Meta
Nihit Bhatnagar, MBA, currently serves as a CAPEX Sourcing Manager at Meta since June 2024, overseeing a procurement budget exceeding $200 million. Prior to this role, Nihit held various positions at Lucid Motors between April 2019 and June 2024, including Group Manager of Capital Equipment Purchasing, where responsibilities encompassed the procurement of capital equipment for manufacturing and engineering needs. Nihit has a solid background in procurement, with additional experience at Western Digital, Cummins Inc., and Maruti Suzuki India Limited, managing substantial capital expenditure projects and achieving significant cost savings. Academic qualifications include an MBA in Supply Chain Management and Finance from Penn State University and a Bachelor of Engineering in Manufacturing Processes and Automation Engineering from Netaji Subhas Institute of Technology.
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Meta
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Meta’s mission is to give people the power to build community and bring the world closer together. Formerly known as Facebook, Meta is now the parent company of Facebook, WhatsApp, Instagram, Messenger, and Reality Labs. Billions of users around the world use Meta apps and products to connect with others, find communities, and grow businesses. Facebook was founded in 2004, initially as a community for colleges and universities. It has since grown into a global platform with features including the News Feed, Stories, Groups, Watch, Marketplace, Reels, Dating, all aimed at helping people share life's moments and discuss what's happening, nurture and build relationships, discover and connect to interests, and create economic opportunity. Instagram was acquired by Facebook in 2012. Instagram Feed, Stories, Reels, Video, Live, Shops, and messaging are places where people and creators can express themselves and push culture forward through photos, video, and private messaging, and connect with and shop from their favorite businesses. Meta has two messaging apps: Messenger and WhatApp. Messenger allows chat, audio and video calls, and Rooms, while WhatsApp is best known as a secure messaging application facilitating private communication. More recently, Meta has moved into the augmented virtual reality space with Reality Labs. Meta Quest lets people defydistance with cutting-edge VR hardware, software, and content. Facebook Portal video calling devices help friends and families stay connected andshare the moments that matter in meaningful ways.