SHREYANS DAGA
MyGate rejigs senior leadership, elevates Abhishek Kumar as CEO
MyGate appoints Abhishek Kumar as CEO, Vijay Arisetty as chairman. Shreyans Daga's role expands, and Rohit Jindal becomes chief business officer. Sanjay Swamy praises the team's growth potential.
Byju’s fires 500 employees; India Inc and influencer marketing
Troubled edtech Byju’s has fired nearly 500 staffers amid a severe cash crunch. More details on this in today’s ETtech Top 5.
Community management app MyGate unveils Esop buyback
MyGate is offering employees across roles and business verticals who have worked for more than four years the opportunity to cash out 20% of their vested shares. The Bengaluru-based company’s revenue from operations surged over 77% to Rs 71 crore in FY23, up from Rs 40 crore in FY22.
Casual gaming startup Giga Fun Studios raises $2.4 million funding
The startup, which plans to launch its first game in the second half of 2023, is aiming to build a portfolio of games that are culturally contextualised for Indian audiences.
Sebi penalises nine entities for manipulating Ruchi Soya stock prices
The order came after Sebi had conducted an investigation in the trade of securities and futures of Ruchi Soya during the last half hour of trading between 15:00 hours and 15:30 hours on September 27, 2012.
MyGate co-founder says his MacBook and iPhone are indispensable; is cautious about his screen time
Shreyans Daga feels Zoom made navigating through the pandemic simpler.
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MyGate makes key leadership hires
These key hires come as the company embarks on an aggressive expansion drive to grow to 15 million homes across 40 cities in the next 18 months.
MyGate gets $56 million from Tencent, Tiger Global, others
Prime Venture Partners and JS Capital Management join the round.
Betul oil-broker links under FMC, NCDEX scanner for violating trading limits, traders slapped with show-cause notices
A string of brokers, who executed the trades, have been slapped with show-cause notices by agri futures exchange NCDEX.
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