Aryan Sharma

Sunil J. Singhi is currently the Chairman of the National Traders’ Welfare Board. Over the years, he has played key roles in various government and community initiatives.

DeHaat cofounder and CEO Shashank Kumar shared that the startup generated ₹3,000 crore in revenue in FY25 and is currently operating at an annual revenue run rate (ARR) of ₹4,000 crore.

Vargab Bakshi will lead global expansion, marketing, partnerships and product-led growth across GoKwik’s software suite, including apps on Shopify and other platforms.

Astra co-founder and CEO Supreet Hegde shared the news on LinkedIn, hinting at internal disagreements with fellow co-founder Ranjan Rajagopalan.

The layoffs have heavily affected Krutrim’s linguistics team, which was recently hired. The team earlier had around 600 members, according to the report.

At its annual general meeting held on Saturday, shareholders agreed to raise ₹2,150 crore (around $250 million) through the IPO. Sources familiar with the matter said the total issue size could go up to $1 billion.

The company said it is retraining and moving staff to new roles as it expands into new markets, adopts new technology, and uses AI. However, around 12,200 jobs will still be cut as part of this process.

Along with this, 26 websites and 14 mobile apps were also blocked — nine on the Google Play Store and five on the Apple App Store.

Despite raising about Rs 5 crore from investors such as Antler India, Blume Ventures, Catalyst Fund and angel investors, the startup couldn't scale and is now shutting down.

According to SEBI’s latest update, PhysicsWallah received the regulator’s go-ahead for its IPO on July 18. In SEBI terms, this means the IPO is approved.