ZebPay reappoints Rahul Pagidipati as CEO

By Leandra Monteiro

ZebPay, India’s oldest crypto asset exchange, announced that Rahul Pagidipati is now back in charge as the CEO of ZebPay effective December 1, 2022. Rahul will spearhead ZebPay’s operations and work with the current leadership team to grow current and new lines of business.

Rahul Pagidipati first became CEO of ZebPay in January 2020, when he acquired majority ownership from the three co-founders. In June 2021, ZebPay announced that Rahul Pagidipati and Avinash Shekhar would share responsibilities as co-CEOs, with Avinash focusing on increasing ZebPay’s market share in India as well as growing the company’s revenue, while Rahul led international growth and strategy. In December, Avinash took over as the CEO, while Rahul continued to support and guide him as chairman.

As CEO, Rahul plans to expand ZebPay’s business with innovative products and services tailored to retail and institutional customers, as well as government and non-profits. ZebPay will continue to focus on investor education and creating a seamless user experience. The former CEO, Avinash Shekhar, will embark on his entrepreneurial journey with the launch of his own venture in the Web3 space.

Rahul Pagidipati shared, “I’m excited to be back as CEO of ZebPay. I never stopped being involved at the strategic level, but this year my focus has been on growth and investment opportunities. As I step back into daily operations, we will build new products and services focused on the specific needs of our different customer groups, whether they be individuals, institutions, or government”.

“Avinash has been a great partner in building ZebPay’s India operations and has contributed significantly to strengthening ZebPay’s position as one of the leading crypto exchanges in India. We wholeheartedly support Avinash’s aspirations to become an entrepreneur and will be a stakeholder in his new venture as we believe in his vision”.

Avinash Shekhar, former CEO said, “I am grateful to have had the opportunity to lead ZebPay, a firm proud of its strong business and ethical values. Building ZebPay has been a wonderful and rewarding journey as I was able to closely witness India’s potential for the crypto and Web3 space. This, in fact, birthed the idea for my new venture. Rahul has always been my sounding board throughout my journey at ZebPay and has been nothing but supportive when I expressed the desire to take the entrepreneurial route. I am confident that Rahul’s expertise and passion for the Web3 space will help ZebPay in reaching new heights”.