In less than 10 to a $7.2 billion valuation, the story of Glean demonstrates how precise execution, the usage of AI, and the right leadership can scale startups to huge proportions. The path of Deedy Das is full of valuable lessons for founders who are trying to figure out how to grow and find product-market fit.

Glean’s Remarkable Growth Journey

Glean’s ascent from a team of just a few people to a valuation of $7.2 billion by 2025 is an amazing story of growth in the rapidly evolving AI and enterprise search space. The journey was led by Kolkata-born Debarghya ‘Deedy’ Das, a technologist who reimagined the product for the world to follow.

The company, which had a mission to revolutionize the way that organizations access and utilize their data, started with less than 10 employees. By the time Das turned to VC, the company had grown to more than 700 employees and was ranked among the top US enterprise AI startups with the highest growth rate.

Lesson 1: Build for Product-Market Fit Early

One Das’ most significant contribution at Glean was the leadership he gave in creating Glean Assistant, an AI-powered enterprise search tool. The founders chose not to solicit hype but to concentrate exclusively on solving one real pain point that was the waste of workers’ time when they needed to get internal information.

The biggest takeaway for founders: before you decide to grow your company, you need to concentrate on the value of the product and solving a real problem, with Glean’s grounding of its first product leading to rapid adoption as a startup.

Lesson 2: Scale With Systems, Not Just People

The transformation of the Glean team from 10 to over 700 employees serves as a good example of the need for organizational processes that are capable of adapting to the changes in the team. The startup was able to grow up without sacrificing the amount of their agility by the building of hiring, onboarding, and communication processes in place.

Das has been the main focus in talks and as an adviser when he said that it is not only about recruiting the right people for the talent pool but also making sure that culture and execution are deepened with every hire.

Lesson 3: Adopt AI as a Core Differentiator

Glean wedded AI deeply, not just as a feature, but as the very architecture of the product. This feature helped the company become highly competitive in the SaaS market and thereby easily attract large-scale enterprise customers.

For the founders, there is no ambiguity: AI cannot be just another add-on. If managed smartly, AI becomes the difference-maker that drives valuations as well as investor confidence.

Lesson 4: Stay Close to Customers

Glean’s executive team, including Das, were regularly onsite with their enterprise clients, which enabled them to constantly refine features and advance usability. While the product was very strong technically, it also fit the customer’s everyday work seamlessly through this customer-centric approach.

Rapidly growing startups often fail to see this aspect. Customer obsession is at the heart of Glean’s upward trend.

The Valuation Milestone

By June 2025, Glean’s valuation had jumped from $2.2 billion during Das’ tenure to $7.2 billion. The decision of enterprises to adopt AI and Glean’s solid standing in the knowledge management market were the main drivers of this trajectory.

Although the valuation grabbed the limelight all around the globe, the real story telling is about the systems and the strategy that made this possible—a narrative for any startup founder willing to scale in the AI era.

Lessons Founders Can Take Away

• Find Real Problems to Solve Include product-market fit before scaling.

• Establishing Systems That Can Scale Over Time, the human touch will always mean a lot but it is the systems that allow for the smooth and continuous growth of a company that make the difference.

• Integrate AI Thoroughly Let AI be the main differentiator of your company, not just one of your products.

• Keep to a Customer-Centric Approach Your user’s needs should always be the anchor that holds down your growth plan.

From Glean to Menlo Ventures

Now, Deedy Das incorporates these teachings as a partner of Menlo Ventures, one of the leading venture firms in Silicon Valley. His knowledge of Glean’s expansion informs his AI and SaaS startup investing strategy, thus he is of great assistance to founders in the same manner as when he was the one facing these challenges.

His playbook is not simply theory to which entrepreneurs may refer, but it is actively put to the test in the process of building one of the most valuable AI-based enterprise startups in the USA.

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Whirlpool, an American appliance giant, is being pressured more and more by competitors who are likely to use the tactic of stockpiling imports to avoid tariffs. The move has led to increased competition, lesser profits, and a query as to how U.S. manufacturers can deal with the uncertainty of trade policy. 

Whirlpool Stockpiling Hits Hard

A new dynamic has been created in the United States appliance industry that the competitors are racing to stockpile goods ahead of the tariffs. At the epicenter of this tempest is Whirlpool, a company that has always been regarded as a fundamental part of American production but now is dealing with the decrease in profits as its competitors take advantage of the loopholes in the trade policies to gain more profits.

Whirlpool Stockpiling: A Competitive Blow

In the report of its second quarter, Whirlpool let the stockpiling strategy kill the company by showing how this has become very destructive. In order to be able to supply the market with the goods before tariffs are introduced, competitors overstocked shipments of Asian goods to the US, thus the appliances were in excess. This operation not only disrupted market supply but also diminished Whirlpool’s ability to set prices and compelling the company to face the lower-priced goods which had flooded into the market.

The Chief Executive Officer Marc Bitzer said the effects were what they had anticipated but expressed confidence in the long-term advantages of tariffs.

However, currently, Whirlpool bears the burden of the activities of the rivals who stockpile in an aggressive manner.

