The Group appointed StanChart dealmaker Sandeep Agrawal as head of corporate finance responsible for M&As and capital raising.
Last month, PayU's two managing directors, Shailaz Nag and Jitendra Gupta, reportedly quit the organisation.
Chaluangco’s appointment comes as MDI Ventures begins to go full throttle in expanding its footprint globally.
The move comes days after China Renaissance made a final close of its yuan-denominated fund of over $923 million.
He will be reporting to Aditya Ghosh, the company’s chief executive officer for India and South Asia.
The lay-offs were carried out due to redundancies in its current customer support workforce.
The PE firm has announced the appointment of Bhagat as a co-managing partner and head of Asia funds, confirming an earlier DealStreetAsia report.
Ashraf has left the VC firm two years after joining it as a venture partner.
Rest of Asia
Korea Investment Corporation has appointed Dae-yang Park as its new chief investment officer.
Katz will report to Gerald Rizzieri, president and chief executive of Mizuho Securities in New York.
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