Instacart Founder, Executive Chairman Apoorva Mehta To Resign From Company
Apoorva Mehta, the founder and executive chairman of the US-based online grocery delivery business Instacart, has declared his intention to leave the company. As soon as Instacart becomes a publicly traded business, CEO Fidji Simo will take over as board chair. When Mehta stepped down as CEO of Instacart, Simo, a former Facebook… read-more
Tags: Apoorva Mehta, Instacart, online grocery delivery company, Indian origin, founder
Courtesy: Zee news
BharatPe Founder Ashneer Grover Resigns After Losing Singapore Arbitration
Ashneer Grover, the founder and managing director of fintech unicorn BharatPe, has resigned as the managing director, on March 1. In addition, the Singapore International Arbitration Centre (SIAC) has refused his arbitration plea against the company for launching a probe against him. Notably, Grover holds 9.5% of the stake in the company worth Rs 1,915 crore along with Sequoia Capital, Coatue, Ribbit Capital, and Bee next.
Tags: business, Ashneer Grover, founder, Bharat Pe, resigns
Courtesy: Zee News