Madhuri Jain, head of controls of the fintech start-up and wife of exiled co-founder Ashneer Grover, has alleged that she did not tender her resignation which the board claims to have accepted.

Zerodha and True Beacon co-founder Nikhil Kamath, along with Abhijeet Pai, has invested in Omnipresent Robot Tech through their investment arm Gruhas Proptech. Omnipresent, founded by Aakash Sinha, an MIT TR35 Innovator and Carnegie Mellon Robotics Institute graduate, has completed 51 km drone flight for HPCL pipelines and it has also been serving most of the major oil companies in India including RIL, IOCL, and BPCL.

"The Boards of Directors of Wego and Flipkart have approved the transaction, which is expected to close in the second half of 2022, subject to customary closing conditions and regulatory approvals," a release stated. The Walmart-owned e-commerce major last year had announced the acquisition of the travel booking portal Cleartrip.

With the current funding round, Propelld plans to grow the loan book rapidly in a segment with low credit penetration, and offer new products for various verticals within education, the company said in a statement.