Network18 Appoints Manish Maheshwari As CEO of Web18
Dated: April 01, 2016
Network18 Group has roped in Manish Maheshwari as chief executive officer of Web18. Maheshwari was previously the head of Flipkart's Seller Marketplace and Ecosystem. Maheshwari will lead Network18’s digital and e-commerce assets including digital portals such as moneycontrol.com, ibnlive.com, in.com, firstpost.com and various other ideas that have been seeded in the network.
Network18 has been in an expansion mode with specific focus on digital content. The company has been aggressively hiring senior employees to strengthen its technology, product, sales and business development teams.
Adil Zainulbhai, Chairman, Network18 Group, said, “Manish brings with him a good mix of Silicon Valley tech product culture and an understanding of ground realities of India. Both these qualities will be crucial as we take Network18 to the next level of digital transformation. He has a proven track record of taking up projects and achieving a scale of tens of millions, building cross-functional teams that deliver in large setting with an unflinching focus on customer experience.”
Maheshwari was successful in growing Flipkart's marketplace from 10,000 sellers in February 2015 to over 100,000 sellers in February 2016. Prior to that, he co-founded txtWeb and grew it from scratch to make it the world's largest marketplace for text- based apps with over 16 million mobile users in India alone.
Prior to txtWeb, Maheshwari was the head of new markets, global business division at Intuit, a NASDAQ-listed technology company, the world's leading provider of personal finance software products such as TurboTax, Quicken, and Mint.com.