Sumit Ghosh

Senior Director – Retail,Large Formats,Online Marketplace & Omnichannel., Fossil Group, Inc.
Bengaluru, Karnataka,India
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Who Is Sumit Ghosh?

Total Experience23 years
CompanyFossil Group, Inc.
CountryIndia

Sumit Ghosh is a seasoned Indian entrepreneur and technology executive, widely recognized as the Co-founder and Chief Executive Officer of Chingari, a leading short-video sharing and social entertainment platform in India. With a strong foundation in software development and business strategy from his earlier venture, Globussoft Technologies (which he also co-founded and led as CEO), Sumit has demonstrated a keen ability to identify market opportunities and build scalable tech products. He has been instrumental in steering Chingari's rapid ascent, particularly in capturing the market after the ban of TikTok in India. Sumit is a vocal proponent of Web3 and has spearheaded Chingari's innovative integration of blockchain technology with the launch of its native crypto token, $GARI, aiming to empower creators and build a decentralized social media economy. His vision focuses on fostering a vibrant creator ecosystem and leveraging technology to enhance user engagement and monetization.

How Did Sumit Ghosh's Career Path Shape Their Journey?

Sumit Ghosh's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Fossil Group, Inc. - Senior Director – Retail,Large Formats,Online Marketplace & Omnichannel.(2023 to Present)
Madura Fashion & Lifestyle (Aditya Birla Group) - Head Business & Operations – International Brands(2012 to 2013)
Brand Marketing India - Head Retail – Calvin Klein & French Connection(2010 to 2012)
Madura Fashion & Lifestyle - National Retail Manager - Planet Fashion(2006 to 2010)
Arvind Brands - Manager – Buying & Planning (Arrow) (2003 to 2006)
Zodiac Clothing Company Ltd - Executive – Retail Sales (2002 to 2003)

What Are Sumit Ghosh's Key Achievements?

Co-founder & CEO of Chingari

Successfully co-founded and scaled Chingari to become one of India's top short-video platforms, attracting millions of users and significant investor interest.

Pioneered Web3 Integration in Social Media

Led the initiative to integrate the $GARI crypto token into Chingari, making it one of the first large-scale social apps globally to adopt a crypto-based economy for creators and users.

Secured Major Funding Rounds for Chingari

Successfully raised substantial funding from prominent global investors (e.g., Republic Capital, Kraken, Galaxy Digital, Solana Capital) to fuel Chingari's growth, talent acquisition, and technological advancements.

Rapid User Growth and Market Penetration

Instrumental in Chingari's explosive user growth, reaching over 170 million downloads (as of early 2024) and establishing a strong foothold in the competitive Indian social media landscape.

Co-founder of Globussoft Technologies

Previously co-founded and served as CEO of Globussoft Technologies, a software product development company, showcasing early entrepreneurial success and tech leadership since 2009.

What's Sumit Ghosh's Educational Background?

Executive PGDM - General Management

Indian Institute of Management, Kozhikode - Year 2021

Post Graduate Diploma in Fashion Management Studies, Fashion Management

National Institute of Fashion Technology, India - Year 2000

Bachelor's Degree, Chemistry

St. Xavier's College, Ranchi - Year 1996

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Notable news
Hiring actively
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Company Overview

Fossil Group, Inc.
Total employees6100
HeadquartersRichardson
Founded1984

Fossil Group, Inc. is a global design, marketing, distribution, and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, its offerings include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses. Key owned brands include Fossil, Skagen, and Zodiac, while licensed brands feature names like Emporio Armani, Michael Kors, and PUMA. The company aims to deliver high-quality, fashionable products that represent value to consumers worldwide.

Fossil Group, Inc. Stock Information
Fossil Group, Inc., Inc. is listed on the NASDAQ under the ticker symbol FOSL. The company went public on December 10, 1993

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