Muralikrishnan B

Muralikrishnan B

Executive · Scholar · Advisor · Investor · Athlete

27 years building consumer businesses. Now scholar, advisor, and investor — bridging theory and practice to help organizations scale.

The Operator

I spent 27+ years scaling consumer tech businesses from tens of millions to billions. Long track record in leadership roles. At Xiaomi India, I led strategic projects, operations, offline sales, retail and public affairs across 10,000+ touchpoints, scaling market share to leadership and reinforcing trust in challenging times. At Myntra-Jabong (Flipkart Group), I ran a 400+ person organization in the midst at a strategic juncture. At eBay, I laid the foundational building blocks for e-commerce (intermediated payments, shipping, category management) and built categories from scratch across India, Philippines & Malaysia.

The Scholar

Now I bring that operational depth to the classroom and my research. My Doctoral Research at ISB studies how platforms create lock-in and I've lived it. My dissertation, "The Many Roads to Hotel California: The Ecosystem Vortex," bridges theory and practice.

The Investor

I back founders with the same playbook: operational rigor, consumer obsession, and long-term thinking in consumer tech. 10+ investments across D2C, healthtech, and petcare. Currently on the Investment Committee at D2C Super Angels Fund.

The Athlete

Endurance sports (3:33 marathon, 1:38 half, Ironman 70.3) aren't just fitness. They are a laboratory for discipline, goal-setting, and pushing limits.

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Expertise

Platform Economics User Lock-in Network Effects Consumer Behavior Digital Transformation Omni-channel Operations P&L Management Governance AI Agent Economy

Who I Work With

B-Schools

Visiting faculty at ISB, IIT Kanpur. Teaching leadership and platform strategy.

Companies

Strategic advisory on digital transformation, platform strategy, and operations.

Startups

Angel investments and operational mentorship to help founders scale.

VC Funds

LP, Advisory Board, Investment Committee. Consumer tech due diligence.

Boards

Independent Director. Consumer/Tech expertise, strategic direction, policy navigation.

Research

Platform ecosystems, switching costs, consumer lock-in, AI agent economy.

Experience

President / COO
2018 – 2024
Xiaomi India
Six and a half years of stewarding India's most loved smartphone brand through growth, disruption, and geopolitical complexity. As COO and then President, I owned the full breadth of the business, including sales, operations, retail, services, and public affairs, while serving as the primary public face of the brand.
  • Rebuilt offline sales and distribution from the ground up, doubling reach and scaling market share significantly
  • Established analytics-driven operational processes that balanced cost, scale, and customer experience at speed
  • Groomed a generation of senior leaders, many of whom have since moved to significant roles across the industry
COO, Jabong & SVP, Myntra-Jabong
2016 – 2018
Myntra-Jabong (Flipkart Group)
Joined as part of a new leadership team chartered with turning around the Jabong business, and delivered on that mandate while simultaneously navigating a large-scale acquisition by Flipkart. Led a 400+ member organisation spanning Technology, Product, Supply Chain, Customer Experience, and Analytics.
  • Architected a three-pillar supply chain strategy that improved unit economics materially and enabled 10x sales scale
  • Led a complex backend technology integration between Myntra and Jabong, preserving differentiated experiences on both platforms
  • Drove consistent NPS improvement through a sustained programme of customer experience initiatives
Country Manager, eBay India
2005 – 2013
eBay Inc. (India, Philippines, Malaysia)
Eight years growing from Head of Product to Country Manager, building genuine depth across product, category, marketing, and P&L ownership in India's pioneer eCommerce marketplace. Also managed the Philippines and Malaysia Marketplace businesses through 2012.
  • Held full P&L accountability as GM and served as a member of the Asia-Pacific Leadership team
  • Championed the Cross Border Exports agenda, establishing a durable competitive advantage for eBay out of India
  • Served on the governing councils of IAMAI and the FICCI Retail Committee, contributing to shaping India's nascent e-commerce policy landscape
Chief Operating Officer
2014 – 2016
IndiaProperty.com (Matrimony.com Group)
Built the foundation for a full-stack property search and transaction experience, owning end-to-end consumer experience across Marketing, Product, Data Sciences, Customer Support, and Operations. Instituted a consumer-first product philosophy and a mobile-first strategy ahead of industry convention.
Co-Founder
2013 – 2014
Almond Wellness Tech (getfitgo.in)
Bootstrapped a gamified social platform for health and wellness before healthtech was a recognised category. Conceptualised the product, assembled a team of seven, built the MVP, and validated the business model and partnership opportunities from zero.
Early Career
1997 – 2005
Asian Paints → Sify Ltd
Foundational years spanning FMCG sales and distribution at Asian Paints, digital product development at Sify Ltd, including being an initial startup team member for Sify iWays, India's largest franchised cybercafe chain, and broadband content and IPTV product management at Tata Communications/VSNL.

