Ex-Swiggy CTO Dale Vaz Launches Aaritya Tech with Seed Funding from Accel and Elevation Capital
- ByStartupStory | September 8, 2023
Dale Vaz, the former Chief Technology Officer (CTO) of Swiggy, has embarked on his entrepreneurial journey by launching a wealthtech startup called Aaritya Tech. This new venture has secured seed funding from prominent venture capital firms Accel and Elevation Capital. Vaz announced this development on X (formerly Twitter), expressing his gratitude and humility for the support received.
While the exact amount of seed funding was not disclosed, Vaz emphasized that with funding in place, the focus is now on building Aaritya Tech. He also mentioned that the startup is in the process of finalizing funds from angel investors, a step taken later to streamline funding procedures for the VC-led portion of the seed round.
Aaritya Tech is currently a small, hand-picked team, and they are actively seeking individuals passionate about long-term growth, especially in roles related to growth/marketing and engineering. Vaz encouraged those with experience in online trading and a desire to be part of the startup’s journey to get in touch.
Dale Vaz had been with Swiggy since July 2018 and assumed the role of CTO in February 2020. The startup’s roles are primarily based in Bangalore.
“Our angel allocation will be finalised and closed soon. We decided to do this later to simplify the funding formalities and paperwork for the VC-led part of the seed round,” the former Swiggy CTO further said. Vaz joined Swiggy in July 2018 and became its CTO in February 2020. “If you have experience building in the online trading space and want to get in at the start of our journey, ping me or drop a note to jobs@aaritya.com. We only have in-office (Bangalore) based roles at this time,” he posted on X. Former Swiggy CTO Dale Vaz announces his own wealthtech startup
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