Lokesh Choudhary

1 week ago | inc42.com | Lokesh Choudhary

SUMMARY While Gupshup laid off nearly 200 employees earlier this month, it fired about 300 employees in December 2024 Most of the impacted employees were from the five companies acquired by Gupshup between 2021 and 2022 Without disclosing the number of employees impacted by the layoffs, Gupshup said that the exercise was aimed at improving efficiency and profitability Conversational AI unicorn Gupshup laid off around 200 employees in a restructuring exercise earlier this month, sources told...

1 week ago | inc42.com | Lokesh Choudhary

SUMMARY NPCI, which manages UPI, reportedly met with major banks and UPI apps today to discuss recent outages in the system NPCI reportedly urged banks and third-party app providers to be cautious when commenting publicly on the outages NPCI has shared details of the March 26 outage with partner banks but has not made the report public The officials of the National Payments Corporation of India (NPCI), which manages the Unified Payments Interface (UPI), reportedly met with major banks and UPI...

1 week ago | inc42.com | Lokesh Choudhary

SUMMARY Cashfree Payments has appointed Piyush Anchliya as its new chief financial officer (CFO) Cashfree said that Anchliya will take over from outgoing CFO Vikas Guru, who joined the startup in 2021 Anchliya brings with him over 15 years of experience across investment banking, corporate strategy, and M&A Fintech soonicorn Cashfree Payments has appointed Piyush Anchliya as its new chief financial officer (CFO). Anchliya will lead the startup’s financial strategy and operations, supporting...

1 week ago | htsyndication.com | Lokesh Choudhary

India, April 15 -- Fintech soonicorn Cashfree Payments has appointed Piyush Anchliya as its new chief financial officer (CFO). Anchliya will lead the startup's financial strategy and operations, supporting its next phase of growth. In a statement, Cashfree said that Anchliya will take over from outgoing CFO Vikas Guru, who joined the startup in 2021. Anchliya brings with him over 15 years of experience across investment banking, corporate strategy, and M&A.

1 week ago | inc42.com | Lokesh Choudhary

SUMMARY The state government is considering offering a purchase subsidy of up to INR 30,000 for buying two-wheeler EVs under its upcoming Electric Vehicle Policy 2.0 The proposal, which is still under government consideration, proposes an incentive of INR 10,000 per kWh (up to INR 30,000) on two-wheeler EVs for all buyers The report also said that the first 10,000 women holding a valid driving licence will be eligible for subsidy calculated at INR 12,000 per kWh and capped at INR 36,000 In an...