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Magenta Mobility Ropes In New CTO

Sathe has a work experience of more than 28 years in the technology domain. Previously, he was at brands such as Bajaj Capital, Edelweiss and recently as CTO at MCX

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Battery, E-waste, Plastic To Be A $20Bn Market: Avendus Capital Report

The entire amount of e-waste generated globally is predicted to be 59 million MT in 2022, with just around 18 per cent recycled

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Byju's Loan Repayment: Investors Set Deadline For $40mn Loan

The loan, which hit a record low of 64.5 cents on the dollar in September, is now trading at roughly 78 cents. The company missed deadlines for filing financial statements for the fiscal year ending March 31, being raided by ED

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Snack Brand TagZ Ropes In Cricketer Shikhar Dhawan As Investor, Ambassador

TagZ Foods, claims that it utilises cutting-edge food technology to make popped potato chips that have 50 per cent less fat and no cholesterol, no transfat, no artificial colors, or preservatives

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Auditor Deloitte Surfaces Sourcing From Inappropriately Approved Vendors At BharatPe

The report also highlighted that the firm did not have adequate controls over period and adjustments including related presentation and disclosure

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Walmart's Stake In Digital Payments Platform PhonePe Drops To 85%

Walmart also contributed USD 200 million to the fintech's current investment in March. The funds are being raised at a USD 12 billion pre-money valuation

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Looking To Venture Into Web3, Wellness, Healthcare Space: Fireside's Vinay Singh

There is a component of consumption which is going to be virtual, and it will account for a fair share of expenditure, says Singh

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Zume Pizza Shuts Down After Bagging Millions

It bagged about USD 450 million from SoftBank Group's Vision Fund and others. It has retained Sherwood Partners, a restructuring firm, to assist it in shutting down

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KKR Moves India MD To Singapore To Lead Singapore Asia PE Division

Kumar's move comes after KKR has recently strengthened its Indian leadership. In 2020, it hired Gaurav Trehan from TPG Inc to oversee its Indian operations

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Hitachi Payments Partners With Plug and Play, Launches Digital Payments Innovation Hub

The partnership intends to provide startups the capital, integration with the Hitachi Payments’ stack, access to extensive customer network and platform to launch and scale up

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