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Tag: Jones Lang LaSalle

  • Devi Shankar bids farewell to Anarock after building India’s data-centre juggernaut

    Devi Shankar bids farewell to Anarock after building India’s data-centre juggernaut

    MUMBAI: Five years, $2.7bn in closed deals, and two of India’s largest data-centre platforms later, Devi Shankar is leaving Anarock.

    The managing director of investment banking built the firm’s data-centre business from nothing into a powerhouse. Her crowning achievements: EverYondr ($1 bIllion) and Colt-RMZ ($1.7 billion), two landmark transactions that helped establish India as a serious player in digital infrastructure. Advising global investors and private-equity funds on market entry became her signature move.

    “This wasn’t just a job; it was home,” Shankar wrote in her farewell message, referencing her early-morning arrivals and her notorious “Devi Standard Time” departures to beat Mumbai’s traffic. She gave special thanks to Ankita Sahu, whom she described as her “backbone for the last five years”.

    The move caps a 20-year career spanning KPMG, Deloitte, Jones Lang LaSalle and Ask Property Fund. Shankar’s expertise in structuring complex transactions—from introductions through to commercial negotiations, term sheets and due diligence—has made her one of India’s most respected dealmakers in alternative real estate.

    Alongside her corporate work, Shankar has been pursuing a parallel venture since January 2023: Irea Life, a private fashion label where she serves as creative lead and business adviser. The brand focuses on AI-driven solutions for customer experience and marketing automation.

    Shankar hinted that an announcement about her next move is imminent, though she declined to share details. Industry watchers will be watching closely to see where one of India’s leading investment bankers lands next.

  • JLL brings Siddharth Taparia on board as global CMO

    JLL brings Siddharth Taparia on board as global CMO

    Mumbai: Jones Lang LaSalle Inc (JLL) on Tuesday announced the appointment of Siddharth Taparia to the global role of chief marketing officer (CMO), effective immediately. He will be responsible for the company’s global marketing strategy and will oversee all marketing activities worldwide, it said.

    “As the real estate industry evolves in response to macro trends including rising capital allocations, sustainability, technology transformation and increasing commercial real estate outsourcing, Siddharth’s proven success as an innovator and strategic marketer will be instrumental in positioning JLL’s full capabilities to the market,” said JLL CEO Christian Ulbrich. “Siddharth’s background in leading commercially driven marketing teams in large, globally matrixed organisations will enable him to bring together our marketing talent across the globe to focus on our purpose of shaping the future of real estate for a better world.”

    Prior to JLL, Taparia was associated with software company SAP as senior VP and global head of corporate brand and experience marketing. Previously, he has held several leadership positions across marketing, strategy, consulting, product management, and mergers and acquisitions.

    Taparia is an accomplished author and advisor on data privacy, cloud computing and value-driven marketing. He earned a bachelor’s degree in engineering from Rajiv Gandhi Proudyogiki Vishwavidyalaya in Bhopal before moving to the US to earn his master’s degree from Texas A&M University.

    He is a member of the CMO Club and sits on the board of the CMO Council. He was named in 2018 as one of the 40 Under 40 by DMN, an organisation focused on digital and data-driven marketing.

    “JLL’s opportunity to have an outsized impact on delivering workplace flexibility and technology-enabled commercial real estate and sustainability solutions has never been greater,” said Taparia. “Marketing has a critical role to play, and I look forward to working with JLL’s leaders and marketing teams around the world to grow JLL’s brand equity and ability to connect with clients to achieve shared success.”