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Tag: Jio Mart

  • Jio Mart’s Sanjay Mishra joins Arzooo as VP of sales

    Jio Mart’s Sanjay Mishra joins Arzooo as VP of sales

    Mumbai: Sanjay Mishra has joined the Arzooo team as vice president of business development after seven years with Reliance Jio and its new retail arm, Jio Mart.

    At Arzooo, Mishra’s charter will be to drive Arzooo’s expansion and reach into tier-3 and tier-4  cities on its mission to power offline retail with technology and financial capability, making them competitive and scalable. He will be leading the sales organisation of Arzooo and providing leadership to its sales and business development teams. He will be spearheading Arzooo’s growth and expansion across the country.

    “We are having a phenomenal growth run with over 400 per cent YOY growth and are strengthening our leadership team to catalyse the same,” said Arzooo CEO and co-founder Khushnud Khan. “Pleased to have Sanjay on-board with us at Arzooo. His  extensive experience in offline distribution and the disruptive omni channel-led e-commerce space will help us shape our vision to transform offline retail.”

    Backed by 20+ years of cumulative experience in channel sales and revenue management, Mishra has displayed innate proficiency in sales & distribution, new business development of general trade, own retail & online space in FMCG, telecom & consumer electronics. He has managed sales challenges and visions of industry leading brands like PepsiCo, Vodafone India, Bharti Airtel, and Samsung electronics to name a few. In his last assignment at Reliance, Mishra was leading retail arm Jio Mart’s digital business as vice president, sales operation.

    “Arzooo journey has been very fascinating as it is making waves in the retail ecosystem. I am thrilled to be a part of this young and energetic team at Arzooo and excited about taking the enterprise to new heights,” said Sanjay Mishra on his new role.

  • Facebook started FDI avalanche in India during pandemic: Mukesh Ambani

    Facebook started FDI avalanche in India during pandemic: Mukesh Ambani

    KOLKATA: At the beginning of the Covid2019 pandemic, Jio attracted its largest global investor – Facebook, which announced a $5.7 billion investment in the telco. At the inaugural Facebook Fuel for India 2020 event, Reliance Industries chairman and MD Mukesh Ambani said that the social media giant had set the ball rolling for overall foreign investment in India. Since then, record FDI has flown into the country.

    During a virtual session with Facebook founder, chairman & CEO Mark Zuckerberg, Ambani mentioned that Jio and Facebook have become value creation platforms for consumers as well as small businesses.

    He went on to explain that while Jio brings digital connectivity, WhatsApp now with WhatsApp Pay brings digital interactivity, and the ability to move to close transactions. On the other hand, Jio Mart offers unmatched online and offline retail opportunity, which gives the small shops dotting India’s villages and small towns a chance to digitise and be at par with everyone else in the world.

    “To my mind, more wealth creation means more employment and more business. And together with our platforms and the tools that we will provide to small businesses and to individual consumers, I believe will drive India to a $5 trillion economy and will make a much more equal India, with more equal wealth growth at the bottom of the pyramid,” Ambani added.

    Zuckerberg also agreed that the vision of helping small businesses lies at the core of the partnership. Facebook supports more than 50 million WhatsApp Business App users globally every month and more than 15 million of these are in India, he shared. With communities around the world now in lockdown, there are a lot of entrepreneurs who need digital tools that they can rely on to find and communicate with customers and grow their businesses. He added that this is something that the Facebook-Jio partnership can really help with.

    “We are looking forward to your (Facebook’s) involvement and innovation in India, creating benefits for hundreds of millions of people and then taking this innovation to the rest of the world. I hope that the rest of the world learns from Indian policy, and what Facebook is able to achieve in India. And we as Indians will be very proud, if Facebook says we did it first in India, and then took it to 100 countries. And I look forward to working with you on that,” Ambani reiterated.