Coinbase’s Brief Entry into the Indian Crypto Market A UPI Rollercoaster Ride In April 2022, Coinbase, one of the world’s leading cryptocurrency exchanges, made a highly anticipated entry into the Indian crypto market, offering users the option to buy cryptocurrencies using the Unified Payments Interface (UPI). However, the excitement was short-lived as Coinbase swiftly shut …
Former Google Executive Kiran Mani to Lead JioCinema as CEO Aiming for Streaming Excellence In a significant development for India’s rapidly growing streaming industry, Kiran Mani, a former Google executive, is poised to assume the role of CEO at JioCinema, the streaming service owned by Reliance Industries. Mani’s appointment signals Reliance’s strategic intent to bolster …
Leadership Shake-Up at PayU CFO Moondhra and Global CEO Le Moal Step Down In a significant leadership reshuffle at PayU, Chief Financial Officer (CFO) Moondhra, a veteran who joined the company in 2015 after 13 years at V-Mart, is stepping down. This announcement comes on the heels of PayU’s global CEO, Laurent Le Moal, also …
Get Ready for a Shopping Extravaganza Meesho’s Mega Blockbuster Sale Kicks Off on October 6 The Indian e-commerce scene is gearing up for an exciting and action-packed festive season as Meesho announces the launch of its much-anticipated Mega Blockbuster Sale starting on October 6. This announcement comes just ahead of the festive season sales from …
Layoffs in Indian Startups Navigating Challenges Amidst Funding Pressures The Indian startup ecosystem, once marked by rapid growth and innovation, has been navigating a challenging landscape since 2022, with over 30,000 layoffs reported across various companies. These layoffs have been driven by cost-cutting measures and a heightened focus on achieving profitability goals. In 2023, the …