Restructuring

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.

Inside BharatPe’s tech overhaul as it preps for 2026 IPO

Inside BharatPe’s tech overhaul as it preps for 2026 IPO

02 Jun 2025, 17:20 PM

Performance pressure is mounting at BharatPe, triggering leadership shakeups and engineering changes ahead of its IPO, sources say.

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 15:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

Singapore High Court approves WazirX restructuring plan

Singapore High Court approves WazirX restructuring plan

24 Jan 2025, 15:48 PM

The Singapore High Court has allowed WazirX's parent to convene a scheme meeting with the users of the cryptocurrency exchange.

Fintech Highlights

  1. Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

  2. Avanse Financial Services raises $200 million in debt via ECB

  3. Motilal Oswal Mutual Fund hikes stake in Paytm

  4. Kiwi raising Series B funding led by Vertex

  5. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue
  6. Read more news...

AI/Emerging Tech

  1. Google inks cloud computing deal worth $10 billion with Meta

  2. OpenAI's chief people officer Julia Villagra steps down

  3. OpenAI set to open its first India office

  4. Robotics startup FieldAI raises $405 million from Nvidia's VC arm, others

  5. Meta hits pause on hiring for AI division
  6. Read more news...

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

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality