INDIAN NEWS & TIMES

Wednesday, March 29, 2023

An FMCG expert in Food and Beverage industry, Mithun Appaiah has rich experience spanning across the spectrum of marketing, sales, key account management, customer marketing, business development, SCM, R&D, P&L management, developing new business channels, E-commerce, and start-up acceleration.

Over the last 2 decades, he has worked across verticals with leading brands like Nestle, UB Group, and Britannia and has also been instrumental in building brands like ID Fresh foods and Sumeru.

Prior to this appointment, Mithun Appaiah was the CEO and Executive Director at Innovative Foods Ltd, makers of the brand Sumeru. Under his leadership, the brand saw high double-digit revenue growths, first-in-market launches, profitability as well as enhanced distribution across channels. Under him, the company reduced losses and made profits for the first time ever in a decade for 2 years consistently also with a 40% growth in the last FY before quitting. 

In his assignment as the Vice President of ID foods, the brand saw disruptive growth. Under his watch, the revenues, and retail footprint tripled in  2 years. He also pioneered a retail expansion in India and UAE, Disruptive Marketing, digital initiatives, new channel development, R&D as well as many first-in-the-industry concepts.

Commenting on his new role as CEO, Mr. Mithun Appaiah said, “WOW is a loved brand and has created huge consumer equity across the food vertical. I am excited to work with amazing people with the right vision and clarity to build a full-stack FMCG business under the brand WOW. This entrepreneurial journey of creating an FMCG vertical from scratch is what excites me the most’’.

In his new role, Mithun Appaiah will use his expertise across brands and roles to build an FMCG vertical with innovative categories across Momo’s, sauces, noodles, beverages, and many more. 

India’s leading QSR brand WoW Momo Foods Ltd. appointed Mithun Appaiah as the CEO of their FMCG business. He holds an MBA in Business Administration and Management from IFIM Business School Bangalore and was the topper in marketing. IFIM now rechristened as Jagdish Seth School of Management (JAGSOM) is among the top 25 business schools in the country and one of the Top AACSB Accredited and Globally ranked b-School in India.

An FMCG expert in Food and Beverage industry, Mithun Appaiah has rich experience spanning across the spectrum of marketing, sales, key account management, customer marketing, business development, SCM, R&D, P&L management, developing new business channels, E-commerce, and start-up acceleration.

Over the last 2 decades, he has worked across verticals with leading brands like Nestle, UB Group, and Britannia and has also been instrumental in building brands like ID Fresh foods and Sumeru.

Prior to this appointment, Mithun Appaiah was the CEO and Executive Director at Innovative Foods Ltd, makers of the brand Sumeru. Under his leadership, the brand saw high double-digit revenue growths, first-in-market launches, profitability as well as enhanced distribution across channels. Under him, the company reduced losses and made profits for the first time ever in a decade for 2 years consistently also with a 40% growth in the last FY before quitting. 

In his assignment as the Vice President of ID foods, the brand saw disruptive growth. Under his watch, the revenues, and retail footprint tripled in  2 years. He also pioneered a retail expansion in India and UAE, Disruptive Marketing, digital initiatives, new channel development, R&D as well as many first-in-the-industry concepts.

Commenting on his new role as CEO, Mr. Mithun Appaiah said, “WOW is a loved brand and has created huge consumer equity across the food vertical. I am excited to work with amazing people with the right vision and clarity to build a full-stack FMCG business under the brand WOW. This entrepreneurial journey of creating an FMCG vertical from scratch is what excites me the most’’.