Former Netflix Marketing Head Srivats TS Joins Reliance Retail

Srivats TS recently made the transition from Netflix to Reliance Retail, where he is now employed as the senior vice president and head of marketing. Srivats departed from his role as vice president of marketing at Netflix in May, following nearly four years of service.
Prior to joining Netflix, he held the role of Senior Vice President of Marketing & Customer Experience at Swiggy for approximately five years. In this capacity, he spearheaded initiatives to drive growth, enhance brand affinity, and increase consumer adoption using a combination of marketing, branding, and digital strategy.
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Throughout his tenure at Swiggy, he made significant contributions to the development and enhancement of the company's brand, as well as the expansion of its consumer base. In his capacity as SVP at Swiggy, he was instrumental in steering the company's overall marketing and customer experience strategies to drive business growth and enhance brand perception.
Srivats, a graduate of IIM Calcutta, possesses nearly two decades of experience in various roles within prominent consumer firms and technology-driven startups. Before joining Swiggy, he served as the leader of digital brand marketing at Quikr. During his earlier years at Nokia, he held positions in brand marketing, consumer insights, and organized trade functions.
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Srivats is renowned for his expertise in developing and expanding technology-driven brands, with a consistent emphasis on marketing strategies guided by data and communication that is both methodical and innovative on a variety of traditional and modern channels.
Reliance Retail has brought on board Guillaume de Colonges, a former Carrefour executive, to manage its grocery business. This decision indicates that he may be in line to replace Damodar Mall, who is currently the CEO of the company's grocery retail division.
The retail division of Reliance Industries Ltd (RIL) is getting ready for a potential initial public offering, expected to take place in 2027 or 2028. The current valuation of the retail business is estimated to be approximately $100 billion, as stated in a report by Axis Securities on October 13.
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Colonges, previously the chief commercial officer at Carrefour, was recruited earlier this year, as per sources familiar with the matter. Reliance Retail runs several business divisions overseen by individual CEOs, such as Akhilesh Prasad who heads the fashion and lifestyle sector, Sandeep Varaganti in charge of JioMart, and Brian Bade managing Reliance Digital.