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STARTUP·2 min read·May 14, 2026

Carl Pei’s Nothing Just Hired a Finance Powerhouse – And It Says Everything About India’s Role in the Company’s Future

Nothing India Appoints Hemant Kundavaram as CFO to Supercharge Growth In a bold move that signals major expansion plans in one of its most critical markets, Carl Pei’s London-based tech startup Nothing has appointed Hemant Kundavaram as the Chief Financial Officer (CFO) for Nothing India. This isn’t

Carl Pei’s Nothing Just Hired a Finance Powerhouse – And It Says Everything About India’s Role in the Company’s Future
Carl Pei’s Nothing Just Hired a Finance Powerhouse – And It Says Everything About India’s Role in the Company’s Future · Plate 01 · Photographed for The Entrepreneur Story

Nothing India Appoints Hemant Kundavaram as CFO to Supercharge Growth

In a bold move that signals major expansion plans in one of its most critical markets, Carl Pei’s London-based tech startup Nothing has appointed Hemant Kundavaram as the Chief Financial Officer (CFO) for Nothing India.

This isn’t just a hire — it’s a power play.

Kundavaram brings 20+ years of finance and accounting firepower, with deep experience across fundraising, IPOs, investor relations, and capital market operations — all the tools a high-growth tech company needs to go global.

“Nothing’s journey has been truly remarkable,” said Hemant Kundavaram. “I’m excited to be part of this next chapter as we accelerate growth in India. My focus will be to build a solid financial backbone that matches our speed and ambition.”


From Tirupati to Tech Titans – Hemant’s Career Has Been Built for This

A Chartered Accountant from the class of 2005 and a B.Com graduate from Tirupati, Hemant’s resume reads like a who’s who of global enterprise:

  • Ford India
  • IBM
  • Thomson Reuters
  • Rockwell Collins

In 2015, he shifted gears and began working with promoter-led startups, eventually becoming the CFO at PMI Electromobility, where he helped shape the company’s financial roadmap in the booming EV space.

Now, he’s stepping into a high-impact role at one of India’s most talked-about tech brands.


Why This Move Matters (Hint: It’s Not Just About Numbers)

Nothing isn’t treating India as just another market — it’s treating it as the launchpad for global domination.

“India is at the core of Nothing’s global vision,” said Akis Evangelidis, Co-founder and India President at Nothing. “We’re entering an exciting phase of growth. Hemant’s strategic experience in finance will be critical as we scale and build from India to the world.”

The appointment comes at a time when Nothing’s ecosystem is expanding rapidly—from smartphones to wearables—and India is playing a central role in product launches, manufacturing, and R&D.

This CFO hire sends a clear signal: Nothing is going all in on India.


What’s Next for Nothing India?

With Hemant on board, the company is poised to:

  • Deepen capital market strategies
  • Gear up for large-scale expansion and product rollouts
  • Possibly prep for future fundraising or IPO activity
  • Strengthen its “built in India for the world” ambition

Bottom Line? Carl Pei isn’t playing small. And with financial leaders like Hemant Kundavaram joining the team, India might just become the heartbeat of Nothing’s global rise.



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About Carl Pei’s Nothing Just Hired a Finance Powerhouse – And It Says Everything About India’s Role in the Company’s Future — five of the most-asked, in the desk's own words.

  1. 01What is this story about?
    Nothing India Appoints Hemant Kundavaram as CFO to Supercharge Growth In a bold move that signals major expansion plans in one of its most critical markets, Carl Pei’s London-based tech startup Nothing has appointed Hemant Kundavaram as the Chief Financial Officer (CFO) for Nothing India. This isn’t
  2. 02Who wrote it?
    The Entrepreneur Story · Staff. 2 min read · May 14, 2026.
  3. 03Is this sponsored?
    If a piece is, the disclosure sits above the cover image and again in our public transparency report. This one carries no commercial disclosure.
  4. 04How do I get the rest?
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