Published on: October 19, 2026
Magicbricks has appointed Mayank Jain as its Chief Executive Officer, effective October 1, 2026. Jain joins the real estate platform from CarDekho Group, where he served as CEO of Auto Classifieds for more than five years.
With over two decades of experience spanning digital, media, technology and consumer businesses, Jain brings a track record in business growth and transformation. During his tenure at CarDekho Group, he led the development of its Auto Classifieds business, with a focus on improving profitability, integrating artificial intelligence and expanding into international markets.
Before CarDekho Group, Jain headed the Hindi News cluster at Network18, overseeing seven news channels, including News18 India. His previous leadership experience also includes roles at Disney Star, BT Group, Samsung and HT Media.
Jain’s expertise covers sales, marketing, product development, business strategy and profit and loss management, with an emphasis on revenue growth, operational efficiency and digital transformation.
At Magicbricks, he will lead initiatives focused on business transformation, technology-driven innovation and stronger operational and financial performance. He will also work to deepen the platform’s consumer-centric approach and strengthen its position in India’s real estate market.
Jain holds an MBA from INSEAD, a PGDM from the Management Development Institute (MDI), Gurgaon, and a degree in Computer Engineering. He has been named among IMPACT’s 40 Under 40 and has served as guest faculty at the Centre for Entrepreneurship at Ashoka University. Based at Magicbricks’ Noida office, Jain will report to N. Subramanian, Executive Director and Group CEO of The Times Group.
Read more: Cheil India Names Neha Shrivastava as Vice President – Head of Digital
