News Update

Swiggy, a quick commerce and food delivery company, has announced that M Sridhar, Company Secretary and Compliance Officer (Key Managerial Personnel), has resigned for personal reasons.

ShareChat, an Indian social media company, has opened its first AI Centre of Excellence in Southeast Asia, located in Singapore. This is its third office outside India, after the US and UK.

Bengaluru-based cloud kitchen startup Curefoods has made a strategic investment in Dras Ice, a company that provides pure, contaminant-free packaged ice.

Paytm's fully-owned subsidiary, Paytm Payments Services Limited, has announced that Nakul Jain has resigned as Managing Director and CEO.

Raise Financial Services, a fintech startup has bought Filter Coffee, a modern financial media company known for its business and financial news.

In a surprising announcement on Monday, Zoho's Sridhar Vembu revealed he has stepped down as CEO. Co-founder Shailesh Kumar Davey is now the new group CEO. 

Sridhar Vembu, the founder of Zoho Corp, has stepped down as CEO of the software company. Vembu has appointed the company’s co-founder, Shailesh Kumar Davey as the new CEO.

Ambulance service provider Red Health, formerly known as StanPlus, has acquired a majority stake in Chennai-based TACT Academy for Clinical Training. 

Third-party logistics company Shadowfax has acquired CriticaLog, a premium logistics firm, for an undisclosed amount, according to a statement from the company.

Apple has begun talks with Bharat Forge to make the Kalyani Group company one of its suppliers in India, according to sources. If this happens, Bharat Forge will help produce parts, including mechanical components for Apple.