Earlier this month, a press release hit the inbox of most tech journalists in India. It exuded enthusiasm. One of India’s more popular lingerie brands, Zivame would now have a new CEO. Shaleen Sinha, who earlier was the COO, will head the company. Sumeet Yadav, earlier the CEO of Nando’s India chapter, will take over as the new executive chairman. Nando’s is a South Africa-based casual dining restaurant chain.
This bit is from the release: “We are excited to have Sumeet strengthen the team at Zivame,” states Shilpa Kulkarni of Zodius Capital and a director on the company’s board.