Mike Gupta quits Twitter
Mike Gupta, overseer of Twitter’s venture arm, has quit the company, reports the ET. Previously Gupta served as the CFO of the company, but was replaced in 2014 by Anthony Noto.
As of now, cofounder Jack Dorsey is serving as the interim CEO at Twitter and at the digital payment company Square. This was after Dick Costolo stepped down as its CEO after five years in the position. In July, Twitter’s chief communications officer Gabriel Stricker had also quit. Towards the end of June, Twitter’s vice president of corporate development and strategy, Rishi Garg quit to “pursue some exciting new projects.”
In August, Twitter India appointed Viral Jani as head of TV partnerships. In his new role, Jani leads strategic collaboration with TV channels to increase audience engagement on Twitter. He is also responsible for working with broadcasters, production houses and audience measurement systems, to bring content from TV to Twitter.
Zopper appoints Harneet Singh as chief business officer
Hyperlocal marketplace Zopper has appointed Harneet Singh as it chief business officer, reports Vccircle. Prior to Zopper, Singh worked at Dominos as senior vice president responsible for marketing, ecommerce and new product development.
In June, Zopper raised $20 million in a Series B round of funding from Tiger Global and Nirvana Ventures Advisors. The platform had said then that it would use the funds for making ’key’ appointments other than for expansion and technology development. Zopper had previously raised $5 million in a round of funding in July last year. The company had also raised an undisclosed amount of investment in April 2013 and in June 2012. The platform currently lets users search for products and categories and compare prices, which can be bought from etailers or physical shops nearby.
Ratan Tata joins IDG Ventures
Ratan Tata has joined IDG Ventures as a senior advisor for advising portfolio companies. Note that, Tata has invested in over a dozen startups over the last year or so in his personal capacity, although the amount has never been disclosed. Other than this, Tata also joined the venture capital firm Kalaari Capital in an advisory role in February this year.
Startups Tata has invested in include Holachef, Infinite Analytics, YourStory, Lybrate, Ola, Kaaryah, Xiaomi, CarDekho, Urban Ladder, Bluestone and Snapdeal. Check the full list here. As we have said before, it’s difficult to ascertain what Ratan Tata brings to a startup apart from the PR that follows, and maybe, given what has followed in case of some investments like Snapdeal, easier access to partnerships with Tata Group companies.
Little makes two top level hires
Hyperlocal deals marketplace Little has appointed Wishy Arora as its VP of products and Suraj Panigrahy as VP of sales and merchant acquisition. Prior to Little, Arora worked with Cleartrip while Panigrahy worked at ‘69 seconds’.
Little was founded in July, when Zovi founders Manish Chopra and Satish Mani raised $50 million in funding from Paytm, an undisclosed investor and existing investors SAIF Partners and Tiger Global Management for establishing an online to offline app-only marketplace. The platform had said then that it would use the funds for hiring senior level employees, sign up merchants and build its technology.