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STARTUP EMPLOYEE FRAUD
Kiwi targets Rs 5,000 crore premium book with AI-led insurance modelA new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- Grok falls flat in Washington, undercutting SpaceX's AI growth storySpaceX's AI chatbot Grok faces significant challenges gaining traction within the U.S. government. Federal agencies show a strong preferenc...
- Anthropic warns investors to avoid certain secondary market sellersAnthropic has identified eight secondary marketplaces as unauthorised sellers of its shares, warning investors that such purchases will not...
- Anthropic PBC warns investors of illegal trade in its sharesAI firm Anthropic has identified eight firms selling its shares without authorization. The company is warning investors that these share pu...
- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
- Gameskraft Arrests: All you need to know about the alleged Rs 1,000-crore betting scamThe Enforcement Directorate has arrested three founders of Gameskraft Technologies, including Deepak and Prithvi Raj Singh, and Vikas Tanej...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- One of Iran's most powerful families founded its largest crypto exchange. It's used by the IRGC to move millionsIran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...
- 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.
- Startup shock: Employee quits in a week, after scamming shoes worth Rs 2 lakh from sneaker brandGully Labs, a Delhi-based sneaker startup, experienced significant financial losses when a new employee allegedly exploited internal system...
- Former FTX executives team up to launch new crypto exchangeEx-FTX general counsel Can Sun and other former company executives are reportedly aiming to solve the problems that doomed their previous e...
- Startups and their new normal: Funding crunch, disgruntled employees and allegations of fraudWith the global liquidity situation changing, institutional investors were no longer interested in waiting patiently for startups to go hyb...
- End of faking it for startups in Silicon ValleyInvestors are no longer buying startup world’s habit of playing fast and loose with the truth
- The end of faking it in the Silicon ValleyNot only has funding dried up for cash-burning startups over the past year, but now, fraud is also in the air, as investors scrutinise star...
- Newrl launches blockchain-based tokenized equity solutions for unlisted companiesThe platform will enable tokenization of equity to issue ESOPs, raise funds and improve governance through smart contracts, making startup ...
- 3 Indian-origin ex-executives of health tech startup charged in $1 billion fraud scheme in USAccording to the Justice Department, from 2011 to 2017, the former executives and employees of Outcome sold tens of millions of dollars of ...
- Razorpay buys fraud analytics firm ThirdwatchThirdwatch will operate as a subsidiary of Razorpay working out of their Bengaluru office.
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