Tag: Rishi Khiani

  • Rishi Khiani to step down from Ant Farm to build a startup in the Job-tech space

    Rishi Khiani to step down from Ant Farm to build a startup in the Job-tech space

    MUMBAI: Serial innovator Rishi Khiani has announced that he will be stepping down from day-to-day operations at Ant Farm, a digital innovation company that he founded in 2013. While he steps down from his operational role, Rishi will continue to be a promoter shareholder in Ant Farm and its downstream companies. The move is a planned one so that he can focus on his startup in the Job-tech space.

    Ant Farm is a studio incubator that builds businesses and scales up disruptive ideas. The company had raised funding from funds such as Agnus & Bay Capital and counts prominent investors such as Ravi Dhariwal, Radhakishan Damani and Sat Pal Khattar on its cap table.

    Some of it’s successful companies are Ad-tech and Content company Fork Media Group that owns and operates Curly Tales, Hauterfly, IGN, Mashable, FameFox and AskMen, multi-category delivery startup Scootsy that was recently acquired by Swiggy, mobile fitness platform RevoFit that is backed by Marico and Hello Green, a healthy and affordable meal delivery service. The management of parent company, Ant Farm, will be transitioned to co-founder Upen Roop Rai.

    During the announcement, Rishi Khiani said “I founded Ant Farm back in 2013 when India had just seen a disruption in the startup space. The idea was to accelerate companies during their early-stage with an intensive hands-on approach backed by an experienced team in the given sector. It was a thrilling experience to build some great companies in the last eight years.”

    Commenting on his career plans, Khiani added “Given the current scenario of the economy and the job market in our country, my next startup will focus on enabling the next billion jobs. Given that ambition and the opportunity it was important to clear my desk of all other responsibilities.

    Stay tuned for some exciting updates!” Rishi Khiani, who is a seasoned entrepreneur and former CEO of Times Internet, has over 20 years of experience in media, consumer tech and enterprise space. He is known to have

    launched some of India's iconic homegrown digital brands. Rishi sold his first startup UrbanEye Media to the Network18 group in 2006. Keeping up to his innovation skills, Rishi will be entering the job-tech industry, to bridge the gap between jobs and job seekers across various industries.
     

  • Nokia partners Indiatimes for online store

    Nokia partners Indiatimes for online store

    MUMBAI: Nokia India has joined hands with Indiatimes Shopping for the launch of Nokia‘s online store- NokiaShop. The new online shopping portal will deliver mobile devices directly from the manufacturer to the users.

    NokiaShop will offer the entire portfolio of Nokia devices as well as accessories across price points to the consumers along with the convenience of online shopping. Users can buy handsets directly from the manufacturer without needing any dealer or reseller in between.

    Nokia India director- marketing Viral Oza said, “Today, as online shopping gains momentum, we are the first mobile handset company to set up a branded online store. Through our association with Indiatimes Shopping, we are confident that we will be able to offer a superior online shopping experience to our consumer by giving them an opportunity to buy their favourite mobile device directly from Nokia.”

    Times Internet CEO Rishi Khiani said, “This partnership is a step further in our aim to bring more offline brands to the online space. With our brand strength, resources, knowledge and credibility in the e-commerce space, we are confident of providing Nokia the right platform to connect with its users.”

    TIL director technology and ecommerce head Gautam Sinha added, “We are pleased to partner with a top brand like Nokia and help them reach their online customers. We hope to witness strong synergistic growth capturing majority of online mobile handset market in the next few months. We have made significant investments in warehousing and last mile delivery to ensure a world class shopping experience for our customers.”

    Nokia Shop has been launched on Indiatimes sub-domain, to sell the entire range of Nokia devices – including smartphones, dual SIM phones, touch and type, qwerty, touch phones and value phones. The initiative will be driven by a core team with dedicated people from both Nokia and Indiatimes.