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Sundar Pichai Joins Alphabet Board Of Directors

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Sundar Pichai Joins Alphabet Board Of Directors,Google CEO Sundar Pichai,Alphabet CEO,Google Larry Page,Alphabet Board Of Directors,Startup Stories,2017 Latest Business News

Google’s parent company Alphabet Inc., has its 13th board of director, Google CEO Sundar Pichai! Pichai will be the 5th insider and the 2nd Google executive to join the board after the head of Google’s cloud division Diane Greene. This announcement was made before the announcement of their second quarter earnings.

Sundar Pichai has worked with Google for more than a decade before he became the CEO of the company. In 2015, Google was reorganized into a unit of its parent company Alphabet with Pichai as the CEO after Eric Schmidt. The creation of Alphabet split a bunch of businesses into quasi independent companies, separate from Google.

Alphabet CEO and cofounder of Google Larry Page said, “Sundar has been doing a great job as Google’s CEO, driving strong growth, partnerships and tremendous product innovation.” This move represents a vote of confidence in Pichai, who has helped raise shares by more than 50% in his tenure. It’s not clear what Pichai’s salary will be after joining the board. His total compensation package for the year 2016 was $ 200 million.

Pichai, who has stuck with Google’s commitment to artificial intelligence and machine learning, has led the company through a period of sustained growth. Alphabet is the second most valuable company in the United States, with Google accounting for a vast majority of their revenue. Alphabet’s financial results for the second quarter was $ 265 billion, which is up by 26% versus their second quarter results of 2016.

Along with Sundar Pichai, the Alphabet board also includes the cofounders of Google Larry Page and Sergey Brin, executive chairman and former CEO Eric Schmidt and Diane Greene. In comparison, Alphabet has the most number of insiders on their board of directors. Both Apple and Amazon only have 1 insider, their respective CEOs Tim Cook and Jeff Bezos, while Microsoft has 3 on its 12 person board. Facebook also has a higher insider count, with 3 out of their 8 board members working for the company.

Predominantly, a majority of the companies have fewer insiders as the board of directors are meant to represent the interests of shareholders in cases of conflict with company leadership. A higher number of directors directly affiliated with the company may become a conflict of interest during a crisis. 

 

Watch how Sundar Pichai, in mere 10 years, became the CEO of one of the world’s biggest companies, Google! 

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Pune’s SuperGaming Secures $15M to Expand in Emerging Markets

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Super Gaming

SuperGaming, the Pune-based gaming innovator known for hit titles like MaskGun and Indus Battle Royale, has raised $15 million in a Series B funding round, boosting its valuation to an impressive $100 million. This marks a nearly fivefold increase from its 2021 valuation of $21 million, highlighting the company’s rapid growth and the rising investor confidence in India’s booming gaming industry. The funding reflects SuperGaming’s strong market presence and strategic vision to become a global leader in online gaming. 

The funding round was spearheaded by Skycatcher and Steadview Capital, with significant participation from notable international investors including a16z Speedrun, Bandai Namco O21 Fund, Neowiz, and prominent Web3 financiers such as Polygon Ventures and Sandeep Nailwal. Existing backers like AET Japan and BACE Capital also continued their support. SuperGaming aims to utilize this capital infusion to expand its footprint internationally, focusing on emerging markets. A key initiative includes launching its award-winning game, Indus Battle Royale, in Latin America through a partnership with LOUD.GG, alongside rolling out its proprietary SuperPlatform developed with Google Cloud to empower game developers worldwide, especially in resource-constrained regions. 

CEO and Co-Founder Roby John emphasized that this funding milestone is crucial in shifting India from merely a gaming consumer base to a hub for gaming innovation. By adopting a “hyper-local” strategy that tailors games to diverse cultures in underrepresented markets like the Middle East and Latin America, SuperGaming is poised for global growth. With over 200 million installs and an expanding user base, SuperGaming’s recent fundraising solidifies its position at the forefront of India’s gaming revolution, ready to make a major impact on the international stage.

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Swiggy DeskEats: Office Food Delivery Launched in 30 Cities

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Swiggy

Swiggy, India’s leading online food delivery platform, has introduced DeskEats, a unique meal delivery service specifically designed for office-goers and working professionals across 30 major cities. DeskEats aims to streamline office dining by offering a diverse, office-friendly menu, making it easier than ever for corporate employees to enjoy convenient and delicious meals right at their workplace. By simply typing “Office” or “Work” in the Swiggy app, users can unlock curated collections like Value Combos, Stress Munchies, Healthy Nibbles, and Teamwork Bites, catering to every office dining scenario—from solo meals to team lunches and quick snack breaks.

Swiggy’s DeskEats is now operational in over 7,000 tech parks and business centers, granting office workers access to nearly 700,000 menu items from over 200,000 restaurants. This vast variety ensures there’s something for everyone, addressing the growing demand for quick, tasty, and nutritious food that fits seamlessly into the busy schedules of working professionals. Early trends from DeskEats’ pilot phase show a strong preference for easy-to-eat options like chicken popcorn in Bengaluru and garlic breadsticks in Gurugram, reflecting the popularity of meals tailored for the modern workday.

Expanding upon its Corporate Rewards Program, which is already trusted by thousands of organizations, Swiggy enables companies to enhance employee wellness programs by offering food delivery, groceries, and dining benefits efficiently. With DeskEats, Swiggy reaffirms its commitment to transforming workplace dining by prioritizing variety, convenience, and user satisfaction—cementing its position as a key player in the evolution of India’s office food culture.

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Setu Builds Fintech Powerhouse Leadership Team as Pine Labs IPO Nears

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Pine Labs

Setu, the API infrastructure platform and subsidiary of Pine Labs, has significantly strengthened its leadership by appointing Prashanth Nimmagada (ex-Razorpay) as Chief Technology Officer, signaling its commitment to innovation in India’s dynamic fintech landscape. Alongside Nimmagada, Setu has welcomed other top industry talent: Vijeth Pandit (ex-Razorpay) as Chief Product Officer, Ramkumar Thirumurthi (ex-Razorpay, co-founder Actyv.ai) as Chief Revenue Officer, Nikhil Ratanpal (ex-PhonePe) as Director of Product Development, and Santosh Subramanian (ex-Yes Bank, Wibmo) as Head of Finance. These high-profile hires accompany Anand Raisinghani’s (ex-SAP India) appointment as CEO, underscoring Setu’s focus on building a strong, experienced leadership bench to drive future growth.

Setu specializes in providing API-based digital financial infrastructure for services such as UPI, bill payments, KYC, and digital signatures, while also operating as an RBI-licensed NBFC Account Aggregator. With this expanded leadership team—drawn from India’s leading fintechs—Setu is well-positioned to accelerate the development of scalable, API-driven financial solutions for banks, fintechs, and enterprises. The influx of expertise from Razorpay and PhonePe veterans will bolster Setu’s technical capabilities and strategic partnerships, ensuring it remains a key enabler in India’s rapidly maturing digital public infrastructure ecosystem.

This leadership overhaul comes as parent company Pine Labs prepares for a major IPO, aiming to raise ₹2,600 crore through a fresh share issue after turning profitable in FY25. Setu’s enhanced leadership reinforces the broader group’s ambitions for international expansion, technological innovation, and financial performance. As Setu solidifies its role at the forefront of India’s fintech evolution, the company is poised to deliver advanced financial infrastructure solutions that support the country’s growing digital economy and drive Pine Labs’ strategic momentum.

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