Former McKinsey India director Nitin Seth new CEO of Incedo

02 November 2017 3 min. read
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Former Chief Operating Officer of Flipkart, Nitin Seth, has been appointed the CEO of US-based technology solutions firm Incedo. Seth will replace the existing CEO and co-founder of Incedo, Tejinderpal Miglani, who in turn steps into the role of President. The two will work closely together in devising strategy for the firm.

Headquartered in the San Francisco Bay Area, Incedo is a technology solutions firm that specialises in data science and analysis, robotics and automation, as well as cognitive technologies. While the consulting firm engages with a number of different industries, it possesses particularly in-depth capacity to provide solutions in the financial services, life sciences, and communication engineering industries. The firm boasts of a comprehensive talent pool, consisting almost entirely of former practitioners in various fields of engineering.

The latest addition to this expanding team is Nitin Seth, the former COO of online retail company Flipkart. The firm hopes that Seth’s education will make him an ideal fit for their engineering ethos, along with his impressive paper qualifications with Seth having studied at the two most prestigious institutes in India, including a BTech in Textile Technology from the Indian Institute of Technology (IIT) in New Delhi, India,. His technical background is further bolstered by his business acumen, the roots of which lie in his completion of an MBA from the equally prestigious Indian Institute of Management in Lucknow.

Seth’s career so far has reflected his academic ability. He began with a four-year stint at McKinsey & Company, where he helped clients with designing extensive change programs for sustained operations improvement. Following a two-year hiatus from McKinsey & Company, during which Seth founded a fitness startup named ActiveKarma Ventures, he rejoined the management consulting firm as the Director of McKinsey’s Knowledge Centre in India, a role that he occupied for 8 years until 2010.

Nitin Seth, Tejinderpal Miglani, Saurabh Mittal

Seth then joined Fidelity International, a Netherlands-based investment solutions firm, as their Country Head for India, leading their offshore operations in India and Tunisia, and offering expertise for devising the company’s global strategy. After six years at the helm of Indian operations for Fedelity, Seth joined Indian online retail giant Flipkart as their Chief People Officer in March last year.

His time at Flipkart was mixed, ending unexpectedly. Having been promoted twice in the same year, first to Chief Administrative Officer in August last year and then to Chief Operating Officer in January this year, Seth abruptly quit the firm in May, following a change of leadership in the top ranks, citing “personal reasons.” In the months to come, reports emerged that Seth had, infact, been dismissed from the firm, and was serving his former employers with a legal notice, alleging that his dismissal had been illegal.

Moving on

In his latest career move, Seth has now joined the young technology consulting firm Incedo in the capacity of CEO. Seth will work closely with former CEO Tejinderpal Miglani to devise the firm’s strategy going forward. Miglani co-founded the company with Saurabh Mittal in 2011, and will now take on the role of President at the firm.

Commenting on Seth’s arrival at the firm, Miglani said, “Through our entrepreneurial talent, tech innovation and client service model, we have grown at a rapid pace, and are at a stage where we're looking to what's next. Nitin has tremendous expertise, and the entire team looks forward to working with him to meet Incedo's goals as an industry leader.”

Meanwhile, co-founder Saurabh Mittal said of the appointment, “Having built and transformed companies many times over, he (Seth) is ideally suited to take Incedo to the next level of growth. We are thrilled to welcome him to the team.”

Seth himself expressed his enthusiasm for his new role, stating, “It is a privilege to work alongside this team, to build upon the great platform that has been created, and to take it to still greater heights. I'm looking forward to creating the company's long-term strategy, ensuring it's positioned as a world-class, distinctive technology firm.”