This 16-Year-old Indian girl just sold her crypto app to a California venture investment firm, Redwood City Ventures

Nickie Louise Posted On April 3, 2018

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Harshita Arora is not your typical 16-year old. When other teenagers were busy playing games, Arora was busy developing crypto tracker app. Harshita was formerly at Salesforce and MIT Launch before she created Crypto Price Tracker which has just been by California venture investment firm, Redwood City Ventures.

In a statement today, Redwood City Ventures, a crypto-currency venture investment firm, announced it has purchased from wunderkind Harshita Arora a popular iOS application to track crypto prices. Arora, a home-schooled 16-year-old Indian girl, will also partner with Redwood City Ventures to manage the Crypto Price Tracker application’s rapid growth. Launched in late January from Arora’s hometown city north of New Delhi, the application shot toward the top of the App Store charts in just 24 hours.

Crypto Price Tracker helps retail investors in 10 languages monitor in real-time the prices of more than 1,000 crypto-currencies across about 20 exchanges and in 32 different fiat currencies. It also allows users to set alerts and manage their crypto portfolio, and much more. The app is also available in 10 languages on the App Store.

Redwood City Ventures, which owns one of North America’s largest crypto-currency mining datacenters, bought the app as part of its broader strategy to offer consumer-focused financial technology products. Redwood City Ventures Founder Sean Walsh said: “We are committed to more than just crypto-currency mining. We are building valuable direct-to-consumer products and services intended to accelerate mainstream crypto-currency adoption and demystify the often confusing marketplace for consumers.”

Arora, who initially faced racist and misogynist attacks online from people skeptical the teenager was really behind the popular app, plans to create additional products. Arora has previously studied in the United States at an MIT summer program and is applying to work in the country through a visa program for foreigners with extraordinary capability. “I learned that the online world can be cruel. But I feel I have an entrepreneurial spirit and I love startup culture,” Arora said. “I am now more determined than ever to develop ideas and products and am delighted to count on the support of Redwood City Ventures for the Crypto Price Tracker.”

Walsh said: “Diversity in technology, and in crypto specifically, is important. And, working with a young woman as talented as Harshita, only reinforces our conviction that high-tech worker immigration into Silicon Valley, and the USA more broadly, better equips our country to compete in the global tech market.” App creator Harshita Arora and Redwood City Ventures Founder Sean Walsh are available to interview.