Hari Nair will step down from his role as CEO of Mumbai-based music company Tips Music on April 30.
Hari Nair joined the company in September 2023, bringing experience from previous roles at Sony Music India and ByteDance.
Following his departure, Tips Music will move to an interim leadership structure. Executive Director Girish Taurani and Chief Financial Officer Sushant Dalmia will jointly oversee the company while the board searches for a new chief executive.
Founded in 1988 by Kumar Taurani and Ramesh Taurani, Tips Music has built a catalogue of more than 34,000 tracks across multiple languages and genres. The label is known for releasing music from several major Bollywood films during the 1990s and 2000s.
Artists associated with the label’s catalogue include Alka Yagnik, Kumar Sanu, Udit Narayan, Sonu Nigam, A.R. Rahman, Diljit Dosanjh, Badshah, Arijit Singh, B Praak and Aditya Rikhari.
During his tenure, Hari Nair oversaw several strategic partnerships, including the company’s global publishing agreement with Sony Music Publishing. The partnership, initially signed in 2023, was expanded in 2024.
Tips Music also renewed its distribution partnership with Warner Music India and ADA last year and entered into a direct global licensing agreement with TikTok.
In a statement, Hari Nair said: “Leading a publicly listed organisation like Tips Music through this strategic pivot has been a phenomenal learning experience. The revenue growth is fundamentally driven by the legendary Tips catalogue. I am grateful to Kumarji, Girish and the entire Tips Music team for their trust and support.
“With a robust digital foundation and world-class systems now firmly in place, it is the right time for me to step down, ensure a seamless handover and look toward my next leadership challenge.”
Kumar Taurani, Chairman and Managing Director of Tips Music, said Hari Nair helped build a stronger data-driven approach within the company.
“I thank him for his contribution in driving our revenues and helping us achieve the targets committed to our shareholders. I wish him the very best for the future,” Taurani said.