Weak Earnings Emphasize Tariff Pressure

The financial results of Whirlpool depicted a challenging scene. Adjusted profit was halved to $1.34 a share, down from $2.39 a share in the same quarter of the previous year. According to the survey conducted by FactSet, the analysts predicted that the firm would do better with a profit of $1.68 a share, thus there was a large discrepancy between the predictions and the actual results.

The sales volume also fell short of the target, sliding 5% to $3.77 billion compared to the average forecast of $3.85 billion. The weak results show how the market distortions caused by tariffs, combined with the precariousness of consumer demand, are putting pressure on Whirlpool’s organization.

Also Read: Whirlpool Shines Bright with 50% Profit Surge and Dividend Boost

Dividend Cut Highlights Financial Strain

One significant move was perhaps Whirlpool's cutting its dividend in half. The shareholders are expected to get 90 cents per share, which is down a lot from the first and second quarters when it was $1.75. The decision is indicative of a company that is keen on using and saving cash in the current atmosphere of uncertainty and also re-establishing its balance sheet with confidence.

Guidance Reflects Uneasy Stability

For the year 2025, Whirlpool was rather conservative in its expectations – sales were expected to remain the same at $15.8 billion as in April, and adjusted earnings per share were projected to be between $6 and $8. The range signifies the caution exercised by the management, marking a clear difference from the forecast in April of about $10 a share.

The prediction of sales of $15.6 billion and EPS of $8.96 by the Analysts are the numbers that both characterize the difficulties that whirling faces as well as the broader doubt in the U.S. trade and consumer sectors.

Trade Policy Uncertainty

The trade background is still uncertain. The Trump administration has hinted at new possible trade agreements following its deal with the EU, while the talks with China are still going on. Every change in policy for Whirlpool can mean either a step forward or more trouble as tariffs influence both the behavior of competitors and the prices consumers pay.

Moreover, the rival’s stockpiling is a strategy for a short time, but the consequences of it are long-lasting. It reveals the vulnerabilities of U.S. manufacturers when global supply chains and trade timelines can be altered to gain market share. The experience of Whirlpool is an example that shows how tightly policy and market realities are linked.

Investor Impact

The stock price of Whirlpool has fallen by more than 14% this year, while the S&P 500 has risen by 9% during the same period, thus the performance of the former is clearly inferior to that of the latter. The drop is made up of worries among investors which include the volatility of earnings, competitive headwinds, and the risk of tariff uncertainty extending over a long period.

However, management is not giving up. Bitzer and Peters convey that Whirlpool’s concentration on cost efficiency, local production, and balance sheet robustness will enable it to survive the coming troubled times. Whether investors concur with that is dependent upon the outcome of trade talks and if the rival’s stockpiling advantage is coming to an end or not.

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Marc Benioff sells shares of Salesforce worth $543,377 in the US, while exercising options, thus highlighting insider trading trends and company performance.

Benioff Offloads $543K Worth of Salesforce Shares

Marc Benioff, the CEO of Salesforce, disposed of 1,922 shares worth about $543,377, which was the most eye-catching event of the Salesforce stock sale 2025 in the US. Prom September 4, 2025, the offloading was done with the prices varying from $236.049 to $244.3784. 

In a similar vein, Benioff went ahead and bought 2250 shares by the use of stock options at a price of $161.50 per share. The total worth of shares was $363,375. After these transactions, Benioff owns shares of Salesforce which amount directly to 11.9 million and through his fund and trusts he controls 10 million shares.

Strong Financial Health Supports Salesforce Stock Sale 

Even though insiders sell some shares, the official website of Salesforce, however, points to the financial solidity of the company. With a market value of $238 billion and a margin of 78%, the company is still a very profitable one.

According to the source InvestingPro, Salesforce is carrying a Piotroski score of 9, which reflects very strong financial health. The price of shares is around 250.76 USD and the estimates of analysts propose that the stock is still slightly undervalued if compared to the fair value.

Growth in AI and Data Cloud

Salesforce stock sale is, as we can see, the company’s announcement of solid results. Over $1.2 billion of annual recurring revenue from AI and Data Cloud products meant growth of 120% year over year in Q2 2025.

While the company’s revenue momentum remains strong, Salesforce has kept its forecast for FY2026 subscription revenue at approximately 9% with constant currency.

Analyst Views on Salesforce Stock

The reactions of market analysts to the report about the earnings and stock sale of Salesforce were very diverse:

• RBC Capital: exercising caution, the target price was lowered to $250
• Piper Sandler: the target was set at $315 with a flag raised for the currency.
• TD Cowen: maintained a buy rating with a target of $335.
• CFRA: although dropping the target to $300, the strong buy rating was retained.
• BNP Paribas Exane: Outperform was confirmed with Agentforce cited as the main reason for growth.

Thus, we can conclude that despite the presence of several headwinds in the global economy, the likes of analysts remain positive towards the growth of Salesforce.

Also Read: Salesforce Starts Layoffs Amid AI-Led Restructuring

Why the Salesforce Stock Sale Matters

IoT Marc Benioff’s Salesforce stock sale 2025 is vital for three main reasons:

1. It is the signal of insider activity which closely resembles investors.
2. Differs from the narrative of the company’s dominant fundamentals in the AI and CRM sectors, as the stock sale does not weaken the latter.
3. Insights into the levels of both confidence and liquidity are what is now available to the investors.

