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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


SEBI Bars Gensol Promoters From Holding Position Of Director

India, April 15 -- Markets regulator SEBI has barred the promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, from holding the position of director or key managerial personnel of... Read More


SEBI Bars Gensol's Jaggi Brothers From Markets For Treating Company's Funds As Their 'Piggybank'

India, April 15 -- Markets regulator SEBI has barred the promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, from holding the position of director or key managerial personnel of... 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


Exclusive: Sanjeev Kapoor's Wonderchef Eyes IPO At INR 1,800 Cr Valuation

India, April 15 -- Renowned chef Sanjeev Kapoor's Wonderchef is looking to go public this year, becoming the latest Indian startup to join the IPO race. The Mumbai-based startup is eyeing a valuation... Read More


How Whatfix Is Going All-In On AI As It Eyes A $150 Mn ARR Milestone

India, April 15 -- Amid the accelerating adoption of AI across sectors, the CEO of Microsoft, Satya Nadella, is quite vocal about the end of the pure-play SaaS era. Of course, this has sparked a disco... 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


New-Age Tech Stocks Surge As Markets Cheer US' Tariff Pause

India, April 15 -- US president Donald Trump's decision to pause reciprocal tariffs for all countries, except China, for 90 days and temporarily exempt semiconductors and electronics items from tariff... Read More


MoEngage In Talks To Raise $150-180 Mn, Ropes In Avendus: Report

India, April 15 -- Customer engagement platform MoEngage is reportedly looking to raise $150-180 Mn in a mix of primary and secondary transactions. A Mint report, citing people close to the matter, s... Read More


PhonePe Launches UPI Circle For Users To Manage Payments For Trusted Contacts

India, April 15 -- After Google Pay, PhonePe has now launched UPI Circle on its app, enabling primary users to manage payments on behalf of family members and trusted contacts. UPI Circle allows user... Read More