Former Realme India CEO, Global VP of Realme, and President of Realme International Business Group Madhav Sheth has officially announced his departure from the company. He announced his resignation on his Twitter handle. The development follows last week’s report of him joining HONOR India although the executive has not revealed his future plans in the farewell announcement.
Madhav Sheth quits Realme
Madhav Sheth has been a part of Realme since its inception way back in 2018. He rose through the ranks as he was made the President of the company’s new international business unit in 2021 and the Global VP earlier in March this year. Sheth’s departure from Realme comes after a successful five-year stint at the company.
During his tenure, Sheth played an integral role in establishing the brand’s presence in the Indian as well as European markets. With him, the brand had many notable achievements including the fastest-growing smartphone brand in India and attaining the position of the second-largest smartphone brand in the country.
In his farewell note, Sheth said that the government of India has taken steps towards enhancing Indian exports and he is happy to be a part of it. He wants to contribute toward’s the country’s export business. However, Sheth’s future plans remain unknown. It will interesting to see if he joins HONOR India to resurrect their smartphone business in the country.
Sheth also revealed that Realme’s Founder and CEO Sky Li will now oversee the Indian market. He will continue to be a strong supporter and strategic advisor to Realme.
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