People Digest: Nabventures CEO quits; PhonePe names CEO of international payments
Rajesh Ranjan, CEO of NABARD's venture arm Nabventures Ltd has quit the VC firm to set up a growth-stage fund.
Source: dealstreetasia.com
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PhonePe Names Ritesh Pai as CEO — International Payments
India-based payments company PhonePe has appointed TerraPay veteran Ritesh Pai as CEO — International Payments, saying he will lead the company’s expansion.
Source: pymnts.com
Rakesh Deshmukh steps down as CEO of PhonePe-owned Indus OS
PhonePe is gearing up to launch its Android mobile app marketplace Indus Appstore in the coming months to challenge tech giant Google's Play Store.
Source: moneycontrol.com
Rakesh Deshmukh: Rakesh Deshmukh steps down as CEO of PhonePe-owned Indus Appstore
Deshmukh, along with IIT Bombay alumni Akash Dongre and Sudhir Bangarambandi, founded Indus OS in 2013. Through its marketplace App Bazaar, the platform allows users to discover and access mobile applications in their own language.
Source: indiatimes.com
Google versus Epic Games verdict in US cheers Indian
The verdict in the Google versus Epic Games antitrust case in the US has spread cheer among the Indian gaming and app developers. Ending a three-year legal battle, the San Francisco jury found that Google turned its Play app store and billing service into an illegal monopoly. American video game maker Epic Games, best known for Fortnite, had sued Google in 2020.
Source: rediff.com