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TV18 appoints Sify's Surya Mantha as Web18 CEO

Written by: Staff
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Mumbai, Aug 30 (UNI) Television Eighteen group has appointed Surya Mantha as the Chief Executive Officer for its internet business arm Web 18.

Prior to this appointment, he was heading the interactive service business for Sify India based out of Chennai, a TV 18 release here today said.

TV18 group CEO, Haresh Chawla said, ''Mantha brings with him a unique combination of skills and experience spanning both technology and consumer understanding, particularly in the internet space. This will go a long way in establishing Web18's dominance in the consumer Internet space in India.'' His appointment follows close to the group acquiring three Internet companies - Cricketnext.com, Compareindia.com and Urban Eye, a web design and technology firm. The acquisitions will help the group consolidate its focus on the internet business further.

This was the second round of acquisitions that Web18 has announced.

The company has already acquired stakes in Yatra.com and Jobstreet.com India a few months ago.

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