New Delhi : Magicbricks, India’s leading property platform, has appointed Mayank Jain as Chief Executive Officer, effective 1 October 2026. Mr. Jain joins from CarDekho, where he served over five years as CEO of Auto Classifieds.
Mayank brings over two decades of leadership experience across digital, media, technology and consumer businesses. He joins Magicbricks from CarDekho Group, where he served as CEO of Auto Classifieds for over five years. During his tenure, he led the transformation and expansion of the business, building a profitable platform with artificial intelligence embedded at its core while driving its entry into new international markets.
Prior to CarDekho Group, Mayank served as CEO of the Hindi News cluster at Network18, overseeing a portfolio of seven news channels, including News18 India. He has also held leadership positions at Disney Star, BT Group, Samsung and HT Media. His experience spans sales, marketing, product, strategy and P&L management, with a strong track record of driving revenue growth, operational excellence and digital transformation.
At Magicbricks, Mayank will focus on accelerating the company’s next phase of growth by leveraging its digital capabilities, advancing technology-led innovation and strengthening its consumer-centric approach. His priorities will include driving business transformation, improving operational and financial performance, and further reinforcing Magicbricks’ position in India’s evolving real estate ecosystem.
Mayank holds an MBA from INSEAD, a PGDM from Management Development Institute (MDI), Gurgaon, and a degree in Computer Engineering. He has been recognised among IMPACT’s 40 Under 40 and serves as guest faculty at the Centre for Entrepreneurship at Ashoka University. Outside work, he takes a keen interest in technology, investing, fitness and team sports.
Mayank will be based at Magicbricks’ Noida office and will report to Mr. N. Subramanian, Executive Director and Group CEO of The Times Group.
His appointment marks an important step in Magicbricks’ growth journey, bringing together deep cross-industry leadership experience, commercial expertise and a technology-driven approach to support the company’s long-term ambitions.
Magicbricks is India’s No.1 property site
As the largest platform for buyers and sellers of property to connect in a transparent manner, Magicbricks has monthly traffic exceeding 2 crores and an active base of over 15 lakh property listings. Magicbricks has metamorphosed into a full stack service provider for all real estate needs, with services including home loans, interiors, and expert advice.
With 17+ years of experience and deep research-based knowledge, Magicbricks also presents a repertoire of insight-driven platforms like MBTV—India’s leading online real estate YouTube channel—and other proprietary tools so that home buyers can access all information related to price trends, forecasts, and locality reviews.
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