His new role at CollegeDekho will be focused on expanding both the Product and Engineering teams, with a goal of scaling current offerings of the company as well as product development for new business verticals.
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On the government's approval, chairman of a public sector undertaking can get an extension.
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Kappoor will be focussed on strengthening the product portfolio, increasing marketing effectiveness, improving service levels and heighten the distribution network in the country in the next one year.
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Prior to his leadership stint at Whirlpool India, he has served in several leadership roles in Pepsico.
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Ramamoorthy has more than 21 years of global experience in building teams, implementing business strategies, fostering innovation, growing businesses and leading organizational transformation.
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The firm's scrip tanked 4.19 per cent to close at Rs 2,159.65 on the BSE. During the trade, it plunged 5.84 per cent to Rs 2,122.25.
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In her new role as CEO, Gunjan will take on the overall responsibility of running and leading OML, devising and executing the growth strategy for the company
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Kapoor's resignation comes as the carrier, jointly owned by India's Tata Group and Singapore Airlines, embarks on a global expansion drive with plans to launch long-haul flights in 2020.
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The move comes after Sanjay Gupta stepped down from the top spot
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RSBVL proposes to make a further investment of up to Rs 75 crore subject to achieving agreed milestones, Reliance said in a statement.
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