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Paytm CEO Vijay Shekhar Sharma Surrenders 2.1 Cr ESOPs

India, April 16 -- Paytm founder, CEO and MD Vijay Shekhar Sharma has voluntarily given up 2.1 Cr unvested employee stock options (ESOPs). "Mr. Vijay Shekhar Sharma. vide letter dated April 16, 2025 ... Read More


Exclusive: SaaS Unicorn Gupshup Fires 500 Employees In 5 Months

India, April 15 -- Conversational AI unicorn Gupshup laid off around 200 employees in a restructuring exercise earlier this month, sources told Inc42. This was the second such exercise at Gupshup in ... Read More


Exclusive: SaaS Unicorn Gupshup Fires 500 Employees

India, April 15 -- Conversational AI unicorn Gupshup laid off around 200 employees in a restructuring exercise earlier this month, sources told Inc42. This was the second such exercise at Gupshup in ... Read More


Cashfree Payments Appoints Piyush Anchliya As New CFO

India, April 15 -- Fintech soonicorn Cashfree Payments has appointed Piyush Anchliya as its new chief financial officer (CFO). Anchliya will lead the startup's financial strategy and operations, suppo... Read More


NPCI Holds Meeting With Banks, Fintech Apps Over UPI Outages

India, April 15 -- The officials of the National Payments Corporation of India (NPCI), which manages the Unified Payments Interface (UPI), reportedly met with major banks and UPI apps today to discuss... Read More


Delhi EV Policy: Govt Plans INR 30,000 Subsidy For Purchasing 2-Wheelers

India, April 11 -- In an effort to accelerate EV adoption and improve the air quality in Delhi, the state government is considering offering a purchase subsidy of up to INR 30,000 for buying two-wheel... Read More


Delhivery Founder Sahil Barua Quits Swiggy's Board

India, April 11 -- Logistics major Delhivery's founder and CEO Sahil Barua has resigned from the position of Swiggy's independent director, citing increased professional commitments. In an exchange f... Read More


Exclusive: Daalchini Turns Profitable, Posts INR 2.5 Cr PAT In FY25

India, April 11 -- Retail tech startup Daalchini turned profitable in the year ended March 2025 (FY25), its cofounder and CEO Prerna Kalra said. The startup reported a consolidated net profit of INR ... Read More


Glance Working On Rolling Out AI-Led Personalised Commerce Offering

India, April 9 -- InMobi-owned Glance is building an AI-led commerce offering that will transform devices like phones or TVs into a hyper-personalised styling and shopping discovery space. Glance pre... Read More


Creditors Approve Wazir's Proposed Restructuring Plan

India, April 7 -- Hit by a $235 Mn heist last year, crypto exchange WazirX's parent Zettai said that a majority of its creditors voted in favour of a proposed restructuring scheme to expedite the reco... Read More