ZebPay CEO quits for this reason – Katoch Tubes

ZebPay CEO  Call it a day

What is ZebPay?

Founded in 2014, ZebPay is one of the leading crypto exchange in India with over  3 million user base.

What's the News?

ZebPay CEO Avinash Shekhar quits the company. The news came a month after its CFO Tarun Jain left the company

Troubled Times

The news came at the time when the crypto industry is struggling to make ends meet in the bear market.

What ZebPay is upto?

ZebPay has planned to diversify from being a crypto exchange to becoming a financial advisor like a crypto investment bank for startups

The Taxation Issue

Indian govt. has slapped 30% tax on capital gains & 1% TDS on every crypto transaction. Adding insult to injury

Why the CEO quits?

The CEO Avinash quits to focus on his new web3.0 startup. However, he will continue to stay in an advisory role on ZebPay

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