Just like many other insider sales that take place in the stock market, this one may be a completely routine transaction and is not necessarily a reflection of negative sentiment. 

Outlook for Salesforce Investors

Salesforce is continuing to invest in AI, cloud, and customer data services. The world is excited about the release of the Data Cloud line and the AI platform for sales, namely Agentforce.

Such a stock sale by its CEO should be viewed by the investors not only in the U.S. but also globally as a strategy for liquidity rather than as a warning signal. The fundamentals of the company remain strong and this is why Salesforce is a leader in the software market for enterprises.

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Salesforce and Oracle declare the dismissal of employees worldwide as their change to AI-driven processes, which is a trend that the automation of the technology sector in general has a significant influence.

Salesforce Layoffs 2025: AI and Cloud Resulting in Job Cuts

Apart from the United States and India, the announcement of the reduction of the workforce is the latest news in the cities where the company confirms that about 4000 support roles have been terminated. After Oracle recently downsized more than 3000 employees worldwide, these layoffs signify a growing pattern of the tech industry: the implementation of AI and cloud computing changes the job market even if these companies regularly show good revenue growth.

Key Numbers: Salesforce Layoffs 2025

The changes in staffing at Salesforce mainly concern customer support, with the innovative AI Agentforce program currently taking up almost half the customer interactions. The local notifications of job cuts in San Francisco and Washington State indicate that more than 350 people have been made redundant in those two regions alone. CEO Marc Benioff pointed out that money saved from traditional products will go towards artificial intelligence and data-driven products to keep up with the trend.

Regarding the scale back at Oracle, companies like the US, India, Canada, the Philippines, and Europe are all across from where the firm is making the cut. The layoffs are happening in cloud, enterprise software, and corporate sections, showing just one part of the company’s exit from a different restructuring strategy. 

Also Read: GoKwik Goes Global: $13M Fuel for International Takeoff

Why Salesforce Layoffs Are Rising

The experts emphasize some reasons behind the increase of the number of employees being laid off by Salesforce:

• AI Integration: Automation platforms like Agentforce drastically change the human to machine interaction and thus reduce the number of the human roles required to be carried out.

• Cloud Transition: The decision of firms to go for cloud means the recruitment for the cloud infrastructure is on rather than the one that is the cloud.

• Pandemic Expansion Correction: Companies that took the risk of scaling during the pandemic now are reining back through streamlining activities for efficiency.

Besides a strong financial position—Salesforce announced 10% revenue growth from the last quarter—the lack of vivid future guidelines is rather a call for caution when it comes to the rapidity of AI-related business idea monetization. The same pattern was observed in Oracle’s case, granting an 8% revenue increase, but nevertheless, going on with the staff reductions to align with the company’s new priorities.

Regional Impact: US and India

Multiple US states have been affected by the Salesforce layoffs with California and Washington ranking the highest in terms of the number of cuts. The shock waves caused by Oracle's worldwide job cuts have spread to the Indian engineering and software support sectors. Experts believe that considering India as the primary center of the tech industry's skilled workforce exportation, the country will face broader employment changes along the route to AI efficiency.

Not all the employees impacted reacted the same way. Some Oracle employees reported feeling very surprised by the extent of the reduction, and in particular, for the teams, they had known to have been growing. On the other hand, the employees at Salesforce said that the automation that comes with AI being adopted rapidly was a cause for their worry, although the management is trying to pull off the redeployment of staff in most of professional services and sales sectors.

Broader Tech Trends Driving Layoffs

The surge in Salesforce layoffs 2025 is part of a larger pattern across the technology sector:

• Microsoft has eliminated over 15,000 positions since May; however, they have put a lot of money into the AI infrastructure.

• Amazon, T-Mobile, and other tech giants have announced multiple rounds of layoffs throughout 2025.

• Besides that, the experts believe that companies will continue to reassign employees to different positions in a selective manner and rely on AI for hiring decisions.

According to the financial experts, automation will be beneficial in terms of efficiency and cost reduction, but it is the mix of human and AI that will keep employee morale and investor trust at a good level.

Financial Implications

Investors are more likely to interpret the Salesforce layoffs as a move in the strategy rather than a reflection of cash flow problems. The money saved is going to be reinvested in AI and cloud solutions which will make the company more profitable in the long run, but there will be a pay-off in the form of severance and workforce adjustments in the short term. Oracle’s strategy going in the same direction demonstrates that the problem of achieving operational efficiency rather than taking a hit from the rapid digital transformation is the one global enterprise tech firms are prioritizing.

Among one of the most significant layoffs that have happened recently. The wave of Salesforce layoffs demonstrates a fundamental shift in tech employment. AI and cloud technologies are redefining roles once considered core, and companies are recalibrating workforce structures to stay competitive. In such a case, as these two corporations set the pace, the employees, the investors as well as the regulators, will be closely examining how the industry will manage the trade-off between automation and the human factor.

Read the full article here: Salesforce Starts Layoffs Amid AI-Led Restructuring — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Following the GST restructuring, Hyundai Motor India Limited has announced a big drop in car prices, offering savings of up to ₹2.4 lakh across models. The move, with immediate effect, is in line with the demand for the festive season and goes a step further in making it easier for the customers to shop for.

