India, April 1 -- Regan Mithani, cofounder of Clear-acquired SaaS startup Xpedize, passed away on March 29, while he was on a family vacation in Singapore. Inc42 couldn't ascertain the cause of death as of now.

"Regan had transitioned from his tenure at Clear to establish a venture uniquely situated at the intersection of his passion for cricket and his business acumen. He was regarded as an exceptional individual and a steadfast friend to the Clear community. His untimely passing is profoundly saddening; may his soul rest in peace," Clear said in a statement. 

Mithani founded Gurugram-based supply chain financing tech startup Xpedize in 2017, along with Deepak Gugnani. Xpedize operated a supply chain finance platform focused on in...