Cartica Acquisition Corp. announced Steven J. Quamme resigned as interim chief executive officer. In connection with the Transfer, the new board appointed Suresh Guduru as chief executive officer of the company.

Suresh Guduru, 50, has served as the Chief Executive Officer and Chief Technology Officer of Softengg Inc., a software and technology services company, since September 1998. Since June 2021, he has served as Chief Executive Officer and Chairman of Namaste World Acquisition Corporation. Mr. Guduru has served as the Chairman and Director of Royal Treasures Inc., a retail and wholesale food business, since May 2002.

Mr. Guduru has also served as the Managing Member and Director of Green Foods, LLC, an import, grocery and hospitality business, since 2008. He has also served as the Chief Executive Officer of Organic Ingredients Inc., a food and hospitality business, and President of Oakmead Village LLC, a real-estate business, since April 2012 and December 2012, respectively. In addition, Mr. Guduru has served as Chairman and Director of Gallant Services Inc., a retail and wholesale food business, since August 2015 and as Chief Executive Officer and Chairman of Yuvika Inc., a jewelry and accessories business, since September 2020.

Moreover, Mr. Guduru has served as the Managing Member of AbSoMa LLC, an investments and real-estate holdings company, since June 2021. Mr. Guduru obtained his Bachelor of Technology in Computer Science and Engineering in 1994 from Nagarjuna University, and his Masters of Technology in Computer Science from University of Hyderabad in 1997. The Board has determined that Mr. Guduru's significant experience in both retail and technology, in addition to a wide range of other industries, qualifies him to serve as Chairman of the Board.