About Hyundai Motor India Limited

Hyundai Motor India Limited (HMIL), with its base in Gurugram, Haryana, is the second-largest manufacturer of passenger cars in India, and is among the top exporters of passenger vehicles in the country. It is a Hyundai Motor Company, South Korea, wholly owned subsidiary. The company is running a modern manufacturing plant in Tamil Nadu with a total capacity of over 750,000 units per year.

Having a comprehensive product range covering hatchbacks, sedans, and SUVs, Hyundai is chosen for its innovation, safety, and customer-friendly mobility solutions. The company, as well, is an essential player in India’s export markets and ships to more than 85 countries in Africa, Asia-Pacific, and the Middle East.

Hyundai GST Price Cut Announced Across Passenger Vehicles

Hyundai GST price cut is a historic move and was officially presented on September 22, 2025. The company agreed to allow the customers to get the full benefits of the reduced GST rates, which implies that the prices of all passenger vehicle portfolios will come down.

Pricings have been reduced from this moment on, across a series of popular models, for example, the Grand i10 Nios, Venue, Creta, Verna, Tucson, and Alcazar. The amount of money saved by buyers varies from ₹60,640 to ₹2,40,303 subject to the model and variant.

This event happens just before the Indian festive season, the time when the demand for cars generally goes up. It is anticipated that the revision of prices will energize retail sales and put Hyundai in a strong position in a very competitive passenger car market.

Also Read: GST 2.0 Impact on Businesses: Key Reforms & Benefits

GST Reform and Its Impact on Automobiles

The GST restructuring declared earlier this month has resulted in significant changes in how cars will be taxed:

• Small Cars (length <4 meters, engines up to 1,200cc petrol / 1,500cc diesel): The GST rate has been cut down from 28% to 18%.

• Larger Cars & SUVs (length >4 meters, engines above 1.2L petrol / 1.5L diesel): The GST has been set at 40% only but the additional cess that was there before has been removed.

Hyundai decides to make its car cheaper by most of the amount of the tax showing directly that the customer is the one who wins because the tax policy is reformed by the government.

Hyundai Model-Wise Price Reduction

Below is the detailed comparison of Hyundai&#039;s prices before and after the GST cuts (effective September 22, 2025):

The largest decrease in price will be with the Tucson SUV which is now over ₹2.4 lakh cheaper offering a very big value proposition in the premium SUV sector.

Hyundai’s Market Strategy and Festive Boost

With the GST price reduction for Hyundai, the automobile manufacturer is choosing the option that will provide it a larger market share by leveraging the positive consumer mood during the festival and wedding season. The expected result of Hyundai&#039;s budget cut is:

• Enliven demand in the small car and compact SUV sections, which presently are the most sold passenger vehicle types in India.

• Push up the popularity of its already luxurious products such as Tucson and Alcazar by attracting the consumers through the money saved.

• Stick to a governmental plan that under the “Viksit Bharat” concept will witness the growth of the mobility sector being not only easier but even more affordable than before.

In Hyundai’s Managing Director’s words, the decision is not just taking into account the affordability factor but also the vitality of the Indian automotive industry, the execution of the consumption plan, and customer trust enhancement.

Hyundai GST Price Cut: What Impact Does It Have on the End Users?

There are several positives for car buyers related to this piece of news:

• Reduced First Costs – New buyers can now get into the market at a much lower cost, especially if they are targeting the small car segment.

• Different and Better Options – Those who used to drive middle-class cars may purchase a SUV with the assistance of the new price policy and the extended used car market idea.

• Luxury-Class Savings – People aiming at the most expensive models like Tucson get the biggest financial savings that make high-end mobility accessible to most.

Time is the factor that makes Clients who are Waiting to Buy at the Proper Time during the Festival Period, theDirect Beneficiaries of the Hyundai GST Price Cut.

Industry View

The car sector has been asking for fairer GST rates for a long time. The tax changes made by the government have such a mechanism where cutting of the GST for small cars and keeping it stable for the rest lead to:

• Less complex tax legislation for car manufacturers.

• More transparent pricing for the customers as taxes are lowered.

• This is not a step by the government to simplify the options for personal mobility only but also to breach the gate for people living in both cities and farthest villages to choose it in the future.

Also Read: GST 2.0 Car Prices Dips: Small Cars, Hybrids & EVs Get Cheaper

By approving the Hyundai decision to deliver these benefits directly to the consumers, their customer-friendly image is strengthened in the market.

Professional Summing-Up

The Hyndai GST price cut in 2025 is a Hyndai company off the hook at the moment. With these government reforms and large savings across the board, Hyundai Motor India not only reaps consumer trust but also becomes a player for long-term growth.

The desire that festival events create, will definitely be the reason for Hyundai warm and heartfelt reception in India, mainly in the small car and SUV segments, where it can keep consolidating its position as one of the most trusted by the customers automotive manufacturers.

