Business · India Bureau
Magicbricks appoints CarDekho veteran Mayank Jain as new CEO
Real estate classifieds platform Magicbricks has named Mayank Jain as chief executive officer, bringing over two decades of digital and consumer business experience to the role. Jain, who previously led CarDekho's auto classifieds division, will assume the position on October 1.
LSN India ·
Magicbricks, a leading property portal in India, announced the appointment of Mayank Jain as its new chief executive officer, effective October 1. Jain joins the organization from CarDekho, where he spent more than five years overseeing the automotive classifieds business as chief executive.
Jain brings extensive expertise across digital platforms, media, technology and consumer-focused enterprises, accumulated over a career spanning more than two decades. His educational credentials include an MBA from INSEAD, a PGDM from the Management Development Institute in Gurgaon, and a Bachelor's degree in Computer Engineering.
At Magicbricks, Jain will concentrate on propelling the company's growth trajectory by capitalizing on existing digital infrastructure and spearheading technology-driven innovation. The platform emphasized that his mandate encompasses business transformation, enhancing operational and financial metrics, and solidifying Magicbricks' competitive standing within India's dynamic real estate sector.