As the year 2025 dawns, India’s burgeoning tech ecosystem is poised to present unprecedented investment opportunities. With the startup culture maturing rapidly, the country has become a hotspot for both domestic and international investors seeking to tap into the innovation ...
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Community @ 100X Venture Hub Latest Articles
Ola Electric’s Executive Exits and Its Impact on Stock Performance
Introduction Shares of Ola Electric fell as much as 4.6% during intraday trading on December 30, closing at INR 85.93, following a series of high-profile executive exits. The recent resignations of CMO Anshul Khandelwal, CTPO Suvonil Chatterjee, and CHRO ...
Axis Bank Manager and Associates Embezzle INR 12.5 Cr from CRED’s Parent Company
Introduction In a significant financial fraud case, the Bengaluru police arrested an Axis Bank relationship manager, Vaibhav Pithadiya, and three associates from Gujarat for allegedly embezzling INR 12.5 Cr from Dreamplug Paytech Solutions, the parent company of fintech unicorn ...
Impact on Quick Commerce Operation
Introduction Jitendra Bagga, Vice President of Central Operations at Zepto, has resigned after a nine-month tenure. Joining the quick commerce startup in April 2024, Bagga oversaw key warehousing projects, including mother hubs and line haul operations, during a period ...
Srinivas Yanamandra’s Resignation from Paytm and Its Organizational Impact
Introduction Paytm, one of India’s leading fintech companies, announced the resignation of its Head of Compliance, Srinivas Yanamandra, effective February 28, 2025. Yanamandra, who joined Paytm in April 2022, has decided to pursue academic research opportunities, marking a shift ...