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As a new CEO, Harshavardhan Chitale takes the helm of Hero MotoCorp. Essentially it is a step that is totally transformational of the leadership. Thus, by deploying his abundant global experience, Chitale is to open up new avenues for growth, embed the culture of innovation further, and take Hero MotoCorp to a new level of contests with eco-friendly mobility solutions and sustainability.

About Hero MotoCorp

With its main office in New Delhi, Hero MotoCorp Ltd is a two-wheeler manufacturer that tops the world charts. The Company’s Products cater to both domestic and international markets. Hero MotoCorp has achieved the majority of its brand presence through consistent innovation, keeping customers as the center of their universe, and employing eco-friendly mobility solutions.

Hero MotoCorp Appoints New CEO to Drive Global Growth

A new CEO, Harshavardhan Chitale is chosen by Hero MotoCorp so as to make a major change in the direction of the strategy and envisioning of the leadership. Formerly, Vikram Kasbekar passionately and competently governed the Acting CEO’s office during his mandate period. Kasbekar will henceforth retain the post of Executive Director and Chief Technology Officer (CTO) that will allow him to uphold the transition that is technology-driven while handing over to Chitale the leadership role.

Implicit in this switch is the notion that the company intends to maintain such actions as global competition, operational efficiency, and electrification transition to their fullest extent.

Leadership Journey of Harshavardhan Chitale

The history of Harshavardhan Chitale’s corporate positions is simply outstanding as it talks about high-ranking positions he held at Philips Lighting India, Signify, HCL Infosystems, and Honeywell Automation.

• Being the Global CEO of Signify’s €4 billion Professional Business, he had global responsibility for 12,000 employees spanning 70 countries, together with all the functions like production, distribution, product development, and digital transformation kept under his strict attention.

• While in the capacity of Vice Chairman & Managing Director, Philips Lighting India, Chitale took stewardship of the company’s privatization and reconstructed its business model to ensure sustainability of the company for the long term.

• He was also involved in making important decisions in HCL Infosystems and Honeywell Automation India that resulted in a very good performance of earnings and stock market.

After all, Chitale’s wide-ranging international experience places him squarely as one of the leaders who can bring out the next phase of Hero MotoCorp’s growth story, making it a reality.

Also Read: Tata Steel, Hero MotoCorp Drive Nifty 50 Gains with Strong Earnings Momentum

Strategic Importance of the CEO Appointment at Hero MotoCorp

Actually, the fact that a new CEO is to be appointed at Hero MotoCorp is far beyond a simple leadership change since it embodies the company’s strategy to take a new direction in a decisively significant way.

• The market for two-wheelers in India is fiercely competitive, where local and international companies strive to get the best share of the pie.

• Despite that, Hero MotoCorp is not only looking at foreign markets to expand its business, but it is also deeply committed to the scheme of electric vehicles (EVs), digital ecosystems, and the future of transport.

• The background of digital transformation and Chitale’s global vision for technology are well in line with Hero’s plan to go beyond convention and create a new chapter of their mobility leadership worldwide.

Also Read: Hero MotoCorp Speeds Ahead with 9% Stock Gain in Five Days

Hero MotoCorp Shares and Market Outlook

After the announcement of the incoming CEO, the stock market constantly watches Hero MotoCorp’s share prices and the related market behavior. Usually, changes in leadership influence market spirits. Thus, Chitale’s assignment is considered an indicator of a new strategy ahead.

Market experts think that Chitale’s international experience will, among others, help Hero MotoCorp achieve the following:

• Boost the use of electric vehicles in emerging markets.

• Revamp the use of digital tools in customer and dealer interactions.

• Rivals whether in India or abroad will have to face a tougher competition strategy.

If the company’s management successfully merges Chitale’s vision with its operational strengths, Hero MotoCorp could uncap a wealth of growth opportunities in electric mobility and connected vehicle spaces.

Professional Wrap-Up

Being upfront about it, the incident where CEO Harshavardhan Chitale is designated new CEO of Hero MotoCorp is undoubtedly heroic news for the big two-wheelers company in the whole globe. Having successfully guided international corporations through digital, structural, and market transformations, Chitale is the change agent for growth, innovation, and shareholder value creation. Having him onboard, Hero MotoCorp’s leap into the future will certainly be the future of sustainable mobility that is within the reach of India as well as the rest of the globe.

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The new chief executive officer of IndusInd Bank, Rajiv Anand, has revealed a plan for three years that aims at reducing risks, diversifying the bank’s loan book, and developing its digital capabilities. This decision is coming when the lender is seeking to regain investors’ confidence and stabilize growth after some governance-related worries.

IndusInd Bank’s Risk Reduction Plan Under New Leadership

IndusInd Bank Ltd. consisting of Mumbai, Maharashtra, is a significant player in the private sector banking industry of India. The bank was set up in 1994 and has been providing a diverse range of services that include retail banking, corporate lending, treasury operations, wealth management, and digital finance solutions. Supported by the Hinduja Group, the company has an established presence in the urban and rural markets serving millions of individual and institutional customers all over India.

New Leadership Takes Charge

As of July 2025, the new Chief Executive Officer of IndusInd Bank was Rajiv Anand who was the Deputy Managing Director of Axis Bank Ltd. Anand came to a rescue during the bank’s hard time when the former chief had resigned and accounting discrepancies that affected the investors’ trust had surfaced. 

