Ex-WhatsApp Global Business Head, Neeraj Arora, is set to rejoin Paytm’s board ahead of the company’s IPO, according to TNN report. Arora, who was a member of Paytm’s board of directors from 2015 to 2018, is regarded as one of the brains behind structuring the $19-billion deal between social media giant Facebook and messaging service platform WhatsApp. Before WhatsApp, Arora also led…
Chalo, a bus transport technology company that provides live bus tracking services and contactless payment solutions, announced that it has raised USD 7 million in its latest round of funding. Till now, Chalo raised a total of $30 million in funding. Existing investors Raine Ventures, the early-stage fund managed by The Raine Group, USA, Neeraj…
Able Jobs, a Bengaluru-based startup that helps companies get entry-level non-tech deployable talent, announced that it has raised $1.8 million in a seed funding round led by SAIF Partners, according to an ETtech report. Other investors that participated in the funding round include Silicon Valley-based startup incubator Y Combinator, Snapdeal founders Kunal Bahl and Rohit…
FamPay, a teenager-focused payments app, announced it has raised $4.7 million seed funding led by Y Combinator, Sequoia India, Venture Highway and GFC (Global Founders Capital). Angel investors such as Twitch co-founder Kevin Lin, Robinhood co-founder Vladimir Tenev, Cred founder Kunal Shah, and Pine Labs CEO Amrish Rau also participated in the funding round. The…
Delhi-based early-stage venture capital (VC) firm, Venture Highway, on Thursday announced that it has raised an amount of $78.6mn for its second fund. The second fund will be purely focused on seed investments in Indian technological start-ups. The VC firm raised this money from a group of Silicon-Valley based tech leaders. Venture Highway was founded…
WhatsApp’s chief business officer Neeraj Arora, on Monday, announced his decision to quit the company, marking another high-profile exit at the Facebook-owned messaging app. Arora has been serving the company since 2011 and through Facebook’s $19 billion acquisition in 2014. Earlier this year in April, WhatsApp co-founder Jan Koum left the company due to conflicts with Facebook on WhatsApp’s…