Sivanandan to take charge as Tata Digital CEO
Mumbai: Sajith Sivanandan will take over as CEO of Tata Digital (TD) in Sept, succeeding Naveen Tahilyani, who vacated the position in May this year. Sivanandan will be the third CEO of TD since the e-commerce venture was launched by the Tata Group six years ago. Currently on a break, he left his previous employer, Jio Platforms, in March this year after a three-month stint.
Since its inception, TD has not yet turned a profit. Its parent Tata Sons has been injecting funds into the venture over the years including an additional Rs 3,000 crore investment in FY25.
TD is the second biggest loss-making entity within the Tata Group, recording a loss of Rs 4,610 crore in FY25. Sajith will be tasked with revitalising the fortunes of TD, stabilising the Tata Neu super app, and positioning the company as a long-term player in India's e-commerce sector, where Reliance, Amazon, and Flipkart have a strong play.
Get an chance to win ₹5000 Amazon Voucher by taking part in India's Biggest Habit Index! Take the survey here
TD is the second biggest loss-making entity within the Tata Group, recording a loss of Rs 4,610 crore in FY25. Sajith will be tasked with revitalising the fortunes of TD, stabilising the Tata Neu super app, and positioning the company as a long-term player in India's e-commerce sector, where Reliance, Amazon, and Flipkart have a strong play.
Get an chance to win ₹5000 Amazon Voucher by taking part in India's Biggest Habit Index! Take the survey here
Popular from Business
- Nvidia Q3 results: Chipmaker giant reports 65% jump in net income; beats analyst predictions
- Now unjustified! Why Trump should withdraw 25% Russian oil tariffs on India with immediate effect - explained
- Sub-Rs 10L cars make up 78% of festive sales
- One login, endless access: How Google linking enhances TOI+ experience
- Top stocks to buy today: Stock recommendations for November 20, 2025 - check list
end of article
Trending Stories
- Candace Owens drops explosive claim on Charlie Kirk's assassination with shocking twist about Tyler Robinson fingerprints
- Allegations surface as video shows possible involvement of Trevon Diggs in violent elevator encounter
- Al-Falah University dupes students of ₹415 crore: How to verify an institute’s accreditation and spot fake claims
- Return of the kingmaker: Nitish Kumar sworn in as Bihar CM for 10th time - list of ministers who took oath today
- Bihar CM Nitish Kumar Oath Ceremony Live: Nitish Kumar to take oath as CM for 10th time today
- 'I felt like a champion': Sanju Samson's emotional leap into CSK’s iconic yellow after blockbuster IPL trade
- IND vs SA: Big blow for India! Shubman Gill ruled out of Guwahati Test
Featured in Business
- Why are tomato prices soaring? Retail prices shoot up 50% in a fortnight - here’s what’s driving the rise
- PhysicsWallah stock slide: Shares sink for 3rd day as Rs 8,600cr wiped out since debut
- Trump’s tariff exemptions for 200 products: How India’s agricultural exports will benefit from US move - explained
- Global markets 2026: India shines in Goldman Sachs AM’s emerging markets outlook
- Infosys share buyback: IT services giant’s biggest Rs 18,000 crore offer opens today
- Rupee outlook: INR may weaken towards 90 per dollar by March 2026
Photostories
- Timeless Divya Bharti films that showcase her unforgettable screen magic
- 5 home remedies for period cramps in teenage girls that parents can try
- What’s changing at Mumbai’s iconic Shivaji Park? BMC floats tender for major revamp
- 8 animals that look earless but hear through hidden adaptations
- 8 easy exercises for kids to do at home
- Mumbai–Delhi high-speed dream on pause: WR insists on full Kavach safety first
- Cristiano Ronaldo’s partner Georgina Rodríguez is a true fitness role model: Want her glow? Try these 5 fitness moves
- 6 Indian dishes among the 100 Best Chicken Dishes in the World
- Sonam Kapoor dresses like late Princess Diana to announce second pregnancy
- 7 emotional wounds of childhood parents may fail to recognize
Up Next
Start a Conversation
Post comment