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daily roundup (May 23, 2022)

Social commerce unicorn DealShare appoints Venkatesh Tarakkad as CFO

Strengthening its senior leadership team, DealShare, social commerce unicorn, on Monday announced the appointment of Venkatesh Tarakkad as Chief Financial Officer. Venkatesh brings over 25 years of experience in enabling businesses to scale quickly, increasing efficiency, and improving profitability. He will be in charge of DealShare’s Finance function as well as its supply chain function.


Venkatesh has extensive experience in the Retail, FMCG, and ecommerce sectors. In his previous roles, he was the CFO of Ecom Express, TCNS Clothing and Metro Cash & Carry, India. He has also worked for companies like E&Y and Coca-Cola. Venkatesh will join the leadership team and play a vital role in propelling the company towards profitability and growth.



DealShare is a social ecommerce company focused on catering to the 500 million new-to-internet and value-seeking users. It claims to offer high-quality, low-priced essentials coupled with a gamified, fun-filled, and virality-driven shopping experience, making it easy for first-time internet users to experience online shopping.

GitHub exec Maneesh Sharma joins LambdaTest as Chief Operating Officer

Maneesh Sharma, previously GitHub General Manager for India, has joined LambdaTest, a test orchestration, and execution platform, as its Chief Operating Officer. Maneesh will lead all the go-to-market functions in the company. 


Maneesh, who has over 22 years of experience, was leading GitHub India’s growth and operations until recently. Under his leadership, India was the fastest-growing market at GitHub, growing to more than eight million developers along with a strong customer base. He has also held leadership positions at top technology companies including Adobe and SAP and was also the Java Ambassador at Sun Microsystems, where he was driving developer engagement across APAC, according to a statement.   

“With every organisation becoming a software company, customer experience is at the heart of every digital product and service. Like security, testing is also increasingly shifting left as both developers and testers build reliable and consistent product experiences. The pace of software development demands a robust and scalable testing infrastructure for organizations,” said Maneesh Sharma, COO, LambdaTest.


In March, LambdaTest raised $45 million in a venture round led by Premji Invest with participation from existing investors. The company has also recently launched two path-breaking products— HyperExecute, a next-gen smart test orchestration platform that helps testers and developers run end-to-end automation tests at the fastest speed possible, and Test-at-Scale (TAS), a test intelligence platform.


LambdaTest’s platform is used by over one million developers and testers globally. The company has run more than 100 million tests since its inception and has grown its business by 300 percent in the last year. Using the company’s offerings, its customers were able to achieve 95 percent quicker time-to-market, increase their release productivity by 62 percent and identify 67 percent of issues prior to launch. 

Branch appoints Sumith Sumithran as Head of People for India 

Branch International, a personal finance app, announced the appointment of Sumith Sumithran as Head of People for India operation. In this new role, Sumith will be responsible for driving the people management strategy, covering talent acquisition, talent management, learning and development, performance management and diversity and inclusion.


With over 14 years of HR experience, Sumith has held HR leadership positions in CleverTap and Fractal Analytics, and had stints with ICICI Prudential Life Insurance and Reliance Communications. 

Sumith holds an MBA from Alliance University, Bengaluru, and is a Commerce graduate from Christ University, Bengaluru. 


Edited by Affirunisa Kankudti

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