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![[YS Exclusive] Zepto hires CoinSwitch's Ramesh Bafna as CFO with IPO in sight - Vimarsana News](https://images.yourstory.com/cs/2/f3638ff0dcc111ec93bca187955479ef/1600x800RameshBafnaZeptocopy-1681561761837.jpg?fm=png&auto=format)
Bafna, who will join Zepto next month, led cryptocurrency firm CoinSwitch as CFO for 11 months. Prior to that, he was the CFO at Sequoia-backed Zilingo and Flipkart-owned Myntra.
Fitch expects OYO to improve its financial performance in FY24, driven by cost reductions and a rebound in the travel industry.
The company says it witnessed a 3X growth in the number of SKUs, customers, and sellers in FY23.
The increase in the monetary ceiling in public procurement will enable more government departments to leverage innovative technology solutions from startups
Here is your daily dose of key developments from the technology world of India.