Shankar succeeds Harvi Sachar, who will now serve as the executive chairman of the company.
The company has appointed Alok Chaturvedi as the chief operating officer.
"I am excited about the growth potential of SiliconIndia as we build out our media sections around news, email newsletters, events and different professional cities," Shankar said in a statement.
"We are extremely focused on driving revenue growth, online presence and establishing our brand leadership over the next few years," said Shankar, who was serving as editor�'in�'chief of the news portal before elevation to the new position.
