Employee

Nvidia-backed Cohere offers employees to cash out via secondary deal

Nvidia-backed Cohere offers employees to cash out via secondary deal

21 Oct 2025, 14:24 PM

This comes after Cohere raised an additional $100 million in September at a $7 billion valuation.

Simpl lays off 80-100 employees after RBI crackdown

Simpl lays off 80-100 employees after RBI crackdown

03 Oct 2025, 13:19 PM

The layoffs came just days after the Reserve Bank of India (RBI) ordered Simpl to immediately stop its payment system operations.

OpenAI valuation touches $500 billion as employees sell shares

OpenAI valuation touches $500 billion as employees sell shares

03 Oct 2025, 11:47 AM

The shares were bought by investors including SoftBank, Dragoneer Investment Group, Thrive Capital, MGX, and T. Rowe Price.

PhonePe rolls out ESOP buyback of Rs 700-800 crore ahead of IPO

PhonePe rolls out ESOP buyback of Rs 700-800 crore ahead of IPO

11 Sep 2025, 18:02 PM

Around 1,000 employees from the company's 12,000-strong workforce are currently eligible to participate in this buyback initiative.

Paytm employees see single-digit remuneration hike; headcount falls 10%

Paytm employees see single-digit remuneration hike; headcount falls 10%

06 Aug 2025, 12:44 PM

No remuneration was paid to non-executive directors at Paytm for the financial year 2024-25.

Clear cuts software engineers and IIT freshers in major restructuring

Clear cuts software engineers and IIT freshers in major restructuring

05 Aug 2025, 19:10 PM

"We undertook broader strategic organisational restructuring, impacting around 16% of our workforce, including a small number of early-career employees," the company said.

MobiKwik reports Rs 1.26 crore fraud by ex-employee

MobiKwik reports Rs 1.26 crore fraud by ex-employee

28 Mar 2025, 21:39 PM

The Gurugram-based fintech claims that the employee embezzled the funds from August 2023 to September 2024 by altering merchant details.

Who Reads Us

Fintech Highlights

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  5. WazirX to resume operations from October 24
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AI/Emerging Tech

  1. Anthropic expands deal with Google worth tens of billions of dollars

  2. OpenAI buys Software Applications

  3. Uniphore secures $260 million in Series F funding from Nvidia, AMD, others

  4. UnifyApps raises $50 million in Series B funding led by WestBridge Capital

  5. India proposes rules to label AI content amid growing deepfake fears
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Money & Machines

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  2. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  3. RBI brings the wild west under regulatory fold; Hello, AI friend

  4. The same fate of two digital lending posterboys; Healthcare not AI ready?
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Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

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