Anand Chandrasekaran

1Nov By Gauri SinghNo Comments

News

Senior Executive Anand Chandrasekaran Quits Facebook

Facebook’s director of platforms and product partnerships Anand Chandrasekaran based in its Menlo Park headquarters has resigned from the company. He started his job at Facebook in 2016 and after two years of his work, he quit. His departure ends a two-year stint which began in September 2016, where he had joined to work on Facebook’s popular Messenger product. Along with this, Chandrasekaran is also an active angel investor in the Indian startup ecosystem. According to the sources, while the 40-year-old had initially joined Facebook to work on the tech giant’s Messenger platform, “he began overseeing the company’s India business, acting as a bridge between the two markets.” Facebook believes India to be its largest market, with over 250 million active users. It has also been said...

Parenting Startup BabyChakra Raises Funds from Multiple Investors

10Sep By Gauri SinghNo Comments

FUNDING

Parenting Startup BabyChakra Raises Funds from Multiple Investors

Online parenting company BabyChakra has reportedly secured an undisclosed amount of funds in a funding round. The round was led by investors including Mark Mobius & Rajesh Sehgal backed Equanimity Ventures Fund, Facebook’s director Anand Chandrasekaran and OYO’s Chief Strategy Officer Maninder Gulati. The funds so raised will be utilized in strengthening the company’s region and vernacular segment. Other existing investors that participated in the round include Arihant Patni, Artha Ventures and Bharat Rawla. BabyChakra had earlier secured series-A funding from RoundGlass Partners and seed funding from Mumbai Angels, Patni Family Office, and Singapore Angel Network. “The fresh capital will be used to further strengthen BabyChakra’s regional and language-specific content and communit...

Anand Chandrasekaran Invested in Fashion E-commerce Portal Fynd

5Jan By NitishNo Comments

FUNDING

Anand Chandrasekaran Invested in Fashion E-commerce Portal Fynd

Fashion e-commerce portal Fynd has raised an undisclosed amount of funding from Facebook executive Anand Chandrasekaran. Arvind Sports Lifestyle CEO Rajiv Mehta and Livspace co-founder Ramakant Sharm also participated in this round. Fynd optimises delivery time for online shoppers by sourcing products from the outlets nearest to the customer. It sells fashion apparel, bags and accessories on its platform. "Our major purpose of raising the round wasn't to gain more capital but to partner with stakeholders who can actually help us with their experiences and expertise.” Last year, Fynd completed preliminary testing of its business model and was scaling up business from Mumbai to nationwide, said Fynd’s, co-founder Harsh Shah. "Around the same time, Anand, Ramakant, and Rajiv amongst...

Anand Chandrasekaran Will Join Facebook Messenger App Team

19Sep By PriyankaNo Comments

News

Anand Chandrasekaran Will Join Facebook Messenger App Team

As per the sources Facebook hired Snapdeal former executive and a high-profile investor Anand Chandrasekaran to help develop strategies for its Messenger app. The announcement could be made tomorrow. Both Anand and facebook didn’t immediately respond to requests for comment. Anand Chandrasekaran resume includes company like Yahoo & Snapdeal as a former senior executive. He also served at India’s largest cellular company, Bharti Airtel Ltd. as a chief product officer. Where he launched Airtel’s mobile application and a popular music streaming app. His expertise in Silicon Valley and India will help messenger platform. He will assume a global leadership role working on strategies and partnerships for Facebook’s billion-user-strong texting service, according to people familiar w...