TheAsianparent appoints former Rocket Internet exec to lead finance

Parenting-focused content platform theAsianparent has appointed former Rocket Internet exec Jatin Detwani to lead the company’s corporate finance, commercial, and strategy functions.

Jatin Detwani (left) with Susana Tsui, TheAsianparent’s CEO of media / Photo credit: TheAsianparent

Prior to his appointment, Detwani served as the Asia-Pacific chief financial officer of Rocket Internet JV, where he managed over 15 businesses in the region. He also held the same position during his time at GEMS Eduventures in London, the investment arm of GEMS Education group.

At theAsianparent, Detwani will implement and drive new strategic, commercial, and tech initiatives for the company to help it report US$100 million in revenue within the next few years, according to a statement.

“Having founded and led startups, the tech startup space is familiar ground where I have gained and learned from. I am thrilled to be part of a team as driven as theAsianparent’s and look forward to contributing to the growth of the business,” Detwani said.

The latest development follows the appointment of Susana Tsui, who was previously Dentsu Aegis Network China’s group CEO, as theAsianparent’s CEO of media last month.

Having started as a parenting blog back in 2009, theAsianparent has transitioned to become a multinational content platform and an online community for parents in Asia. The company said it now has over 200 employees based across 12 countries.

Earlier this year, theAsianparent banked an eight-figure amount of funding in an oversubscribed series C round led by China’s Fosun. It intends to use the funds to further develop its app and expand in Asian and African markets such as Nigeria, Kenya, and South Africa.

The platform currently operates in Thailand, the Philippines, Malaysia, Indonesia, Vietnam, Hong Kong, Sri Lanka, India, Taiwan, and Japan.