BENGALURU: Some of India's biggest startups including Flipkart, Ola and Paytm are wooing global leaders in technology and business to join their boards, as they strive to cope with challenges of rising complexity and scale in their companies. Among those in demand: PepsiCo Chief Executive Indra Nooyi, payments startup Square's head of engineering Gokul Rajaram and Google Senior Vice-president Sundar Pichai.
"It's quite lonely at the top—investors are bringing more money with subtle expectations about big exits, and there aren't many in the management who can be trusted for balanced advise," said a founder at one of these startups, requesting anonymity. "These names have been through cycles of growth pangs and can even help us balance investor pressures with day-to-day management."
Paytm last month made three high-profile appointments to its board—Ruchi Sanghvi, the first woman engineer at Facebook, WhatsApp global business head Neeraj Arora and InMobi Founder Naveen Tewari—to compete with the big boys of online retail in India.
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