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Arunabh Kumar steps down as TVF CEO; Dhawal Gusain takes over
MUMBAI: Facing allegations of sexual harassment, digital content creator TVF’s founder Arunabh Kumar has stepped down as the CEO of the company.
Dhawal Gusain, the current COO of the company, has replaced Kumar as the new CEO.
“TVF today announces the appointment of Dhawal Gusain as the new CEO. Dhawal takes over from Arunabh Kumar who has decided to step down as the CEO of TVF,” TVF said in a statement.
Kumar was arrested and released on the same day by the Mumbai Police following FIRs filed against him by women who alleged that they have been molested by the TVF founder.
Dhawal Gusain has been with TVF since 2015 as the COO of the firm. With over a decade of industry experience, Dhawal has been in leadership and management roles across various sectors and geographies. In the past, he has worked with Hindustan Unilever Limited, PwC’s Strategy & (formerly Booz & Company) and DropThought (VC-backed Silicon Valley start-up) at various locations in India and the United States.
He holds an MBA from Stanford Graduate School of Business and a B-Tech from IIT Kharagpur.
Backed by Tiger Global Management, TVF is one of the most popular digital content company targeted at millennials. It has been credited with creating hit shows like ‘TVF Pitchers’ and ‘Permanent Roommates’.
In 2016, Tiger Global Management had picked up 25% stake in TVF for $10 million. The investment valued the company at Rs 270 crore.