Navin Tewari is an Indian Businessman who will be serving as the Managing Director and Chief Executive Officer (CEO) at Capital Foods Private Limited from 1 January, 2021. He succeeded the Capital Foods Founder, Ajay Gupta, who will thereafter serve as the Non-Executive Chairman. It is regarded as one of India's fastest growing food companies, headquartered in Bangalore. He joined the company in early 2019 and secured the prestigious position of CEO. Under his leadership, the company elevated with a 50 % growth. The venture is backed by marquee private equity firms, Invus Group and General Atlantic.
Navin Tewari- Biography
| Name | Navin Tewari |
|---|---|
| Nationality | Indian |
| Current city | Mumbai, Maharashtra, India |
| Qualification | Bachelor in Commerce; Chartered Accountant |
| Profession | Businessman |
| Position | Managing Director & CEO, Capital Foods Private Limited |
Navin Tewari- Personal Life
Navin Tewari- Education
Navin Tewari- Professional Life
Navin Tewari- Executive President at UltraTech Cement
Navin Tewari- Capital Foods
Navin Tewari- History of Capital Foods
Navin Tewari- Business Idea
Daughter companies- Ching's Secret & Smith & Jones
Navin Tewari- Personal Life
Navin is known for his vicarious and people oriented approach. He is highly skilled in Mutual Funds, Insurance, Investment Advisory, Business Relationship Management. He loves to be called an explorer as he is always in search of implementing new ideas to bring disruption in the industry and thereafter build sustainable scale.
Navin Tewari- Education
Navin is a qualified Chartered Accountant and holds a Bachelor's degree in Commerce. He also did some online professional courses like EPGC 2018 Executive Program for Growing Companies Stanford Graduate School of Business and learnt management roles through the P&L Leadership Program INSEAD 2013.
Navin Tewari- Professional Life
Navin started his professional career as a Merchant Banker in 1995. Later, in 2004, he was appointed as the Head of North & East Zone of ICICI Prudential AMC Limited. After working for around 4 years, he left the job in 2008.
Post that, he joined Birla Sun Life Asset Management Company Limited (BSLAMCL) and worked as Co Head Sales in 2008. In the same company, he was promoted further as Head Customer Engagement in July 2010. He sought a new way look at the customer where Marketing, Products Management / development & client relations worked together.
He got another promotion as the Head of Sales and Marketing in August 2011 at Birla Sun Life. He reformed the entire team for transformation from product sellers to solution providers, disproportionate and profitable growth. This strategy helped in creating new categories and revamping client servicing architecture and the brand.
He assiduously worked with several industries ranging from cement, food, mutual funds to varied aspects of financial services.
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Navin Tewari- Executive President at UltraTech Cement
Navin served as the Executive President of UltraTech Cement from July 2013 to December 2018. He examined Cement sales and marketing business for North India. He was responsible to expedite the business engine to grow and scale the elevating heights in already established and successful cement business.
Navin Tewari- Capital Foods
Navin started working with Capital Foods as the CEO from January 2019. However, he got a promotion recently and secured his position as the Managing Director and CEO, these changes are effective from 1st January 2021.
Capital Foods is the maker of the famous Ching's Secret and Smith & Jones brands. The company was founded in 1996. The current employee size counts around 1001-5000. The company is headquartered in Bangalore.
It has its expansion beyond the western region to a pan-India presence across sectors, with a significant audience base in Karnataka, Haryana, and Himachal Pradesh.
Navin Tewari- History of Capital Foods
Capital Foods is a venture that manufactures and distributes packaged food products. The company sells a variety of ethnic cuisines like, Chinese, Thai, Italian, Indian and European and letting customers to enjoy flavor and taste of good food. It also manufactures processed foods for various international brands.
Ajay Gupta founded the company in 1996. He then launched the daughter company Ching's Secret followed by Smith & Jones. He handed over the CEO position to Navin Tewari by seeing his potential and capability to excel as a mentor and managing director.
Navin Tewari- Business Idea
The primary idea behind the changes happening in Capital Foods comes at a time when there is a high demand of packaged foods sector. This significantly raised the interest of investors and surge in sales, ignited by rapid increase in home consumption or home-made foods.
The product franchise of Capital Foods include, frozen foods, ready-made snacks, spices, and condiments. Under the portfolio of Capital Foods, the Ching's Secret brand sells eatable items like, soups, noodles, and sauces and Smith & Jones sells pastes and mixes.
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Daughter companies- Ching's Secret & Smith & Jones
Mumbai-based Ching's Secret was launched through the parent company, Capital Foods. Ajay brought forth the idea of debuting the staple trilogy of Chinese sauces followed with noodles. He thought of selling the products that would solely look like a product of Chinese origin. However, in 2015, Ajay launched the category of Desi Chinese, an Indo-Chinese or fusion cuisine. Smith & Jones is a brand that sells noodles & sauces manufactured and distributed by Capital Foods Limited India.
FAQs
Who is Navin Tewari?
Navin Tewari is an Indian Businessman who will be serving as the Managing Director and Chief Executive Officer (CEO) at Capital Foods Private Limited from 1 January 2021.
Where is from Navin Tewari?
Navin Tewari is from Mumbai.
When was capital foods founded?
Capital foods was founded in 1996.
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Author: Megha Rani
Source : https://startuptalky.com/navin-tewari-capital-foods/
Date : 2021-04-17T06:29:00.000Z