DB Corp (DBCL), India’s largest print media company and home to flagship newspapers, Dainik Bhaskar, Divya Bhaskar, Divya Marathi, appointed Pathik Shah as the Chief Executive Officer for DB Digital, its digital products business.
Pathik will be responsible for driving the digital business at Dainik Bhaskar. Prior to joining Dainik Bhaskar, Pathik was associated with Hike Messenger for almost seven years. He was designated as the vice-president, products and also led M&A functions.
During his tenure at Hike, he led many of the key product and growth initiatives which helped in increasing the number of registered users to over 100 million. Under Pathik’s leadership, Hike raised capital of more than USD 250 million, accounting for a valuation of USD 1.4 billion, all in less than four years. Additionally, he also executed many M&A transactions for Hike, including an investment in WinZO and the acquisition of ZipPhone, Creo and few others.
Pawan Agarwal, Deputy Managing director, DB Corp, said, “We are pleased to welcome Pathik on-board. We are confident that his proven ability to drive strategic growth especially in digital consumer products through product innovation, and his leadership skills will contribute to the Group’s ambition of further strengthening the brand. Dainik Bhaskar is at an exciting stage of growth and we look forward to achieving several milestones on the journey ahead and reinforcing our position as one of India’s largest and dynamic media conglomerates.”
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