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The latest searches are part of the agency's wider investigation into suspected foreign exchange violations involving cryptocurrency platforms.
The fund, registered with the Securities and Exchange Board of India (SEBI) as a Category II Alternative Investment Fund (AIF), has a target corpus of Rs 150 crore.
NTSL will focus on emerging technology areas beyond NPCI's core payments business, including artificial intelligence.
The searches were carried out on October 27 covering entities operating the Mudrex and Saber.money platforms, along with the decentralised finance (DeFi) protocol Instadapp.
According to the company, its market capitalisation grew from around Rs 2,500 crore to around Rs 80,000 crore during Oberoi's 16 years as CEO.
The round also saw participation from Equirus InnovateX Fund and angel investors.
Manish was arrested on April 17, 2026 by the Directorate General of GST Intelligence (DGGI), Ghaziabad Unit, under multiple provisions of the CGST Act, 2017.
In his new role, Malli will be responsible for the Department of Supervision (Supervisory Assessment).
The agency said the total value of proceeds of crime attached, frozen and seized during the investigation so far stands at around Rs 2,843 crore.
The fresh capital will be used for product development, customer deployments, and expanding its engineering teams across the US, India, and Israel.
Enrission India head Harsh Deodhar says that its association with Indian IITs is a "good selling point" to the Japanese LPs.
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.
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.
