Livspace Announces Key Leadership Appointments

Saurabh Jain elevated as Co-Founder and CEO, India Business; Lalit Mittal elevated as Chief Business Officer, India Business; Appoints Ankit Shah as Group Chief Strategy Officer

Livspace, Asia’s largest omni-channel home interiors and renovation platform, today announced top-level C Suite appointments. While Saurabh Jain, Chief Business Officer, has been elevated as Co-Founder and CEO, India operations, Lalit Mittal has been appointed as Chief Business Officer, India. Furthermore, Ankit Shah has been roped in as the new Group Chief Strategy Officer.

As Chief Business Officer and Country Head, Saurabh Jain has been instrumental in driving the company's India operations by launching solutions across regions. In his new role, Saurabh will now lead business expansion and key strategic initiatives in line with Livspace’s accelerated growth plans. He will continue to focus on ramping up the India business while delivering best-in-class home solutions to the consumers.

At Livspace, Lalit Mittal has been driving the functions under the home interiors segment. As Chief Business Officer, he will now be responsible for the development and execution of new business functions while driving the long-term growth strategy. An IIT-Delhi alumnus, Lalit has scaled multiple businesses in his expansive career by driving operational efficiency and leveraging technology.

An industry veteran, Ankit Shah will lead Livspace’s organic and inorganic growth initiatives. He will also spearhead collaboration across verticals on strategic projects to drive market share growth and increased thrust on expansion into new markets and product categories. Prior to joining Livspace, he was associated with Goldman Sachs as the Executive Director and, in the past, worked at McKinsey & Co. and Citigroup across New York, Moscow, Singapore, and Mumbai. Ankit’s experience spans over 15 years across financial services and management consulting where he has led businesses and teams across the US and Asia-Pacific and helped companies scale organically and inorganically.

Commenting on the development, Anuj Srivastava, Co-founder and CEO, said, “In the past year, we have witnessed multi-fold growth while expanding our global footprint. The evolution of the leadership team is happening at a critical time as we continue to move towards our goal of scaling the business 10X in the coming years. Both Saurabh and Lalit have played a significant role in the company’s growth and global expansion and their elevation reflects our dedication to recognizing expertise and the proven track record of internal leaders.”

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