The change of leadership brings a new hope for lenders based in Mumbai who encountered financial trouble earlier this year following the suspicions of the irregularities in derivatives and microfinance portfolios. It is at the stage of vast operational and financial restructuring that the bank, in which the Hinduja family is nearly a 16% shareholder, is now living through.

IndusInd Bank Risk Reduction Strategy

The new management put the risk reduction program of IndusInd Bank at the top of its agenda. Anand instructed the division heads to dig in their loan portfolios for the most vulnerable areas and put together some structured improvement plans. The strategy is based on three main areas:

• Loan Book Diversification– Red with exposure to specific sectors and the injection of small and medium loan facilities through the retail, corporate, and small-business loans sector.

• Deposit Mix Restructuring— By lessening the importance of large-ticket deposits and focusing on stable areas such as retail and granular deposits for the future development of the bank.

• Strengthening Digital Capabilities – To utilize modern technology infusion to simplify banking, increase regulatory checks, and widen customer base.

This plan mitigates financial soundness and reestablishes market trust, which, to a great extent, had been lost during recent quarters.

Financial Performance Snapshot

At the end of June 2025, IndusInd Bank reported:

• Loan Assets: ₹3.3 trillion, declined 4% year-on-year.

• Deposits: ₹3.97 trillion, slightly lower than the previous year.

• Gross Non-Performing Assets (NPAs): 3.64%, surpassing the 3.03% estimate made by analysts.

Underperformance mainly came from the neglect of governance measures and accounting scandals that were exposed earlier this year. Although faced with difficulties, IndusInd has green-lighted the option to raise additional capital of up to ₹30,000 crore, thus indicating its wish to consolidate its balance sheet.

Also Read: Everything You Need to Know About IndusInd Bank’s New CEO

Restoring Investor Confidence

The stock price of the bank has dropped by almost 20% in 2025, whereas the Nifty Bank Index has increased by approximately 6% during that time. The fall indicates that investors’ trust has been affected, Anand’s risk reduction plan aims to solve this problem.

Investor confidence is a critical factor for the bank’s growth. By affirming its governance, cutting risk, and concentrating on sustainable growth, IndusInd Bank aims at being a bank which is a financially solid institution in a changing Indian banking backdrop.

Operational Restructuring and Hiring Plans

Alongside financial risk management, Anand has emphasized operational reforms. His roadmap includes:

• Digital Transformation – Customer engagement is to be achieved by better functionalities in the web portal and state of the art customer support.

• Streamlining Processes –The internal control and compliance framework are being revamped to bring down possible errors to the minimum.

• Talent Expansion – The bank will be recruiting notwithstanding the restructuring, and that is a good indication of the long-term trust.

The bank is moving in this direction to get aligned with modern banking trends and therefore, become able to withstand the challenges that are there in the financial market.

Hinduja Group’s Continued Backing

The Hinduja family, who is still a major stockholder, has sent the message that they are fully supportive and committed to IndusInd Bank. By maintaining 15.71 percent of the bank, they are giving it not only a good period of time stability but also a strong governance framework.

Forward Outlook

IndusInd Bank’s departure under Rajiv Anand’s command will be a matter of interest and a series of questions from the whole financial sector, the stakeholders. Risk reduction, digital innovation, and capital strengthening are the main thrusts of activity that the bank is taking into its future decade of growth.

The changes that Indus bank is going to make will be very helpful for other banks as they are also facing the same kinds of problems in governance and investor expectations in general, as the Indian banking sector is changing.

Professional Closing Phrase

IndusInd Bank, with the courage of its convictions and the arrival of fresh thinking, has become an institution that will ensure a more resilient and future-ready banking model.

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In its Series B round, Seekho, an edtech startup, received $28 million, with Bessemer Venture Partners as the main investor. This new fund will speed up content innovation, AI-based solutions, and the growth of its vernacular learning ecosystem.

Seekho Technologies Pvt. Ltd. from Bengaluru, Karnataka, is a company that operates in the edtech sector and focuses on short-form learning solutions. This startup was established in 2020 by Rohit Choudhary, Keertay Agarwal, and Yash Banwani. The platform aims at the Indian mass-market audience with its three-to-five-minute bite-sized learning videos. Their business model is consumption-based learning that covers career development, digital growth, and self-improvement through the use of common languages and practical knowledge.

Seekho Series B Funding: Strengthening Edtech Innovation

$28 Million Raised to Expand Activities

Seekho managed to conclude its Series B fundraising round with a successful result, by collecting $28 million from the leading investor Bessemer Venture Partners, as well as from Goodwater Capital and the current investors Lightspeed Venture Partners and the Elevation Capital. Confidence is growing from this new backing in short-form, vernacular learning platforms that develop new educational methods and modern skill acquisition while also establishing a community for learners.

Expanding Bite-Sized Learning Content

The company’s main value proposition is its careful assembly of micro learning content that effectively attracts the attention and interest of the learners.

Seekho presents content in the form of short, local language videos for the following topics:

• Digital literacy and e-services

• Building a social media presence through Instagram and YouTube

• Language learning and communication skills

• Company management and sales optimization

• Self-growth and productivity

By using the fresh funds, Seekho will unveil new content formats to cater to diverse learning needs and use AI tools to customize learning pathways for each user.

Rapid Growth and Market Potential

25 million is the current number of monthly active users for Seekho, signifying 60% quarter-on-quarter growth rate. The expansion is governed by the thriving digital ecosystem in India:

• Over 800 million smartphone users with a daily online time of 7–8 hours

• Increased digital payment adoption, with UPI autopay as the most popular payment method

• The subscription business, worth $2.5 billion is gradually becoming the new normal, thus making it a sustainable and even scalable sector.

This context enables Seekho to provide affordable skills-based online education with high accessibility to a broad learner population.

Competitive Advantage of Seekho

Unlike content-heavy platforms that focus mainly on entertainment like YouTube or Instagram, Seekho is a platform whose core strength is to have an impact through content that empowers its users. The learning paths at Seekho are tailored by considering the following types of individuals:

• Real estate agents using Meta tools to generate quality inbound leads

• Sales managers who always want to be in the know about new technologies

• People who are adept at handling digital identity services like Aadhaar linkage

Whether it is for a practical purpose or just everyday needs, Seekho is a platform that is relevant for the varied users in the urban and semi-urban India regions. 

Focus on AI-First Strategy

Part of the plan is to spend a lot on AI that would give personalization capabilities to the user and recommend learning tracks according to his or her goals, viewing habits, and language preferences. It is said that the way this method makes retention better is it allows learning to be a habit-forming experience much like social media scrolling but with a bite of educational value that stays with the learner.

The Larger Context of Edtech Funding

The Indian edtech landscape has had an impact on investors mood over the last two years. Although the big-scale platforms are changing their models, the players of the niche like Seekho are uncovering new potentials that come from the attention toward the vernacular markets, the short-form contents, and the low pricing points. The money from the Series B injection will make it easier for Seekho to compete with other edtech companies on multiple fronts and to become the provider of “Edutainment on Tap” for the next 500 million learners.

Strategic Roadmap Ahead

With this cash, Seekho plans to:

• First of all, the company plans to introduce these artificial intelligence adaptive learning journeys,

• Increase the number of users 50 million monthly user base up till 2026,

• the company plans to announce partnerships in regional language to go to the heart of the market and further reach more people,

• They are also trying to develop their subscription revenue base and encourage the use of UPI autopay to facilitate subscription payments.

News about these instruments are foreseen to hold Seekho forth as a player who defines the class of edtech developments in the masses-learner ecosystem of India.

A Broader Impact on India’s Digital Economy

Not only that the round of investment secures the position of Seekho, it also signals an overall upward trend for the digital learning economy in India. These are some of the factors that will have a transformational impact on the role of the platform in the democratization of education for millions: disposable incomes are on the rise and the popularity of subscription services is going up as well.

Professional Closing Note

Within the big picture of India, the announcement of the $28 million Series B round of funding by Seekho is a major turning point for the startup and a strong signal of dedication towards the use of AI and vernacular content for meeting the varied needs of India’s digital-first learners while at the same time showing the way to other players by being a perfect example of blending education with entertainment.

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Mobile Premier League (MPL) has declared that it would be cutting a large portion of its workforce in India, shutting down the staff by almost 60% following a recent ban imposed by the government on paid online games. This reorganization will not only affect the company’s India operations but also its strategy in international markets.

Mobile Premier League (MPL) is based in Bangalore, India and is a well-known online gaming platform consisting of fantasy sports, esports, card games, and casual entertainment options. Digital gaming and esports are the main areas of the company’s activities, and it is delivering e-gaming to the users of India, the United States, Europe, and Brazil. By using real-money gaming and free-to-play formats, the company has gone from being a notable player in the Indian online gaming industry to becoming one of the most recognized names in the sector within six years after its inception.

MPL Layoffs: A Major Workforce Reduction

One prominent news is about MPL layoffs causing redundancy for nearly 60% of their Indian staff, totaling about 300 employees out of 500. The reduction in the number of workers is directly related to the Government of India’s recent decision to prohibit paid online games, by which financial and addiction risks have been identified for audiences under 18 years of age.

The impacted employees are those in various departments such as marketing, finance, operations, engineering, and legal. This is one of the biggest restructuring programs for India’s digital gaming market in recent years.

Impact of India’s Ban on Paid Games

The ban on paid fantasy cricket, rummy, and poker platforms has been the cause of the cessation of activities in the gaming industry. For MPL, India was the main source of around 50% of the company’s total revenue, which was estimated to be $100 million in FY24.

Also Read: Real-Money Games Shut Down Across India After New Law

Moreover, with the new ban, MPL announced that it would not be generating revenue in India anymore for a while. The firm will instead focus on launching and strengthening its free-to-play games in Europe and extending its paid gaming models in the United States and Brazil.

Financial Performance and Valuation

MPL has shaped out to be one of the leaders among the most valuable startups in the gaming sector of India. By Peak XV Partners (formerly Sequoia Capital India) and other global investors funding, MPL’s valuation was $2.3 billion in 2021, according to Pitchbook data.

