ibiboGroup names Mudit Khosla as the CEO of Tradus.com

Feb. 27, 2013 - PRLog -- ibiboGroup is pleased to announce the appointment of Mudit Khosla as CEO of Tradus.com. Tradus.com is a leading ecommerce marketplace business in India that enables thousands of sellers to transact with millions of buyers.

Mudit has spent over a decade in the E-commerce industry and has hands on experience of building businesses from scratch and rapidly scaling them. He was recently named one of the “top 100 Icons of India's digital ecosystem by Impact Magazine”

Mudit joins Tradus.com from ‘seventymm.com’, wherein he was the CEO of the company. At seventymm.com, his mandate was to turn around its operations. He achieved the goals and pivoted seventymm into a B2C e-commerce player.  Prior to‘seventymm’, Mudit was a founding member of Yatra.com, wherein he played a critical role in making the company a leading online travel player. At Yatra, Mudit drove various aspects such as Hotels business, payment partnerships, marketing & alliances.

Mudit started his e-commerce journey as part of the founding team of Indiatimes.. During his stint at Indiatimes, he drove the marketplace business and also launched innovations such as  ‘Tell Your Price’ : reverse auctions that resulted in high volume transactions.

Speaking on his appointment, Mudit said "E-commerce industry has undergone a tremendous transformation over the past few years, and is uniquely poised for growth over the next decade. As a leading online marketplace, Tradus.com has amazing opportunities to tap this potential and I look forward to being a part of this growth story."

Speaking on the appointment, Ashish Kashyap, CEO, MIH India & ibiboGroup said - “Mudit joins us at a time, when we are taking Tradus platform to a new level and further energizing the same. Mudit has deep understanding of the e-commerce space backed by very strong execution. He has the right energy to lead large teams and create value. We are excited to get him on board.”

About Tradus.com

Tradus is India's fastest growing marketplace, where buyers and sellers come together to conduct transactions. With over a thousand pre-qualified merchants and an industry-leading buyer protection policy, Tradus offers a worry-free shopping experience where you can buy a wide variety of products across 50 different categories ranging from the latest gadgets to exquisite hand-crafted jewelry - all in one shopping cart. With no retailers in the middle, you get wholesale prices on branded product at your doorstep.

About ibiboGroup

At ibiboGroup our mission is to enable trusted transactions between buyers and sellers.

“ibiboGroup” has been built up from scratch to become one of top E-commerce and online transactions organization in India. The group was founded Ashish Kashyap (Group CEO) in 2007. Business Week named ibiboGroup in 2009 among the world’s top 50 technology start-ups ; In 2012 ibiboGroup  was named Red Herring Top 100 Asia Winner.

The key portfolio organizations of the group are Goibibo.com (Online Travel); ibibo Games (Games); Tradus.com (Online Marketplace); PayU.in (Online Payments) & Gaadi.com (Auto Classifieds).

ibiboGroup’s principal investors are  Naspers (http://www.naspers.com/), South Africa and China's, Tencent. (http://www.tencent.com/en-us/index.shtml)