Rishi Garg Twitter

Twitter’s vice president of corporate development and strategy, Rishi Garg has quit to “pursue some exciting new projects.” He was in-charge of mergers & acquisitions at Twitter and during his tenure the microblogging major completed about 12 acquisitions, including Bangalore-based mobile marketing and analytics company Zipdial, live streaming app Periscope, TellApartJoinNiche, and machine learning startup Whetlab among others. The company is also reportedly in talks to buy Flipboard for $1 billion. This was first reported by Re/code.

 

Garg joined Twitter a little over a year back from digital payments company Square, where he was engaged in a similar role. Interestingly, Square was founded by Twitter co-founder Jack Dorsey, who is incidentally now serving as the interim CEO of Twitter, after CEO Dick Costolo stepped down. Garg had joined Square in 2012 and played a key role in the partnership the mobile payments company formed with T-Mobile, Verizon, Angie’s List, Obama for America, and Romney for President among others.

It’s worth noting that Twitter’s director of corporate development and strategy, Jess Verrilli had stepped down from her role just about a month back, to join Google Ventures as a partner. She had played a key role in Twitter’s acquisition of Vine.

Twitter has over 302 million monthly active users (MAUs) globally, as of March 31, 2015, with the US market accounting for 21.52% or 65 million of the MAUs.