Physics Wallah appoints Blinkit’s Amit Sachdeva as CFO

(L-R) Alakh Pandey (Founder & CEO, Physics Wallah ), Amit Sachdeva (CFO, Physics Wallah) and Prateek Maheshwari (Co-Founder, Physics Wallah).

Amit Sachdeva is a Chartered Accountant from the Institute of Chartered Accountants of India and a Certified Public Accountant in the USA.

CAIT sounds alarm on quick commerce’s impact on kirana stores

CAIT has accused Blinkit (Zomato), Swiggy (Instamart), and Zepto of violating multiple laws, including Foreign Direct Investment (FDI) and FEMA regulations to finance operational losses.

CAIT said that Zepo, Blinkit, and Instamart have received a massive FDI inflow of more than Rs 54,000 crore to control logistics, warehouses, inventory, and delivery systems