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FINTECH RESTRUCTURING
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
Three mortgages, zero salaries: What do families do when everyone loses their job together? Viral layoff story reveals fear, debt, and survival panicA shocking rise in family financial crisis after layoffs is emerging as global job cuts accelerate across tech, fintech, and aviation secto...
Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
Delhivery elevates six executives to C-suite roles amid expansion pushLogistics firm Delhivery has promoted six senior executives to C-suite positions. These appointments support the company's expansion across...
Neobank Fi Money’s cofounder Sumit Gwalani steps down after six yearsFi Money cofounder Sumit Gwalani has exited the startup. This follows the shutdown of Fi Money's banking service in March. The company is s...
Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Dream Sports launches stockbroking platform DreamStreet, targets first-time investorsDream Sports has launched DreamStreet, a new stockbroking platform designed to simplify investing for Indian retail investors, especially n...
Tata Digital CEO on company's reset; Groww doubles net profit in Q4Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This an...
Meta targets May 20 for first wave of layoffs; additional cuts later in 2026The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.
Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
H-1B selection rate rises; VC IPO windfall in 2025There is a notable rise in H-1B selection rates, even as the number of petitions decreases. This and more in today’s ETtech Top 5.
Bajaj Finserv's AI push; Govt's UPI fixBajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.
Neobank Fi Money shuts down banking servicesThe neobanking startup, which is backed by Peak XV Partners and Alpha Wave Capital, was offering banking services in partnership with Keral...
Paytm shares soar over 8% after laying off employees as part of group restructuringPaytm has been facing regulatory trouble after the RBI barred Paytm Payments Bank Ltd from accepting more deposits from February 29, owing ...
Fintech startup Fam undergoes second restructuring in a yearOn Wednesday, the company laid off another 18 employees across growth, engineering, product and design functions, cofounder Sambhav Jain sa...
China's Ant Group increases registered capital by 47% to $5.4 billionAnt, an affiliate of e-commerce leader Alibaba Group Holding Ltd, said the increase was to support growth and was "according to relevant re...
Jack Ma to step down as president of his B-school: ReportThe Financial Times report cited sources saying that Hupan University — an elite academy for Chinese business executives established in Ma’...
Global investors value China's Ant Group at over $200 billion: ReportThe number is at least a third above Ant's valuation after its last fundraising in 2018 when it emerged as the world's most valuable unlist...