2017-03-05 | Dubai, UAE
Ex-COO of OLX-Dubizzle MEA, Anvita Varshney, joins Melltoo’s board of advisors.
Morrad Irsame, co-founder and CEO, launched Melltoo, the no-meetup classifieds, in March 2014 in Dubai. According to Mr. Irsane, “Anvita brings us a vast amount of experience in classifieds, marketplaces, and ecommerce, having previously worked in the C-suite at Lazada and OLX-Dubizzle. We are thrilled to have her on board and look forward to working closely with her.”
Ms. Varshney, who also spends time advising leading corporates and VC’s in the region on digital business models, is currently a founding member at the Dubai Angel Investors group. She joined Melltoo because of the disruption Melltoo is bringing to the traditional classifieds model. “Melltoo is reinventing the classifieds space by bringing convenience and trust to customers with ease of shipping and payments, and enabling C2C cross-border trade which has a huge potential in the region”
Also joining the board are Loic Falletta and Sanjiv Purushotham. Mr. Falletta started hacking at the age of 13 and became a white hat hacker at the age of 20. He founded Yinkozi Ltd, an international cyber-security consultancy and a recognized security professional. In this capacity, he has worked on digital payments security for the top 30 largest banks in Canada, Europe and South Africa. Mr. Purushotham is a payments and lending expert with nearly three decades of senior level experience with American Express and MasterCard across AsiaPac, Middle East and Africa.
“Melltoo will be launching an exciting digital payments product that builds upon our existing marketplace. Loic and Sanjiv are digital payments experts and having them on board is critical to the success of Melltoo Pay,” says Mr. Irsane.
Mr. Falletta: “I believe that ensuring trust in digital payment will pave the route towards a cashless society. Melltoo has the potential to be its flag bearer in the Middle East and I’m excited to work with them on making it happen.”
Mr. Purushotham shares Mr. Falletta’s enthusiasm, explaining: “”Electronic peer2peer (P2P) payments have seen significant take-up across geographies as diverse as Kenya and Sweden. Melltoo Pay has an interesting model that engages customers in P2P transactions by providing them with a reason to do so.”
Melltoo, the no-meetup classifieds
Melltoo, a no-meetup classifieds, is a peer2peer marketplace for secondhand things. Users buy and sell preloved electronics, fashion, home and kids items through the app without meetups. Melltoo handles payment and delivery and provides a money-back guarantee on every item purchased through the app. The marketplace has over 100K+ registered users with over 25K+ completed transactions to date. Melltoo Pay is a peer2peer payments product that builds upon the existing marketplace infrastructure. Melltoo Pay is currently in beta and will launch to the public in Q2.
Press contact: Sharene Lee, [email protected], +971-50-237-4957.