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Ajit Mohan, the pinnacle of Meta in India, has left the agency and joined rival Snap, in accordance with sources conversant in the matter. At Snap, Mohan will function the President of the APAC enterprise, two sources mentioned.
Mohan joined Meta, referred to as Fb then, in January 2019 as a VP and MD of the India enterprise. A McKinsey alum, Mohan rose to the stardom at Star, the place he performed an instrumental position in getting the leisure conglomerate to launch a streaming service, referred to as Hotstar.
Together with Uday Shankar, Mohan additionally performed a key half within the content material technique of Hotstar, banking on native films and exhibits and sports activities streaming. The well timed wager on on-line streaming and cricket helped Hotstar turn into a crown jewel in Disney’s portfolio after the Fox acquisition.
“Ajit has determined to step down from his position at Meta to pursue one other alternative exterior of the corporate,” Nicola Mendelsohn, Vice President of World Enterprise Group at Meta, mentioned in a press release.
“During the last 4 years, he has performed an essential position in shaping and scaling our India operations to allow them to serve many tens of millions of Indian companies, companions and other people. We stay deeply dedicated to India and have a robust management workforce in place to hold on all our work and partnerships. We’re grateful for Ajit’s management and contribution and want him the easiest for the longer term.”
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