eNews
Gail boosts start-up investment fund to Rs 500 crore
MUMBAI: Gail (India) Limited has announced a substantial increase in its start-up investment fund, raising the corpus from Rs 100 crore to Rs 500 crore. The move aims to foster innovation, support emerging businesses, and accelerate growth within India’s start-up ecosystem.
The expanded fund will focus on nurturing start-ups across sectors such as clean energy, renewables, energy storage, electric mobility, and digital transformation. The initiative aligns with the government’s vision of a self-reliant India.
Gail chairman & managing director Sandeep Kumar Gupta said: “We are proud to support the Start-up India mission as envisioned by prime minister Narendra Modi. By increasing our start-up fund to Rs 500 crore, we aim to provide stronger financial and strategic backing to entrepreneurs with breakthrough ideas. This initiative reflects our commitment to fostering innovation and sustainability in India’s energy and technology sectors.”
Since launching its start-up initiative Pankh in July 2017, Gail has invested in 36 start-ups across sectors including compressed biogas (CBG), electric mobility, IoT, logistics, and environmental solutions.
eNews
Piyush Thakur steps down as Inshorts’ chief revenue officer
Former vice president and cro says exit marks a new chapter after close to a decade of building revenue and partnerships at Inshorts Group.
NOIDA: Piyush Thakur has stepped away from Inshorts Group after nearly 10 years with the company, marking the end of a long tenure that culminated in his role as chief revenue officer.
In a farewell note, Thakur said he was “turning a new page” after almost a decade at Inshorts, calling it one of the hardest professional decisions he has made. He added that his exit was not driven by uncertainty about the future, but by reflection on a long association with the company.
Thakur joined Inshorts in October 2016 as vice president and spent around seven years in the role before being elevated to chief revenue officer in April 2024, a position he held until April 2026.
He said his tenure was defined by “thousands of mornings, late nights, product debates and breakthrough moments”, as the company evolved into a large-scale digital news platform used by millions.
In his note, Thakur emphasised that Inshorts’ growth was a collective effort across teams, adding that engineers, designers, sales teams and customer support staff all contributed to building the platform. He said the company’s success was not the result of individuals but of “everyone who stayed, passed through, and left their mark”.
Before Inshorts, Thakur worked across several digital media and business development roles. At ESPN, he served as senior regional manager from October 2015 to October 2016, focusing on growth initiatives, strategic opportunities and video distribution.
At Times Internet, he worked for nearly three years, including as head of business development from April 2015 to September 2015 and chief manager from January 2013 to March 2015. His responsibilities included monetisation of mobile platforms, managing media and developer partnerships, and driving revenue across digital properties such as The Times of India and The Economic Times.
Earlier, he worked at Brandmovers as head of business development from June 2012 to June 2013, handling digital, mobile and social media marketing solutions, client development and strategic consulting. During this period, he also worked on advertising revenue, brand strategy and CRM-based solutions.
At Inshorts, Thakur’s role focused on revenue strategy, mobile and media partnerships, and growth initiatives across platforms. His profile highlights experience in mobile product management, digital business models, partner ecosystems and revenue expansion in high-growth environments.
