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REA India Appoints Praveen Sharma as New CEO to Drive Next Growth Phase
- Praveen Sharma appointed CEO of REA India, bringing 25 years of experience from Paytm and Google.
- Dhruv Agarwala steps down to pursue his entrepreneurial journey after leading REA India since its inception.
- Sharma to join in July, working from Gurugram and leading REA India into its next phase of growth in the proptech space.
REA India, the parent company of Housing.com and PropTiger, has named Praveen Sharma as its new Chief Executive Officer. Sharma brings with him over 25 years of leadership experience across the technology, digital, media, and advertising sectors in India and the Asia-Pacific region.
The announcement comes after the resignation of Dhruv Agarwala, who co-founded Elara Technologies in 2011 and led REA India through significant milestones, including the acquisition of Housing.com in 2017 and the eventual acquisition by Australia’s REA Group in 2020. Agarwala has stepped down to pursue new entrepreneurial ventures.
In a statement, REA Group said Sharma will join its Executive Leadership Team and take charge of REA India’s next phase of growth. He is expected to formally assume the role in July at the company’s headquarters in Gurugram.
Sharma previously held senior roles at Paytm, where he led key business segments including ads, online payments, and commerce services. Before that, he spent nine years at Google, culminating in his role as Regional Director of Performance Media for the Asia-Pacific, managing ad-product strategies across the region.
REA Group CEO Owen Wilson expressed confidence in Sharma’s appointment, stating, “Praveen has a successful track record in building high-performing teams, scaling digital businesses, and driving product and technology capabilities. His experience will bring significant value to REA India”.
Commenting on his appointment, Sharma said, “I am thrilled to be joining REA India at such an exciting time. The Indian proptech market holds immense potential, and I look forward to leading the team in delivering on that opportunity”.
Sharma will work closely with Agarwala during the transition to ensure business continuity and strategic alignment moving forward.
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