Netcore Cloud appoints Siddharth Gopalkrishnan as new COO

Netcore Cloud has announced the appointment of Siddharth Gopalkrishnan as its new Chief Operating Officer (COO).

This move aligns with the company's objective to double its revenue over the next three years while expanding its global presence.

Siddharth Gopalkrishnan, an alumnus of the Indian Institute of Management, Bangalore, brings over 16 years of experience from his tenure at McKinsey & Co. During his time at McKinsey, he led several transformative digital initiatives across a range of sectors, including e-commerce, automotive, financial services, healthcare, and consumer goods.

Rajesh Jain, Founder of Netcore Cloud, commented on the appointment, highlighting the strategic importance of this addition. "With our sights set on scaling to USD $200 million ARR, Siddharth's leadership will be instrumental in refining our global strategy and enhancing our brand's value proposition. His dual expertise in consulting and business building is exactly what we need to navigate the next chapter of growth," he said.

Kalpit Jain, Group CEO of Netcore Cloud, also expressed enthusiasm over Gopalkrishnan's new role. "Apart from being a dynamic leader, Siddharth's deep understanding of what it takes to build profitable D2C brands and lead tech-enabled transformations across sectors where Netcore already has a strong presence, will be invaluable to our journey going forward. We look to expand our global footprint and deliver exceptional value to our clients and partners," he noted.

Gopalkrishnan himself spoke about his new position at Netcore Cloud and emphasised the potential he sees in the company's product offerings. "With Netcore Cloud's exceptional product suite and AI-powered innovations, we have a unique opportunity to not just lead the MarTech space but redefine it. Having seen this space from a user's perspective for many years, I see immense untapped potential for brands to leverage platforms like Netcore. I look forward to working closely with the very talented leadership team at Netcore to build on the current platform and push the boundaries of what's possible in the realm of customer experience," he stated.

In his new role, Gopalkrishnan will be focusing on constructing next-generation propositions around customer engagement, retention, and personalization. Additionally, he will refine the company's go-to-market strategies and enhance operational efficiency. Furthermore, Gopalkrishnan will work towards establishing strategic partnerships to extend Netcore Cloud's presence in global markets.

Netcore Cloud is targeting an annual recurring revenue (ARR) of USD $200 million within the next three years. The company believes that Gopalkrishnan's experience in both B2B and B2C business models, combined with his expertise in creating and scaling digital-first businesses, will be instrumental to their ambitions. This appointment is seen as a significant step in their broader strategy to capitalise on their existing foundations and drive future growth.

The announcement comes as Netcore Cloud continues to emphasise its commitment to innovation and expansion within the marketing technology and customer engagement solutions sectors. The company aims to leverage Gopalkrishnan's extensive background in digital transformation to navigate the complexities of the evolving market and sustain its competitive edge.