SANKAR BORA

Unacademy's Hemesh Singh on Saturday stepped down as CTO of the company, moving to an advisory role. This is one of the many top-deck changes reported in startups over the past year. Here's a look at some of the key changes announced by startups in ...

At Third Wave Coffee, founder Sushant Goel transitioned to a board role after former KFC India head Rajat Luthra was roped in as chief executive, effective April 1. "The journey of starting up and getting the company at a certain scale is very diffe...

On Friday, the 30-stock benchmark index BSE Sensex ended at a fresh all-time high of 72,568 points. In the broader buoyancy of the stock markets, shares of new-age companies Zomato, Nykaa, Honasa Consumer, Paytm, Delhivery and PB Fintech also rose t...

Happy Friday! Banks are pushing the pedal on their cobranded credit card strategy as they gain traction through large consumer facing internet companies. This and more in today’s ETtech Morning Dispatch

The appointment coincides with another Dealshare founder Sourjyendu leaving the company. Two other founders of the etailer, Vineet Rao and Sankar Bora, had quit the company in November last year.

The third-quarter IT earnings for FY24 began on a weak note as TCS posted a low single-digit rise in net profit while Infosys saw its profit fall 7%. This and more in today’s ETtech Top 5.

Startups like Dunzo and Dealshare have seen their cofounders leave, while top executives like Byju's chief technology officer Anil Goel, chief business officer Prathyusha Agarwal, and Flipkart head of new business Adarsh Menon are among the top “fre...

Tata Electronics, which recently acquired an iPhone assembly plant in Kolar, from Taiwan’s Wistron, aims to double the size of its iPhone-casing unit in Tamil Nadu’s Hosur. This and more in today’s ETtech Morning Dispatch.

“There is a review going on since Rao stepped down as the CEO. Singh and Medda are the two candidates from the existing management. But the (proceedings) are being run by (a) third-party firm to follow due process,” a person briefed on the matter sa...

The entire tech world was glued to the drama as we followed the events unfold on Elon Musk’s X ( formerly Twitter). Props to the US tech press, which covered every aspect of this story, non-stop.

While Rao “stepped down” from his role of chief executive in July and was supposed to work with the board for hiring a new CEO, he has now left Dealshare even as the company has yet to name his successor, several people aware of the matter said. Bor...

In a strategic shift, Amazon India is seeking a new joint venture partner for its leading seller, Appario Retail, to ensure its operations continue uninterrupted. This and more in today’s ETtech Morning Dispatch.

Ecommerce platform Dealshare has sacked 130 employees and shut down its business-to-business vertical, just over a month after Vineet Rao stepped down as chief executive.

The government is revving up in a big way to achieve India’s startup ambitions. A detailed plan is in the works to energise the ecosystem and remove all impediments to investment in the sector, we’re told. This and more in today’s ETtech Morning Dis...

Sachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. Now, 16 years after starting the ecommerce company, Binny, too, has sold all his Flipkart shares to the US reta...

The company said Rao would “work with the Board to help identify the right CEO to lead this mission. He will also continue to work with and advise the board in respect to the new leadership.”

According to sources aware of the matter, the company has seen a drop of over 30% in its annualised gross merchandise value (GMV) run rate at around $600 million.

Kamaldeep Singh will head the company's online and offline business and will report to Vineet Rao, cofounder and chief executive of Dealshare, the company said.

DealShare is now valued at over $1.7 billion.