Explore the latest news, in-depth reports, and executive analysis tagged with #Cto.
The acquisition comes just months after C2i Semiconductors raised Series A funding led by venture capital firm Peak XV Partners.
The appointments have been approved by the company’s board, and the Reserve Bank of India (RBI) has also cleared Samir Sawhney’s appointment as Executive Director.
The Bengaluru-based startup will use the fresh capital to accelerate the development of enterprise-grade AI solutions and strengthen its Forward Deployed Engineer (FDE) model, among others.
The NBFC arm, Dhanrise Finance, is scheduled to commence lending operations in October 2026.
Chakraborty will oversee the Foreign Exchange Department as well as the Financial Markets Regulation Department.
As part of the leadership changes, Rahul Chari, co-founder, PhonePe, has assumed the expanded role of chief product and technology officer (CPTO).
Toro has been appointed Co-founder and Chief Technology Officer (CTO) while Banger has been named Co-founder and Chief Business Officer.
The venture capital firm had raised Rs 600 crore for its second fund and was expecting to hit the first close of the third fund this year.
Singh, who spent more than 11 years at Uber, will join OpenAI in September.
The chip is the first in what it describes as a multi-generation compute platform
The ED alleged that these platforms advertised instant cross-border money transfer services using cryptocurrencies despite not being authorised payment system operators.
The ED had arrested the three founders on May 8 following searches at multiple locations linked to Gameskraft and its executives.
Enforcement Directorate (ED), Directorate General of GST Intelligence (DGGI) actions against online gaming and fintech companies in last couple of months.
ED seized cash, bullion, incriminating documents, froze four luxury vehicles; and identifies Dubai-based Grenadian national as Pay10's alleged ultimate beneficial owner.
In his new role as Executive Director, Gunveer Singh will oversee the Department of Payment and Settlement Systems.
During the raids, the ED reportedly seized substantial cash, valuables, electronic devices, and other incriminating evidence.
The ED also alleged that the gaming company used bots to play games against users without their knowledge, causing losses of about Rs 1,154 crore to players.
The case is linked to alleged illegal gains made through Gameskraft's real-money gaming apps, including RummyCulture and RummyTime.
The order, which was primarily driven by the Indian Ministry of Defence under the Emergency Procurement Route, was completed in just two months.
According to Sebi, directors failed to discharge duties with unbiased approach while decision-making with respect to matters involving benefits to Paytm CEO Vijay Shekhar Sharma.
