Radix announced today that Bhavin Turakhia will step down as CEO and that Sandeep Ramchandani will become CEO.

There was also a story in the India Times about where Radix sees business for 2018.

Full Release

15th Jan 2017, Dubai. Radix, the domain registry founded by serial entrepreneurs Bhavin Turakhia and Divyank Turakhia, has appointed Sandeep Ramchandani as its new global CEO. Launched in 2012, Radix owns and operates 10 leading Top Level Domains including, .ONLINE, .TECH, .STORE, .SITE, .FUN among others. Radix is currently one of the world’s largest domain portfolio registries with over 3 million domains under its management.

Speaking about the appointment, Bhavin Turakhia said, “We are pleased to elevate Sandeep to the position of CEO at Radix. With close to 15 years of experience, and having played key roles across our registrar, service provider and registry businesses, Sandeep has consistently built talented teams, delivered results and demonstrated exceptional leadership. Despite intense competition among new TLDs, he has evolved Radix into a profitable and fast growing business, with over $12 mn in top-line revenue. We remain extremely bullish about the registry space and are looking for avenues to re-invest our profits.”

Elaborating on his immediate plans as the new CEO, Sandeep Ramchandani said, “Just as the first few years of Radix were about demonstrating proof of concept, the next few will be about growing awareness and delivering accelerated growth. We are also actively looking to acquire more TLD assets to reach newer segments of the market while leveraging economies of scale. My mandate is to grow Radix into one of the largest global players, and given the team and resources at my disposal, I feel confident of being able to achieve that goal.”

Sandeep Ramchandani, 35, has been with Radix since its inception as the VP and Business Head. Prior to Radix, he was with LogicBoxes, an enterprise consulting business, which was one of the businesses acquired by Endurance International Group in 2014.

Bhavin Turakhia will continue as Radix’s Executive Chairman.