Dream11, which is worth $8 billion and is the company’s competitor, has also stopped its fantasy cricket business in India in order to comply with the new rules. The disruption shows how the paid games ban has affected the major players deeply in the online gaming economy of India.

Future Outlook for MPL

MPL is determined to grow in the long term even after the massive layoffs and has chosen to embark on international markets as a way of diversifying. Besides Europe free-to-play models, the U.S. and Brazil paid-gaming ecosystems offer MPL revenue streams that are less impacted by regulatory hurdles.

Also Read: Nazara Tech Shares Drop 22% on Online Gaming Ban

The reorganization is also expected to lower operating expenses, which will then allow MPL to use the savings on innovation, compliance, and sustainable global expansion.

MPL Layoffs: What It Means for India’s Gaming Sector

The story of MPL layoffs can serve as the umbrella that covers the trends existing in India’s digital gaming space. The ecosystem’s startups have either closed their businesses or drastically reduced the scale of their operations; the number of such firms is not small. The companies that have been providing poker, rummy, and fantasy cricket platforms are stopping their services while some are looking for new markets.

Experts in the industry believe that the Indian gaming rules may be changed in the near future. However, at present, companies like MPL are adjusting their strategies to stay profitable in the absence of paid gaming revenues in the domestic market.

Conclusion

MPL layoffs represent a historic moment for India’s online gaming sector as they depict the first-hand effects of regulatory changes. While employees across the sector are dealing with the consequences, at the same time, MPL’s move to foreign markets and adoption of free-to-play models indicate a strategic transformation that could alter its global presence.

Moreover, the incident is a lesson for investors, entrepreneurs, and employees about the significance of the ability to withstand regulations and the necessity of finding new sources of income other than the domestic market.

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Delhi government has announced its draft Start-up Policy 2025 to back 5,000 start-ups and ensure that the city ranks among the most brilliant places for innovative ideas worldwide. A fund of Rs 200 crore will be made available to provide financial support to the entrepreneurs.

Delhi Unveils Draft Start-up Policy 2025 to Ignite Creativity and Innovation

The Delhi government has introduced the draft Delhi Start-up Policy 2025, a groundbreaking master plan aimed at creating a fertile atmosphere for 5,000 startups and establishing the city as the world innovation center till 2035. The program involves creating a Rs 200 crore Delhi start-up venture capital fund to provide financial support for fresh businesses.

This step is a reflection of the continuous efforts of the Indian government to foster entrepreneurship and innovation in urban clusters. The policy submission period for public feedback indicates the government’s willingness to tailor the approach to the start-up community’s concerns, investors’, and other related parties’.

Key Highlights of the Delhi Start-up Policy 2025

The draft policy depicts the specific supportive measures of Delhi start-ups across diverse technology-based domains:

• Financial Incentives: A capital of Rs 200 crore has been seated under the Delhi start-up venture capital fund to hand out early-stage financial help.

• Technology Focus: The major technological areas are Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Software-as-a-Service (SaaS), Biotechnology, Augmented Reality (AR), drones, and unmanned aerial vehicles (UAVs).

• Innovation Hubs: The government supports the establishment of specialized incubation centers, mentorship programs, and co-working spaces for the creation of innovation and getting support.

• Global Competitiveness: Delhi is eager to position itself as an international start-up center, thus attracting capital and entrepreneurs from all over the world.

Also Read: RBI Likely to Hold Repo Rate at 5.5% in August Policy

Financial Support and Venture Capital Access

The Rs 200 crore Delhi start-up venture capital fund will be a financial aid for start-ups. Early-stage ventures, especially those in emerging technology sectors, will be able to obtain resources that will help them to go further by increasing product development, their activities, and so on.

According to industry experts, such venture capital access will be a major driver for lowering barriers to entry of new businesses and thus increasing the city’s growth in the national and global start-up ecosystems.

Technology and Innovation as Core Drivers

The draft policy of Delhi mentions that the capital city wants to concentrate on the development of start-ups, which are driven by technology and able to bring economic growth along with positive social impact. Fields like AI, ML, IoT, SaaS, and biotechnology are anticipated to be the start-up groves of the metropolis.

Along with that, the government aims to stir up fresh ideas by uplevelling the tech sectors like drones, AR, and UAVs so as to stay in line with the digital economy ventures of India. By supporting this kind of creativity in the tech areas, the capital city of India aims to draw international investors and to create knowledge intensive businesses.

Policy Implementation and Timeline

Draft Delhi Start-up Policy 2025 is available for public consultation. Comments from entrepreneurs, investors, and industry associations will assist in refining the policy before its final release.

The government has described a step-by-step implementation plan:

1. Short-term (2025–2027): Creation of the Venture Capital Fund and establishment of the incubator centers.

2. Medium-term (2027–2030): Growth of start-up support programs, networks for mentoring, and funding mechanisms.

3. Long-term (2030–2035): Development of Delhi as a worldwide innovation hub with over 5,000 start-ups of global standards.

Industry Reactions and Expert Insights

Several industry leaders comment positively about the draft policy. They emphasize the timeliness of financial support together with technology-focused ideas. Experts agree that this policy may be an enormous catalyst to Delhi’s existing start-up ecosystem in the face of its effective implementation.

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