He will serve as the company’s brand ambassador for the next three years. Techno Paints and Chemicals, which has been in the domestic paints market for 25 years and currently operates in eight states.
This marks the second stake sale by the SoftBank-backed vehicle in less than a year. Between July 15 and September 2, 2025, SVF II OSTRICH sold 94,943,459 shares, reducing its stake in Ola Electric from 17.83% to 15.68%.
With the full licence, the Bengaluru-based payments firm said it will expand its products and extend services to more trade corridors. The PA-CB-I licence allows Skydo to process cross-border payments, mainly for inward transactions.
Jain, who was the global head of finance and CFO of Eternal’s B2B grocery supply unit, Hyperpure, had stepped down from the role in December 2024 to explore new opportunities.
The Tamil Nadu Deep-Tech Startup Policy 2025–26 aims to help innovators turn advanced research into scalable products. The policy has set aside ₹100 crore in funding and plans to support 100 startups.