MAM
ZebPay elevates Raj Karkara to chief operating officer
Mumbai: Bitcoin and crypto asset exchange platform ZebPay has elevated Raj Karkara to the role of chief operating officer (COO). He will work closely with ZebPay’s co-CEO Avinash Shekhar, in setting and driving organisational vision, operational strategy, performance management and hiring needs.
Karkara’s primary responsibility will be to develop actionable business strategies and plans that align with the company’s short-term and long-term objectives. Additionally, he will work towards translating the strategy into executable goals for performance and further growth of ZebPay, said the company in a statement on Wednesday.
“Raj has strengthened ZebPay’s presence and business in the crypto ecosystem since he joined us over a year ago. With his extensive expertise, ZebPay will see rapid growth and global expansion to achieve our vision of becoming become the #1 cryptocurrency exchange in India and the world,” stated Shekhar. “We are building ZebPay as an all-encompassing crypto company that offers innovative solutions and products to a diverse set of investors, from retail to institutional.”
He joined ZebPay as chief business officer in September 2020 and more recently, had been promoted to the role of chief marketing officer. With this role change, in addition to marketing, Karkara will now directly oversee product management, trade, OTC, global growth and operations (customer service and excellence).
Karkara comes with over 15 years of experience in the financial services, fintech and e-commerce industries. Previously, he was associated with KansoStrategy as co-founder, a boutique strategy and consulting firm that works with crypto, e-commerce, payments and fintech clients globally. Prior to Kanso, he held various positions such as senior vice president of product, CRO and COO at tZERO, the global leader in digital securities. He also held the role of vice president of product management for financial services, loyalty and new business development at Overstock. Prior to Overstock, he held the role of director, global product and solutions at MasterCard, where his responsibilities included prepaid strategy and mobile money.
“ZebPay has been innovating and launching new and industry-first products to address the needs of a diverse set of customers ever since its inception in 2014 and I am excited to lead ZebPay as it gears up for further expansion,” said Karkara, on his new role. “Crypto is booming in India with vast untapped potential for solutions that will make us a global leader. ZebPay is well-positioned to play an integral part and I am looking forward to driving strategies and building on our foundation of product and customer excellence to be the leading crypto exchange in India and globally.”
MAM
Bob Iger joins Thrive Capital as adviser after Disney exit
Former Disney CEO returns to VC firm, stays on as Disney adviser till 2026.
MUMBAI: From castles to capital, Bob Iger isn’t done building just changing the blueprint. Bob Iger has taken on an advisory role at Thrive Capital, marking a return to the New York-based venture firm he briefly joined in 2022. Founded in 2009 by Josh Kushner, Thrive Capital has been positioning itself at the intersection of technology and long-term value creation, an area where Iger’s experience in scaling global entertainment businesses is expected to add weight. Kushner, 40, welcomed Iger back, highlighting his ability to blend technology with human-centric storytelling, particularly in an era increasingly shaped by artificial intelligence.
Iger is no stranger to Thrive. He had earlier joined the firm as a venture partner in September 2022, after stepping down as CEO of The Walt Disney Company and concluding his tenure as executive chairman in 2021. That stint, however, was short-lived. In November 2022, Disney’s board brought him back to steady the ship, replacing Bob Chapek following a turbulent period for the company.
Now, with his latest exit from Disney’s top job last month, Iger appears to be revisiting the venture world, this time with a clearer runway. Still, the Disney chapter isn’t entirely closed. Under his agreement with the company, he will remain until the end of 2026 as a senior adviser to new CEO Josh D’Amaro and will continue to serve on the board for his current term.
The move comes as venture firms increasingly seek operators with deep industry experience to navigate what Kushner described as “the most consequential technology shift” of the era, driven by AI. For Iger, whose career has hinged on blending creativity with scale, the transition from Hollywood to high-growth investing seems less like a pivot and more like a plot twist.
