Tata Digital adds 3 C-suite leaders as CEO pivots strategy toward financial services
Tata Digital appoints new CTO, CPO and CHRO amid a restructuring that includes ~200-250 layoffs and senior exits. CEO Sivanandan reorients the group away from the struggling Tata Neu super-app toward financial services, while the company seeks ₹7,000 crore in additional funding.
Tata Digital appoints new CTO, CPO and CHRO amid restructuring, ~250 layoffs and senior exits. CEO Sivanandan reorients toward financial services as Tata Neu super-app struggles; company seeks ₹7,000 crore additional funding.
Why this matters
The C-suite additions follow Tata Sons' proposed ₹7,000 cr equity infusion that Noel Tata pushed back on, plus a broader restructuring of Neu, BigBasket and 1mg and a possible exit by Maya Tata.
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