Magicbricks has appointed Mayank Jain as its new Chief Executive Officer (CEO), effective October 1. This announcement was made on Friday, marking a significant leadership change for one of India's leading property platforms.

Background on Mayank Jain

Jain joins Magicbricks from CarDekho, where he served as the CEO of Auto Classifieds for over five years. With more than two decades of experience in digital, media, technology, and consumer businesses, he brings a wealth of knowledge to his new role.

Goals and Priorities

In his new position, Jain will focus on:

  • Accelerating the company's growth phase
  • Leveraging digital capabilities
  • Advancing technology-led innovation
  • Strengthening a consumer-centric approach