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Sept. 11, 2023

The co-founders of NFT company Rario, Ankit Wadhwa and Sunny Bhanot, have left the project after two years of work due to disagreements with investors, TechCrunch has reported.

Wadhwa held the position of chief executive officer of the company, while Bhanot was the CTO.

Inside sources have reported both have made the decision because the startup's largest backer, Dream11, was interfering too much in the work process.

As part of the broader changes at Rario, other employees may also be fired.

Dream Sports, Dream11's parent company, is concurrently discussing cuts in corporate spending. The organization is in talks with numerous partners to resolve the issue.

Rario has previously teamed up with Tendulkar, Cricket Australia, IPL franchises Gujarat Titan, Punjab Kings, Abu Dhabi T10 and top leagues Hero Caribbean and Lanka.

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