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Sandeep Karwa takes over as AJIO CEO as Reliance sharpens fashion etail bet

Reliance has installed Sandeep Karwa as CEO of AJIO, signaling a leadership reset at its flagship online fashion arm. The move lands amid a quiet funding week for Indian startups ($128M, down 56% WoW), with Scapia ($63M) and upGrad (~$38M) leading rounds and Snabbit pushing into salon-at-home beauty.

Reliance appoints Sandeep Karwa as CEO of AJIO, signaling a leadership reset at its flagship online fashion platform.

Entrackr · Newsletter · 5/23/2026, 7:11:36 AM · Ask about this →

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