Arjun Sethi News

elite jury led by Kotak Mahindra Bank founder and director Uday Kotak will meet virtually on Tuesday to pick the winners of the ninth edition of India’s most coveted prize for entrepreneurial excellence – The Economic Times Startup Awards (ETSA). Joining Kotak on the jury will be Ranjan Pai, chairman of Manipal Hospital; Shekhar Kirani, partner at Accel; Supam Maheshwari, cofounder & CEO of FirstCry; Deepinder Goyal, cofounder & CEO of Zomato; Kalyan Krishnamurthy, CEO of Flipkart group; Renuka Ramnath, founder of Multiples PE; Harshil Mathur, cofounder & CEO of Razorpay; Roshni Nadar Malhotra, chairperson of HCLTech; Satyan Gajwani, vice chairman at Times Internet; and Arjun Sethi, cofounder of Silicon Valley-based Tribe Capital, who will also be a part of the high-powered panel.

Kraken, one of the world's largest cryptocurrency exchanges, on Wednesday announced the layoff of 15% of its workers, a corporate restructuring and the appointment of a new co-chief executive. The cuts amounted to about 400 of the company's roughly 2,600 employees, two people with knowledge of the company said. They included two members of the leadership team: the chief operating officer, Gilles BianRosa, and the chief technology officer, Vishnu Patankar, two people said. Kraken named Arjun Sethi, a longtime Silicon Valley executive, as co-CEO, alongside Dave Ripley. Ripley became chief executive in 2023 after Jesse Powell, the company's founder, stepped down following internal struggles with employees.

Venture capital firm, Tribe Capital, has launched a new crypto fund to raise $100 million.

An effort to revive collapsed crypto exchange FTX has drawn interest from Tribe Capital, a venture firm seeking to lead a $250 million fundraising campaign for the new platform. 

Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18.