Amit Jain, who beforehand led Uber’s Asia enterprise and served as a associate at Sequoia Capital India, is engaged on a crypto funds platform and has obtained backing from a number of high-profile entrepreneurs together with Uber chief govt Dara Khosrowshahi, a supply acquainted with the matter stated.
Jain’s startup, which is at the moment in stealth mode, is constructing “banking and funds for the crypto financial system,” based on its web site. The startup, known as Zamp, has additionally obtained investments from former SoftBank chief working officer Marcelo Claure and Doordash chief govt Tony Xu, the supply stated.
On the corporate’s web site, Jain has disclosed investments from former SoftBank and Fb govt Kirthiga Reddy, Go-To Group chief govt Andre Soelistyo, Polygon co-founder Sandeep Nailwal, and Coinbase board member Gokul Rajaram. The web site confirms investments from Khosrowshahi, Claure and Xu. The investments in addition to Jain’s new startup haven’t been beforehand reported.
Jain (pictured above) declined to remark. Others couldn’t be instantly reached.
