“He resigned sometime over the last two weeks and is currently serving his notice period,” stated one of many individuals cited earlier, including that chief technique officer Takeo Ueno will take over the submit of CEO.
Neralla and NTT Data Payment Services India didn’t reply to ET’s electronic mail question on the matter.
The individual cited earlier stated Neralla intends to have his personal startup and is trying on the cross-border funds house for his subsequent enterprise.
Digital funds firm NTT Data Payment Services is the native subsidiary of Tokyo-headquartered info expertise big NTT Data. NTT Data had entered India in 2018 by buying 55% of Atom Technologies. The firm had invested $9.2 million then. Before the acquisition, Atom was owned by 63 Moons Technologies.
Neralla, who was the CEO of Atom then, turned part of NTT Data India by means of the acquisition and completed three years of lock-in final September. He waited until March to place in his papers, based on the individual cited earlier.
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NTT Data India provides providers throughout on-line and offline funds. It deploys level of sale terminals at service provider areas on behalf of its three main banking companions. It has 75,000 to 80,000 terminals. It obtained a fee aggregator licence from the Reserve Bank of India in September final 12 months.
Source: economictimes.indiatimes.com