions of people across the country. We are confident that their collective wisdom and diverse perspectives will play a pivotal role in steering the company towards new milestones and sustained success in revolutionising the e-commerce landscape in India.”


Tags
First Published on Aug 2, 2024 1:26 PM

More from Storyboard18

Brand Makers

Basketball will take time to develop fan base in India: Sonny Vaccaro, sports marketing expert

Basketball will take time to develop fan base in India: Sonny Vaccaro, sports marketing expert

Brand Makers

VerSe Innovation's Managing Partner and Group CFO Sandip Basu steps down

VerSe Innovation's Managing Partner and Group CFO Sandip Basu steps down

Brand Makers

Kinji Saito steps down as Non-Executive Director of Maruti Suzuki; Koichi Suzuki to take charge

Kinji Saito steps down as Non-Executive Director of Maruti Suzuki; Koichi Suzuki to take charge

Brand Makers

Unilever CEO Fernando Fernandez pins growth hopes on India, calls it a 'key anchor' for future strategy

Unilever CEO Fernando Fernandez pins growth hopes on India, calls it a 'key anchor' for future strategy

Brand Makers

Unilever sees strong growth prospects in India, driven by market share gains, favorable economic factors: CFO Srinivas Phatak

Unilever sees strong growth prospects in India, driven by market share gains, favorable economic factors: CFO Srinivas Phatak

Brand Makers

X revenue climbs with focus on AI and subscriptions

X revenue climbs with focus on AI and subscriptions

Brand Makers

Rob Lake and the return of live spectacle in a digital world: The master of illusion in India

Rob Lake and the return of live spectacle in a digital world: The master of illusion in India

Brand Makers

Dettol maker Reckitt reports robust growth in India, driven by dental, Harpic products

Dettol maker Reckitt reports robust growth in India, driven by dental, Harpic products