Startup Originals Team
London-headquartered tech company Nothing has named Hemant Kundavaram as Chief Financial Officer (CFO) for Nothing India. This strategic appointment underscores the brand’s commitment to rapid expansion and a robust financial strategy in one of its largest markets.
Hemant Kundavaram’s Background and Experience:
Hemant brings over 20 years of finance and accounting experience to Nothing India. A Chartered Accountant from the class of 2005, he graduated with a B.Com from Tirupati, Andhra Pradesh, in 2002. His career spans roles at global giants like Ford India, IBM, Thomson Reuters, and Rockwell Collins, before moving to fast-growth startups in 2015. Most recently, he served as CFO at PMI Electromobility.
With deep expertise in fundraising, investor relations, initial public offerings (IPOs), and capital market operations, Hemant is well-placed to steer Nothing’s financial strategy as the company accelerates its India growth.
Vision for Nothing India:
Expressing his enthusiasm, Hemant Kundavaram said:
“Nothing’s journey so far has been truly remarkable. I’m excited to be part of this next chapter as the company accelerates its growth and deepens its presence in India. My focus is on building a strong financial foundation to match fast-paced expansion and further strengthen the brand’s vision for India.”
Company Commentary and Recent Performance:
Akis Evangelidis, Nothing’s Co-founder and India President, reaffirmed India’s central role in the company’s global vision:
“India is at the core of Nothing’s growth story. Hemant’s proven skills in financial operations and capital strategy will be crucial as we scale rapidly. With him, we are strengthening our foundation to achieve global ambitions-building from India to the world.”
Nothing India recently recorded outstanding growth, achieving a 146% year-over-year surge and securing its place as the fastest-growing smartphone brand in India for the sixth straight quarter, according to Counterpoint’s Q2 2025 Smartphone Shipment Tracker.
Strengthening the Leadership Team:
This move is the second major senior leadership appointment for the India unit, following Akis Evangelidis taking over as India President. By investing in seasoned leadership, Nothing reaffirms its commitment to sustaining momentum and continuing to disrupt India’s tech landscape.
Conclusion:
With Hemant Kundavaram’s appointment as CFO, Nothing India is poised for stronger financial discipline, sharper execution, and even greater growth-furthering its ambition to make India a cornerstone of its global operations.
