Madhav Sheth leaves Realme, says it is time to move on and start a new journey

By Sneha SahaRealme’s Madhav Sheth has left the organization to start a “new journey”. Sheth, who has been a part of Realme India’s success journey since day one, announced the news of his exit on Wednesday. Realme was launched in India back in 2018. “After 5 years at realme, it’s time for me to move on and start a new journey,” Sheth noted in an official tweet. Sheth’s exit comes months after Xiaomi India head Manu Jain quit.

In a long exit message, Sheth said that “Realme has been an integral part of my life, a brand that was so much more than just on organizationit has been my home, my passion, and my purpose, I am proud of everything we accomplished together over the past five years, as we grew the brand and watched it proliferate. But even more important was what the brand gave back to me.”

He further said that “the Government of India has taken many steps towards enhancing Indian exports for many years, and I am happy to be a part of this and support the government’s export plan.” “After a long conversation with Sky Li and also with his support, it’s time for me to contribute my share to the country’s export business,” Sheth further noted.

“I’m still a strong supporter and a strategic advisor to Realme for its development strategy. Global product observations, market insights, and operating suggestions,” he noted. Sheth added that “Realme India is strategically important and Sky Li will now oversee this market.”

Madhav Sheth’s next step?

So, where is Sheth heading next? While there is no official confirmation on this yet, reports suggest that he will join Honor and help boost its business in India. Of late, Honor has been silent on phone launches in India, but the company never officially existed the market. Last year, an Honor spokesperson refuted reports about the company exiting the Indian market. “Honor is maintaining business operation[s] in India and will continue its development. The earlier news report that ‘Honor officially announces its exit from the Indian market’ is not correct,” the spokesperson said.