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Network18 elevates Durga Raghunath as Digital CEO
MUMBAI: Network18 Digital, the digital content arm of Network18 group, has strengthened its leadership structure by elevating Durga Raghunath to CEO. She was CEO of Firstpost.com, the news and opinion portal of the group. Lakshmi Narasimhan, the previous CEO for the group’s digital content business, is now moving onto a corporate role.
Network18 Digital, earlier referred to as Web18, comprises a bouquet of the digital content brands and services. This includes Moneycontrol.com for financial news and information, general news and current affairs brand Ibnlive.com, Firstpost.com, lifestyle listings, reviews and recommendations site Burrp.com.
Network18 Digital has also recently launched Firstbiz.com – a stand-alone business news and views website from Firstpost and News18.com. Cumulatively, Network18 Digital reaches over 25 million unique visitors on an average every month, according to comScore.
Network18 COO Ajay Chacko said, “At Network18 Digital, we are proud to have built cult digital content brands which have had a defining influence on the space. As consumer internet in India undergoes a paradigm shift, we continue to be focused on leading this change from the front. Durga is well-equipped to lead this effort for us due to her strong understanding of the digital user, products and the opportunity.”
Narasimhan added, “Durga has played a stellar role in transforming Firstpost from an innovative idea into a leader brand today. We are confident that in this expanded mandate, she will take Network18 Digital to newer heights”
Raghunath said, “The Network18 Digital portfolio would make anyone proud. As digital usage and spends spiral up in India, it is exciting to have the opportunity to do more with our existing products as well as build new ones”
Raghunath has over ten years experience in publishing – both books and digital. She previously worked with the Wall Street Journal, Mint and HarperCollins in New York. She joined Network18 in 2011 and conceptualised and launched firstpost.com.