Bengaluru-headquartered private-equity backed Cloudnine, which runs a chain of maternity, childcare and fertility care hospitals, has announced the appointment of Raviganesh Venkataraman as its Chief Executive Officer. 

Akash Malik, outgoing CEO has been with the Group for six years and is keen to pursue entrepreneurial opportunities beyond healthcare. 

"As a seasoned professional with over 25 years of working experience across verticals, Raviganesh has been a part of several industries and geographies in India and Asia with specialities in strategy, project planning and execution, supply chain management, sales and distribution and organisation development. Raviganesh was until recently a director on the board of Metro Cash & Carry India and has held leadership roles in the past with Bharti Airtel, Subhiksha Retail, Coca Cola India, Titan Industries and Godrej Boyce," the hospital said in a press release. 

Cloudnine Group, founded by neonatologist Dr.R. Kishore Kumar and three others in 2007, is backed by Matrix Partners, Sequoia India and India Value Fund advisors (TrueNorth).