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Ilya St
October 22 10:12

TheAsianparent appoints former Rocket Internet exec to lead corporate finance

Detwani's plans for the new position include increasing the company's profit, which is expected to reach $100 million. He expected to achieve these results by implementing new strategic and technological initiatives
A well-known Parenting-focused content platform , TheAsianparent appointed former executive director of Rocket Internet Jatin Detwany as head of its corporate finance, commerce and strategy department. This year, TheAsianparent entered Series C funding round led by Fosun. Company has received eight-digit funding and plans to use it to develop and expand its operations in Asia and Africa. Today, the platform already operates in Thailand, the Philippines, Malaysia, Indonesia, Vietnam, Hong Kong, Sri Lanka, India, Taiwan and Japan.
Previously, Detwany was a CFO of Rocket Internet JV in the Asia-Pacific region. There, he successfully managed more than 15 enterprises. He also held the same position at GEMS Eduventures' investment division in London.
Detwani shared his thoughts on his appointment. "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", he stated. Prior to his hire, Susana Tsui became a CEO of media in TheAsianparent last month.
Today, TheAsianparent boast more than 200 employees in 12 countries. Company was created in 2009 as a parenting blog  and in 10 years has become online community for parents in Asia.