Madhav Sheth

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Madhav Sheth
Born (1980-04-21) 21 April 1980 (age 44)
NationalityIndian
Occupation(s)Former CEO of Realme (India); Former Vice President (realme) & Vice President (realme International Business Group)
Known forRealme

Madhav Sheth (born 21 April 1980) is former chief executive officer of realme (India), president of realme International Business Group and vice president of realme.[1][2][3][4][5] He is from Mumbai, Maharashtra, India.

Education[edit]

He studied in St. Xavier’s College and received bachelor’s degree in Business, Management and Marketing from the SVKM’s Narsee Monjee Institute of Management Studies (NMIMS), Mumbai.[6]

He received master's degree in Business Administration and Management from Harvard Business School and is an alumnus of the same.[7][8]

Career[edit]

Sheth began his career as a sales manager for three years with the Priory Business Group in the United States. He joined Perfect Communications (India) in 2008 as a sales director and exited as its chief executive officer in 2016. The same year, he joined Oppo as its sales director where he focused primarily on online and offline sales expansion.[9]

On 4 May 2018, Sheth co-founded realme with Sky Li (Li Bingzhong), the former vice president of Oppo. He became the chief executive officer of realme India and Europe, followed by being the vice president of realme since 2019.[10] He spearheads realme's strategy development, market expansion, product engineering, and brand recognition initiatives.[11] Under Sheth's leadership, realme has become the fourth largest smartphone brand in India, according to International Data Corporation (IDC) and Counterpoint Research.[12][13] Sheth is a guest columnist in various notable national and international publications such as Forbes (India), Times of India, Fortune, Economic Times, and Hindustan Times.

Leadership[edit]

As the realme CEO, Sheth begins his day with a to-do list for an organised start to the day and connect with relevant teams for briefing through Microsoft Teams or Zoom.[14] His leadership focuses on building agile teams that can quickly comprehend the changing market values and execute them within the product development and delivery dimension.[15] Under Sheth's leadership, realme increased its donations to charity, especially during the Covid-19 pandemic in India.[16][17]

Exit From Realme and present[edit]

On 14 June 2023, Sheth formally quit from all his positions at Realme.[18] According to many news sources, it was speculated that Sheth may join another Chinese smartphone company Honor into its relaunch in India.[19] In early August 2023 many of his core team executives who helped him to build Realme brand in India also left the company and were speculated to Join Honor as well.[20]

Recognition[edit]

  • 25 Most Influential Young Indians - GQ India (2021)[21]
  • Emerging Global Leader of the Year - Jagran HiTech Awards (2020)[22]
  • 100 Emerging Voices of 2019 - YourStory (2019)[23]
  • Most Influential 40 Under 40 - Businessworld (2019)[24]
  • Tech Personality of the Year - Dainik Jagran (2019)[25]

Personal life[edit]

He lives in Gurgaon, India with family.[26] He prefers to play squash and read to unwind, especially books on Steve Jobs.[6] He practices yoga and meditation for work-life balance.[27] In the post-pandemic world, Sheth feels the lockdown was the perfect opportunity to learn a new skill and upgrade oneself.[28]

References[edit]

  1. ^ "Realme appoints Madhav Sheth as President of International Business Group". Business Today. Retrieved 2021-11-22.
  2. ^ Realme India CEO Madhav Sheth, Next Poster Boy of Indian Smartphone Industry
  3. ^ Staff (2019-05-09). "Xiaomi is 'insecure' of Realme's growth in India: CEO Madhav Sheth quoted as saying". BGR India. Retrieved 2021-03-10.
  4. ^ "Realme is now the world's sixth-largest smartphone maker". Android Central. 2021-09-22. Retrieved 2021-09-23.
  5. ^ www.ETTelecom.com. "Realme India CEO to lead brand expansion in Latin America region - ET Telecom". ETTelecom.com. Retrieved 2021-09-23.
  6. ^ a b Menon, Rashmi (2020-02-23). "'A good read always adds to my happiness'". mint. Retrieved 2021-03-10.
  7. ^ "Jagran HiTech Awards: Realme, OnePlus, Hyundai and BMW overshadow others to bag maximum number of trophies". Jagran English. 2019-11-30. Retrieved 2021-05-21.
  8. ^ "Morning Stars: Fruit Juice And A To-do List For An Organised Start To The Day For Realme CEO Madhav Sheth". Moneycontrol. Retrieved 2021-05-21.
  9. ^ Shubham Verma (June 17, 2020). "Realme an Indian startup, its smartphones made in India: CEO Madhav Sheth". India Today. Retrieved 2021-03-10.
  10. ^ www.ETTelecom.com. "Realme elevates India CEO Madhav Sheth to lead Europe and North America regions - ET Telecom". ETTelecom.com. Retrieved 2021-03-10.
  11. ^ Kronfli, Basil (2020-08-15). "Realme is the most important phone brand you've never heard of". Wired UK. ISSN 1357-0978. Retrieved 2021-03-10.
  12. ^ "We want to become a tech trendsetter brand: Madhav Sheth, VP and CEO, Realme India". The Financial Express. 2020-07-02. Retrieved 2021-03-10.
  13. ^ "India Smartphone Market Share: By Quarter". Counterpoint Research. 2021-02-21. Retrieved 2021-03-10.
  14. ^ "Morning Stars: Fruit Juice And A To-do List For An Organised Start To The Day For Realme CEO Madhav Sheth". Moneycontrol. Retrieved 2021-06-28.
  15. ^ "Madhav Sheth feels 'new normal' has made us more agile, is using the time to course-correct". The Economic Times. Retrieved 2021-06-28.
  16. ^ MySmartPrice, Team (2021-04-30). "Realme India Donates 100,000 Masks and 3000 Litres of Oxygen To Fight Covid Second Wave". MySmartPrice. Retrieved 2021-06-28.
  17. ^ Jeet (2020-01-27). "Several Chinese smartphone brands donate up to 30 million yuan to fight coronavirus". Gizmochina. Retrieved 2021-06-28.
  18. ^ "Realme India CEO Madhav Sheth quits". www.thehindubusinessline.com. 2023-06-14. Retrieved 2023-08-03.
  19. ^ Sekhose, Marcia (2023-07-12). "Honor to relaunch smartphone business in India in August under Madhav Sheth: Report". Retrieved 2023-08-03.
  20. ^ Bureau, ABP News (2023-08-02). "Tough Times Ahead For Realme India, Over A Dozen Execs Quit To Join Honor Team". news.abplive.com. Retrieved 2023-08-03.
  21. ^ Sethi, Shikha. "Innovators, entertainers, disruptors, game changers: Meet GQ's Most Influential Young Indians". GQ India. Retrieved 2021-05-21.
  22. ^ "Realme Community". Realme. Retrieved 2021-03-10.
  23. ^ YourStory: 100 Emerging Voices of 2019
  24. ^ Bureau, BW Online. "Prominent Change Makers Under The Age Of 40 Honoured". BW Businessworld. Retrieved 2021-05-21.
  25. ^ "Jagran HiTech Awards: Realme, OnePlus, Hyundai and BMW overshadow others to bag maximum number of trophies". Jagran English. 2019-11-30. Retrieved 2021-05-21.
  26. ^ Next Startup Story - Madhav Sheth
  27. ^ "Yoga, tech and a to-do list help Realme India boss stay productive during WFH". The Economic Times. Retrieved 2021-06-28.
  28. ^ Tellis, Shannon. "Learning Spanish, journaling & meditating: Realme India CEO feels lockdown is the perfect opportunity to learn a new skill". The Economic Times. Retrieved 2021-06-28.
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