Ankoor Warikoo steps down as CEO of Nearbuy
Ankoor Warikoo has stepped down as CEO of Nearbuy, Paytm’s hyperlocal e-commerce business. Warikoo made the announcement on LinkedIn. He also shared that fellow founder, Ravi Shankar will assume the responsibilities of CEO.
Warikoo will continue to associate with the organisation as board member and shareholder. An investor and entrepreneur, Warikoo joined Nearbuy in 2015 when it was still a part of Groupon. The company was acquired by Paytm in December 2019.