Zach Finklestein, Careem’s mergers and acquisitions boss has left the company. He was one of company’s high-profile appointments who had joined as VP Corporate Development last year to help them accelerate their growth through strategic partnerships and lead their investment agenda and investor relations throughout the region.
Prior to joining Careem, Zach was with San Francisco-based VC Lumia Capital, which was one of the investors in Careem’s $60 million Series C in 2015.
According to his LinkedIn profile, Zach left Careem last month to start a VC firm in San Francisco.
During his time with the company, Careem acquired three startups: India’s bus shuttle service Commut, UAE’s restaurant booking platform RoundMenu and Pakistan’s on-demand delivery startup DeliveryChacha.
And it has (had?) been in talks with Uber to a possible merger/acquisition.
The reasons for Zach’s departure remain unknown.
Featured image via Careem.
Latest posts by MB Staff (see all)
- Dubai to provide free WiFi on all taxis in the city - October 18, 2018
- Careem raises $200 million in latest funding round at a reported valuation of over $2 billion - October 18, 2018
- Dubai ruler launches ‘Madrasa’, largest free Arabic e-learning platform for school students - October 17, 2018