VC firm SAIF Partners, which says it has over $4 billion under management, has appointed former Freecharge CEO Alok Goel as a Managing Director. Freecharge was recently acquired by Snapdeal in April this year. (Read Why Snapdeal wants to buy Freecharge) Prior to joining Freecharge, Goel was COO of Redbus, and its sale of 80% stake for $101 million to Naspers was fairly controversial (more here). At SAIF Partners, Goel will be looking into early stage investments, the fund has said. Before Redbus, Goel was at Google for five years in various roles including product management of Google Display Network. He was also heading Search and Mobile Products in India, besides serving as Product Manager for Search and Geo Local, India. SAIF Partners has investments in some fairly significant companies, including Paytm, BookMyShow, Urbanladder, Zovi, Firstcry, and also companies like Sify. It took JustDial and MakeMyTrip to IPO, and in case of Homeshop18, almost. Disclosure: Paytm parent One97 Communications is an advertiser with MediaNama
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...