Bistip Appointed New CEO and Closed A New Funding after Four Void Years
Summary
Bistip now possesses new direction after being vacuum for the past two-three years. As Tech In Asia reported, Bistip has just closed an undisclosed seed funding from anonymous investor and changed its CEO, from Willy Ekasalim (Bistips Co-Founder) to Rohit Kanwar as per February this year.Bistips absence all this time led us questioning whether the platform was still in operation or not. And, I must say, the response sort of surprised me.This round of funding wasnt the first for Bistip, which has been operating for five years. Four years ago, the platform sealed an investment from InvestIdea. However, the amount wasnt significant enough to even be called as a seed funding in todays term.Kanwar, the new CEO, has been in the industry for a long time, having previously been active as Bakrie Telecoms VP Customer Management & Big Data Analytics, while Ekasalim, according to his LinkedIn profile, is no longer active at Bistip.Although being crowded enough, as Bistip claimed that the team have gatheres 30.000 active users with Rp 2,6 billion of total transaction, they have yet had any clear business model because all of the transaction are done outside the system.