Education

Executive Fellow (DBA)
Indian School of Business, Hyderabad
2022 – 2025
PGDM
IIM Calcutta
1995 – 1997
BE (Mechanical)
Osmania University, Hyderabad
1991 – 1995

Advisory & Leadership

Investment Committee

D2C Super Angels Fund
Jul 2025 – Present

Advisory Board

Code to Enhance Learning
Dec 2025 – Present

Ombudsman

RV University, Bangalore
2026

Curator

the hawkeye project
Jan 2025 – Present

Chairman, Startups

MAIT
2022–2023

Governing Council

IAMAI
2011–2013

Early Stage Investor

Various Startups
2017+

What I Offer

Keynotes & Speaking

Leadership, Platform Strategy, Consumer-Technology Businesses, consumer behavior in emerging markets, digital transformation.

Board Roles

Independent Director for consumer tech, retail, or platform companies.

Research Collaboration

Academic partnerships on platform ecosystems, lock-in, and agent economy.

Executive Education

Custom programs for leadership, innovation, and strategy teams.

Thought Leadership

Geopolitics & Manufacturing

Deep engagement with India-China electronics manufacturing partnerships, PLI schemes, and building India's electronics value chain.

Policy Advocacy

Active contributor to government policy discussions on e-commerce, retail, and technology through industry bodies (IAMAI, FICCI, ICEA, MAIT).

Omni-channel Retail

Championed omni-channel strategies across both online and offline channels.

Consumer Electronics in India

Played a key role in making Xiaomi India India's most trusted smartphone brand (TRA 2023). Built distribution across 10,000+ retail touchpoints.

Writings

Sovereign AI as Digital Public Good

Most countries pursuing AI sovereignty are solving for the wrong problem. India has a chance to solve for the right one.

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Open the Gate, Guard the House

India-China electronics manufacturing partnerships, SVOLT Energy, and building India's electronics value chain.

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A Bold New Move, Towards a Brave New World

Andhra Pradesh's electronics components incentives push could redefine India's electronics value chain.

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Presence

18K LinkedIn
@hawkeye Twitter

Top Videos & Talks

Confessions of a Wannabe Entrepreneur

TEDxIIMShillong | Apr 2015

Xiaomi India's Journey

Xiaomi India #10YearsofTomorrow | Jul 2024

Budget Leader to Premium

CNBC-TV18 | Aug 2024

Portfolio Strategy

ET Telecom | May 2023

Consumer & Market Insights

ET Edge Insights | Jan 2024

Lookback & Look Ahead

ET Now | Jul 2024

Monday Mornings with Murali

Weekly video series on leadership and strategy

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Top Quotes

"We understood the consumer, we understood the market situation, and made product the hero."

— BW Businessworld

"It is more important to be the preferred choice of customers than to chase market share numbers."

— Hindustan Times

"We like to build a learning organization, enabling people to upskill themselves at the lower level, to the mid and senior management. This is what will sustain our leadership in the coming years."

— LiveMint

"The values of sincerity and passion that Xiaomi embodies have been central to our journey."

— Times of India

Key Interviews

How Muralikrishnan B Revived Xiaomi in India

BW Businessworld — December 2024

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Xiaomi India President Resigns

Times of India — 2025

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Xiaomi is Betting Big on Premium

Forbes India — 2024

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Every Household Goal

New Indian Express — January 2024

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10 Years in India — Future Goals

India Today — July 2024

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Component Sourcing Strategy

Moneycontrol — 2024

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Export Target: 700 Mn Devices

LiveMint — 2024

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Foxconn Manufacturing Facility

Telegraph India — 2024

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Xiaomi India's Outlook & Future Plans

ET Telecom — October 2024

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Push Towards Premium Strategy

Hindustan Times — February 2024

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Industry Outlook 2023

ET Telecom — April 2023

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Dissertation

The Many Roads to Hotel California: The Ecosystem Vortex

Studied the antecedents of portfolio diffusion in platform ecosystems and presented a processual framework to understand the many dimensions of lock-in, presenting a novel user-centric lens.

Dissertation Committee:

Prof. Raj Srivastava (Co-Chair) — Novartis Professor, ISB
Prof. Abhishek Kathuria (Co-Chair) — Professor, Deakin Business School
Prof. V. Kumar — Goodman Professor, Brock University

Research Interests

Platform EcosystemsUser Lock-inSwitching Costs Network EffectsAI Agent EconomyConsumer Behavior

Publications

BigBasket and Quick Commerce
Harvard Business School Case (ISB473) • 2025
Consumer Electronics Retail
Springer Book Chapter • Future of Retail Management • 2023
Bitcoin Price & Consumer Behavior
ICIS Workshop on e-Business • Dec 2023

Teaching

Leadership at Scale & Organisation Culture
IIT Kanpur
Disruptive Innovation & Entrepreneurship
IIT Kanpur
Platform/Network Economy
ISB PGP Pro
Disruptive Innovation
ISB LatitudE GCC