Friday, April 18, 2025

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Madame elevates Akhil Jain to MD & CEO, eyes IPO by 2027

Jain Amar, the parent company of iconic womenswear brand Madame has elevated Akhil Jain to the position of Managing Director and Chief Executive Officer.

A long-time part of the company and a member of the promoter family, Jain has over 20 years of experience working across departments. An alumnus of NIFT with further education from Harvard and IIM-A, he has previously served as Executive Director, leading brand innovation and digital growth.

The announcement was made at the Jain Amar Leadership Summit 2025, where top leaders of the company gathered to outline key strategies under the theme “From Vision to Execution.”

Notably, Jain Amar is working towards becoming IPO-ready by 2027 and has set ambitious goals for business growth and governance.

In his new role, Jain will focus on unifying the company’s teams, driving both physical and digital expansion, embedding structured governance, and investing in leadership and technology.

“This is not just a new role—it’s a new rhythm. We’re moving from isolated departments to a single unified movement. I believe Jain Amar’s next era will be defined by how well we align people, process, and purpose. I’m grateful for the trust placed in me and excited to lead this extraordinary team into the future,” said Jain in an official statement.

Founded in 1939, Jain Amar retails its brands through over 1,000 touchpoints, including its own platforms www.glamly.com and www.madameonline.com. Apart from Madame, Jain Amar also operates Camla Barcelona, and mSECRET.

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