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Karthik Balagopalan steps down from PUMA India as Managing Director

He joined PUMA in 2006, led India after global retail roles, and used his D2C expertise to drive the brand’s growth in India

BY TEAM IMPACT
Published: Oct 28, 2025 1:47 PM 
Karthik Balagopalan steps down from PUMA India as Managing Director

Karthik Balagopalan has moved on from PUMA India as Managing Director to focus on family in Germany. As per its press statement, PUMA India will announce the successor soon.

Balagopalan joined PUMA in 2006 and led the India business after serving as the brand’s global director of retail and e-commerce. Over nearly 20 years, he held key roles in retail and business development in India and globally. His expertise in direct-to-consumer strategy helped drive PUMA’s growth in India.

He took over from Abhishek Ganguly, who led PUMA India for almost a decade before starting his own venture.

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  • PUMA India
  • Karthik Balagopalan
  • Abhishek Ganguly

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