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Raj Nayak Resigns As YAAP Digital Chairman To Pursue Entrepreneurial Ventures
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Storyboard•12-10-2026, 17:50
Raj Nayak Resigns As YAAP Digital Chairman To Pursue Entrepreneurial Ventures
- •Raj Nayak has stepped down as chairman and managing director of YAAP Digital, citing health reasons and a desire to focus on his own entrepreneurial pursuits.
- •Nayak initially took on the full-time operating role as an emotional decision following the untimely passing of YAAP founder Atul Hegde in July 2026.
- •He will continue to focus on his venture House of Cheers and explore independent opportunities that offer flexibility at his own pace.
- •Nayak's departure marks another leadership transition for YAAP following its recent IPO and listing on the NSE Emerge platform.
- •YAAP recently reported strong financial results for FY26, with a 22.23% increase in consolidated revenue and significant growth in net profit.
Key Questions Answered
Raj Nayak resigned because the demands and intensity of a full-time operating role were taking a toll on his health and exceeded what he wanted to take on. He noted that his initial appointment following the passing of founder Atul Hegde was an emotional decision, and he wished to refocus on his own venture, House of Cheers, and other personal priorities.
Raj Nayak stepped in to lead YAAP Digital following the untimely demise of its founder, Atul Hegde, in July 2026.
YAAP reported a consolidated revenue of Rs 188.73 crore for FY26, which represents a 22.23% increase year on year. Additionally, the company's net profit experienced a 97.95% rise to reach Rs 22.20 crore.
