Madhav Sheth says goodbye to leading role at Realme
Realme has seen explosive growth in terms of sales in prominent regions such as India and its product portfolio alike. It started out as a subsidiary of OPPO under the BBK Electronics umbrella, yet now operates as an international OEM with its own (very) full range of Android smartphones, smart tech sub-brands and even its own laptops.
Accordingly, it is sometimes hard to believe that the company did all of this in just under 5 years of existence. Madhav Sheth has been there for pretty much all of that time, initially as Realme's CEO and later as its vice-president and leader of its consumer business group.
Sheth has seen the company through its meteoric rise to a top TWS audio brand in India within 1 year; the establishment of its Dizo and TechLife lines to help it reach more markets and market segments and, most recently, the release of the OEM's first ever 200MP camera smartphone (now on sale in India starting at INR 27,999 (~US$342)).
Now, however, the executive has decided that it is time to part ways with the company. Sheth notes that it will be difficult to say goodbye to Realme as it has been integral to his life for so long, yet feels it is necessary to move on to "new adventures", which apparently involve contributing to the Indian government's "export plan".
The executive has left his former company in a relatively strong position in the smartphone market, and, reportedly, on the brink of the release of its first foldable device. Realme has yet to confirm a successor to take on Madhav Sheth's former role.