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Magicbricks names ex-CarDekho executive Mayank Jain as CEO, effective Oct 1

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Core Development: Magicbricks names ex-CarDekho executive Mayank Jain as CEO, effective Oct 1
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Market & Financial Impact: Jain joins from CarDekho, where he led Auto Classifieds for over five years, and will focus on business transformation, technology-led innovation and operational performance
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Magicbricks said it has monthly traffic exceeding 2 crores and an active base of over 15 lakh property listings | Image: Company website

Real estate classifieds Magicbricks has appointed Mayank Jain as chief executive officer (CEO), effective October 1.

In a statement on Friday, Magicbricks, one of the leading property platforms, said Jain has joined from CarDekho, where he served for over five years as CEO of Auto Classifieds.

Jain has more than two decades of experience across digital, media, technology and consumer businesses.

"At Magicbricks, Mayank will focus on accelerating the company's next phase of growth by leveraging its digital capabilities, advancing technology-led innovation and strengthening its consumer-centric approach," the company said.

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Official Publisher Attribution: This report is aggregated from Business Standard. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Business Standard ↗
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