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Uber Has A New CEO Dara Khosrowshahi

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Uber, US based cab hailing startup, has elected a new chief executive officer to lead the company. Dara Khosrowshahi, who has been the CEO of online travel business Expedia for the past 12 years has officially been offered the post as the new CEO of Uber.

Dara Khosrowshahi emigrated to the US in 1978 from Iran following the Iranian Revolution and took over the reigns of Expedia in 2005. Expedia, under his leadership, grew to become a $23 billion giant with a presence all across the world. The online travel business is known for their work life balance and diversity. According to company data, 51% of their US employees are female and 33% leadership roles are taken up by women. Khosrowshahi has agreed that the numbers, although compares well with their peers, are still not high enough.

Former CEO and cofounder of the company Travis Kalanick was asked to step down following the various scandals that surrounded the company. One of the allegations the company faced was discrimination against women at the workspace. Although Dara Khosrowshashi will be a step up from the former CEO, the bar set for diversity and inclusion is still very low considering the board was unable to hire a woman for the lead role.

In a press conference last year Khosrowshahi said they need to attract, hire, engage and promote talent of all kinds all around the world. “We believe that by enriching the diversity of our work force across all dimensions, including gender, we achieve the most enriched outcomes,” he added. Before Khosrowshashi, HP CEO Meg Whitman along with former GE CEO Jeffery Immelt were considered for the job. After Kalanick’s resignation, many hoped that the next CEO would be a woman, which would be a symbolic choice for a company that is grappling with its “bro” culture. Facebook’s Chief Operating Officer Sheryl Sandberg was also considered for the position as she takes a firm social standing on diversity and has the right leadership experience.

In recent times many women have come forward speaking out against discrimination and harassment in the tech industry with multiple leaders stepping down from their posts. India, which is the third largest startup ecosystem in the world, on the other hand, has been seeing an increase in women lead companies in the startup world such as Richa kar led Zivame, Suchi Mukherjee led Limeroad and Radhika Aggarwal led ShopClues. Anisha Singh who is the founder of MyDala.com will also be seen mentoring aspiring entrepreneurs on an upcoming reality show on MTV called Dropout. Indira Nooyi, born in Madras, is currently ranked as the 13th most powerful women in the world and heads the world’s second largest food and beverage company, Pepsi Co. Kiran Mazumdar Shaw is the chairperson and managing director of Biocon Limited, a Bengaluru based biotechnology company and is an independent director of IT giant Infosys.

Khosrowshahi, the soon to be former CEO of Expedia, which does not have a gender pay gap and women in its workforce earn $1 for every $1 paid to men in equivalent roles, will be tasked with turning around Uber’s culture, which has been called hostile to women. More than 20 employees were terminated from Uber as a result of an internal investigation with sexual harassment, bullying and retaliation as reasons for many of the firings. The internal investigation also released a 13 page report with recommendations on how to improve the way Uber treats its employees and police reckless behavior within the company. Khosrowshahi’s job would be to follow the recommendations to avoid any more scandals.

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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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