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Wow Venue Co-founders quit; move out to form a similar start-up

Wow Venue Co-founders quit; move out to form a similar start-up

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Caption: L-R Ganesh Rai, Founder; Pranav Pathak, Co-founder, Ankit Agarwal, Co-founder & Director & Sangram Baviskar, Advisor-Finance & Chief Business Officer

Venue booking and event start-up – Wow Venue that was recently in news for raising USD 1.5 million witnessed a drastic turn of events. As per the recent development, the Co-founder and Director – Ankit Agarwal has handed his resignation and moved out of the company.

Following his departure from the company, another Co-founder and Strategic Investor – Pranav Pathak has also announced his decision to pull back the promised investment of USD 1.5 million to Wow Venue.

The sudden split in the senior management is attributed to differences among the Founder and other Directors. As informed, Agarwal and Pathak are in talks of starting a new venture in the events and venue booking space which will be announced shortly.