Magicbricks has appointed Mayank Jain as its Chief Executive Officer, effective October 1, 2026. Jain joins the property platform from CarDekho Group, where he served as CEO of Auto Classifieds for over five years.
During his tenure at CarDekho, Jain led the transformation and expansion of the business, building a profitable platform with artificial intelligence embedded at its core and driving its entry into new international markets.
Before joining CarDekho Group, Jain served as CEO of the Hindi News cluster at Network18, overseeing a portfolio of seven news channels, including News18 India. He has also held leadership positions at Disney Star, BT Group, Samsung and HT Media.
His experience spans sales, marketing, product, strategy and P&L management, with a focus on revenue growth, operational excellence and digital transformation.
At Magicbricks, Jain will focus on accelerating the company’s next phase of growth by leveraging its digital capabilities, advancing technology-led innovation and strengthening its consumer-centric approach. His priorities will include business transformation, improving operational and financial performance, and reinforcing the platform’s position in India’s evolving 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 recognised among IMPACT’s 40 Under 40 and serves 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.
His appointment comes as Magicbricks looks to advance its technology-led growth strategy, drawing on his cross-industry leadership experience and expertise in business transformation.
