Nothing appoints Hemant Kundavaram as CFO in India: All the details
London-based tech company Nothing has strengthened its leadership team in India with the appointment of Hemant Kundavaram as Chief Financial Officer (CFO). With over two decades of financial expertise across global corporations and startups, Kundavaram’s entry marks a strategic move as Nothing deepens its presence in one of its most critical markets.
Hemant Kundavaram’s Appointment Nothing officially announced on August 18, 2025, that Hemant Kundavaram has been appointed as the CFO of Nothing India. His primary role will be to oversee financial strategy, strengthen investor relations, and support the company’s rapid growth in the Indian market.
Experience & Expertise With 20+ years of experience in finance and accounting, Kundavaram brings deep knowledge in fundraising, investor relations, IPO management, and capital market operations — skills that will help drive Nothing’s financial strategy in India.
Leadership Statements Hemant Kundavaram expressed excitement about building a strong financial foundation for Nothing India’s rapid growth. Meanwhile, Akis Evangelidis, Co-founder & India President, said his appointment reinforces India’s central role in Nothing’s global vision.
Career Background Kundavaram is a Chartered Accountant (2005 batch) and a B.Com graduate from Tirupati, Andhra Pradesh. He has worked with Ford India, IBM, Thomson Reuters, and Rockwell Collins, later moving to startups. Most recently, he was CFO at PMI Electromobility.
India’s Growing Importance for Nothing This marks the second major leadership hire after Evangelidis’ appointment as India President. The announcement comes after Nothing posted a 146% YoY growth in Q2 2025, making it the fastest-growing smartphone brand in India for six straight quarters (Counterpoint report).
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