We bring to you the latest edition of movers and shakers in the Indian startup ecosystem.
This week, PayPal unveiled its plans to continue with its commitment to India. It has identified the country as a key growth market and plans to hire 600 techies by December 2018. The company has tech centres in Chennai and Bengaluru, with a total headcount of 1,700. The fresh and lateral hires PayPal plans to make will work in domains like artificial intelligence (AI) and machine learning (ML).
Let’s have a look at some other movers and shakers in the Indian startup ecosystem.
Payments Council Appoints Vishwas Patel As Chairman
In his new role, Vishwas Patel will be responsible for creating a sustainable environment conducive to the development of the digital payments industry in India. Prior to this role, Vishwas was the Director of Infibeam Avenues Limited.
Loney Antony, on the other hand, was earlier working as the managing director of Hitachi Payment Services and brings over 32 years of experience in the financial services industry.