Former Futurebazaar president Kashyap Deorah has launched a mobile payments company focused on the American markets. Deorah had led FutureBazaar for around two years and left the company in November to start his new venture called Chaloapp. According to the new company’s website, the venture is still in semi-stealth mode with more features coming soon.
Futurebazaar, the online portal run by the Future Group, will now be headed by Future Group promoter Kishore Biyani’s nephew Vivek Biyani.
Source: NextBigWhat
Venture Intelligence is the leading provider of data and analysis on private equity, venture capital and M&A transactions in India as well as Financials & Valuations of Private Companies in the country. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.