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Arnab Goswami’s Republic ropes in Vikas Khanchandani as CEO
MUMBAI: Ad sales veteran Vikas Khanchandani has joined Arnab Goswami’s TV and digital news venture Republic as its chief executive officer.
With over two decades of working across ad sales, digital, television and media technology, Khanchandani will play an integral role to grow Republic as an independent media tech company.
Prior to Republic, he was serving as the chief business officer of Reliance Broadcast Network Ltd (RBNL). Apart from RBNL, Khanchandani also had stints at Star India and NDTV.
Republic will be an independent platform for journalists and content professionals. The venture aspires to create a movement that will put the power of journalism into the hands of the citizens and to become India’s first footprint into global journalism.
Commenting on the same, Republic founder Arnab Goswami said, “We are delighted to welcome Vikas on board. He is a great leader and joins us with very strong industry experience across multimedia platforms. Together, we believe, we will create the No. 1 news channel in India.”
Khanchandani added, “I am looking forward to working with Republic as I believe in the core objective and vision of launching the first global independent media venture. I am certain we will change the media scenario in India.”
As reported earlier by TelevisionPost.com, Republic is backed by a clutch of investors including Rajya Sabha MP and Asianet News Network CMD Rajeev Chandrasekhar, DEN Networks promoter Sameer Manchanda, veteran investment banker Hemendra Kothari, Asian Heart Institute’s Ramakanta Panda, R Naresh and Shobhana Ramachandhran of TVS Tyres, and Niranjan Shah, owner of Renaissance Jewellery in Mumbai.
Arnab and Chandrasekhar have floated two companies for the new venture. The companies have been named ARG Outlier Media and SARG Media Holding. Joining Goswami and Chandrasekhar is the former’s wife Samyabrata Ray Goswami, who was working with The Telegraph.
The three are on the board of both the companies. Incidentally, the companies have been named after the initials of the husband wife duo. ARG stands for Arnab Ranjan Goswami while SARG stands for Samyabrata Ray Goswami.
Ahmedabad-based Equirus Capital MD Ajay Garg is also a director of ARG Outlier Media. Another person by the name of Mohit Jayanti Raghunath Dhamne is a signatory in the company. SARG has only three directors—Goswami, his wife and Chandrasekhar.