Magicbricks has appointed Mayank Jain as Chief Executive Officer, effective 1 October 2026. Based at the company’s Noida office, he will report to N. Subramanian, Executive Director and Group CEO of The Times Group.

Jain joins from CarDekho Group, where he served as CEO of Auto Classifieds for over five years. During his tenure, he led the business’s transformation and expansion, building a profitable platform with artificial intelligence embedded in its operations and supporting its entry into international markets.

He brings over two decades of leadership experience across digital, media, technology and consumer businesses. Before CarDekho, he served as CEO of Network18’s Hindi News cluster, overseeing seven channels, including News18 India. He has also held leadership positions at Disney Star, BT Group, Samsung and HT Media, spanning sales, marketing, product, strategy and profit and loss management.

At Magicbricks, Jain will focus on accelerating growth, advancing technology-led innovation and strengthening the platform’s consumer focus. His responsibilities will include business transformation and improving operational and financial performance within India’s evolving real estate market.

Jain holds an MBA from INSEAD, a PGDM from Management Development Institute, Gurgaon, and a degree in Computer Engineering. He has been recognised among IMPACT’s 40 Under 40 and serves as guest faculty at Ashoka University’s Centre for Entrepreneurship.