- Movers And Shakers Of The Week [30 April-5 May 2018] We bring to you the latest dope of movers and shakers in the Indian startup ecosystem in the past week. Ex-Googler Neeraj Arora May Replace The Outgoing WhatsApp CEO WhatsApp co-founder and CEO Jan Koum has decided to move on from the company and it is expected that Neeraj Arora will replace Koum in his […]
- PeeSafe Raises $1 Mn From Venture Catalysts, Alfa Capital, Others O2O global brand for toilet hygiene PeeSafe has announced a fundraise of $1 Mn from Venture Catalysts, global VC firm Alfa Capital, Green Shots Capital, and Real Time Ventures. Angel investors such as ex-FreeCharge CEO Govind Rajan, Motilal Oswal PE Partner Amit Choudhury also participated in the round. The funding will be used to expand […]
- Cyber Security Firm Lucideus Raises Funding From Rajan Anandan, Sunil Kalra, And A Bevy Of Marquee Investors “Cyber security has become a boardroom concern now as companies are basing their business models on technology. So, a breach in technology is not just a technology problem but a business problem. Hence, businesses today wants to know how mature we are in cyber security and take a calculated call,” says Saket Modi, co-founder of […]
- After Attempts At Flipkart-Snapdeal Matchmaking, SoftBank To Invest $1.5 Bn In Paytm Ecommerce and payments platform Paytm is reportedly in talks with Japan-based SoftBank to raise about $1.5 Bn in a cash deal, as per a report by Livemint. The proposed deal is expected to raise Paytm’s valuation to somewhere between $7 Bn-$9 Bn, as per sources close to the development. Earlier this month, it was reported […]
- Movers And Shakers Of The Week [20 March – 25 March] Snapdeal Undergoes Three Major Leadership Changes Snapdeal’s Bengaluru-based digital payment subsidiary FreeCharge has appointed Jason Kothari as the Chief Executive Officer (CEO). This appointment comes within a month of FreeCharge’s earlier CEO Govind Rajan quitting the company. CEO Govind Rajan had replaced Kunal Shah as the CEO in May 2016. Kothari had joined Snapdeal in […]
- Snapdeal Commits $20 Mn Funding To FreeCharge, Appoints Jason Kothari As CEO Snapdeal today named Jason Kothari as the Chief Executive Officer of FreeCharge. This appointment comes within a month of FreeCharge’s earlier CEO Govind Rajan quitting the company. Additionally, the ecommerce giant will invest an additional $20 Mn in the digital payments platform. The investment is for accelerating growth in the wake of rising digital payments […]
- Movers And Shakers Of The Week [20 February – 25 February] Ramkumar Narayanan, general manager and global head of monetisation products at eBay Marketplaces in India, has resigned from the firm. He was primarily responsible for generating revenues for eBay. Previously, he was the Vice President of global product management at Yahoo! and also worked with Microsoft in the past. FreeCharge CEO Govind Rajan Resigns In […]
- Senior Level Exit At Snapdeal Continues; FreeCharge CEO Govind Rajan Quits FreeCharge CEO Govind Rajan has resigned. Govind joined Freecharge in August 2015. He replaced Kunal Shah as the CEO in May 2016. The reason for his exit is undisclosed. A company spokesperson confirmed the development to Inc42. Snapdeal had acquired Freecharge for over $450 Mn through a mix of cash and equity in April 2015. […]
- FreeCharge Appoints Govind Rajan As CEO, Kunal Shah Elevated As Chairman FreeCharge, today announced the appointment of Govind Rajan as the Chief Executive Officer of the company. Govind joined Freecharge in August 2015 and is currently the Chief Operating Officer at FreeCharge. In a related move, Kunal Shah, the current CEO of FreeCharge, will now be the Chairman of the Company. Kunal Shah is the co-founder of […]
- FreeCharge Wallet To Leverage The Power Of Aadhaar For KYC FreeCharge, the digital wallet company owned by Snapdeal, has announced that it’ll adopt Aadhaar as the primary Know Your Customer (KYC) tool for opening and upgrading wallets on their platform. Consumers who register for a FreeCharge wallet with their Aadhaar authentication can have their balance limit enhanced from $154 (INR 10K) to $1532 (INR 1 […]