Kruti Patel Goyal, Indian American CEO of Etsy, the global marketplace for unique and creative goods, is one of New York’s top 15 business leaders joining Mayor Zohran Kwame Mamdani’s new Business Advisory Council.
The new body brings together business leaders across finance, real estate, technology, sports, retail, food and health care to advise City Hall on strengthening the city’s economy, according to a media release.
Meeting quarterly with the Mayor and Deputy Mayor for Economic Justice Julie Su to help shape the city’s next phase of economic growth and innovation, it will especially focus on the industries driving New York’s economy.
Members will help shape a more deliberate approach to strengthening the sectors where New York can lead nationally and globally, from biotech and finance to media and entertainment.
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“The doors of City Hall are always open to New York’s business leaders, and I look forward to welcoming their experience and strategic guidance as we build a stronger, more dynamic economy,” said Mamdani.
“This council brings together the people building the next generation of New York’s economy — in finance, tech, life sciences, and beyond — to help us double down on what makes this city the best place on Earth to start a company, grow a business, and build a career. We want the most ambitious people in the world to come here, stay here, and build here.”
Formation of the council comes at a near-record high for total jobs in New York City, with 4,852,400 jobs as of July 2026, according to the release. With nearly 6,000 private sector jobs added in the first half of this year, New York’s year-over-year job growth is more than double the national growth rate. The unemployment rate has improved for five consecutive months, falling to 5.0% in July, while the labor force participation rate is at a near-record high.
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Under Mayor Mamdani, the city has seen some of the strongest office space leasing numbers in recent history, with nearly 50 million square feet of office space leased over the past four quarters, the release stated. New York City-based companies raised $21.2 billion in venture capital funding to date, 102% higher than the same period last year.
During more than a decade at Etsy, Goyal has held leadership roles spanning product, technology, strategy, international expansion, and marketplace trust.
She also served as Chief Executive Officer of Depop, formerly a subsidiary of Etsy, where she helped establish it as the fastest-growing online apparel resale marketplace in the United States.
Earlier in her career, Kruti worked in strategy, business development and growth equity at Viacom, Product (RED), Morgan Stanley, and General Atlantic Partners.