Former Times Internet* CEO, Rishi Khiani has launched Ant Farm, an innovation sandbox that aims to ideate, build, and operate new companies by getting people across different areas of expertise, on board. The development was first reported by Techcircle. Khiani did not answer our calls but we'll update this post when we hear from him. According to the company's website it selects ideas, puts together people, technology, strategy, marketing & money to build real companies. The site also mentions the names of five companies which Ant Farm's setting up at this point in time - Stylista, Arrive, Social Plug, Fork and Teach Cast. However, there was no additional information about the companies or operational websites. As per Khiani's LinkedIn profile, he's be on board as Managing Director and CEO at Ant Farms. He also clarifies that Ant Farms is not an incubator, an accelerator or a fund and is a team of Blue Sky thinkers, Entrepreneurs and professionals who can build and scale business in today's landscape. The profile mentions that Ant Farm's focus areas are education, travel & leisure, retail, ad-tech and life sciences. Khiani had quit Times Internet, earlier this year. He had joined the company in June 2009, replacing Dinesh Wadhawan. Prior to joining Indiatimes, Khiani was the COO at Web18, which he had joined after he had sold his company UrbanEye to the Network18 group. Upen Rai, who had quit Indiatimes in September, has also joined Khiani's new venture, and according to his LinkedIn profile, he'd be serving as COO and Executive Director. *Disclosure: Times Internet…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...