Est. 2001·3,000+ placements · six offices · four regions

Company signals

Crypto exchanges operating in India (Giottus, CoinSwitch, et al.)

1 signal in the current window, with MitchelLake's leadership read on each.

Last updated

Market context: Backdrop: a 105.8 (Hot) Talent Market Index (down 2.3 on the month) with Asia activity steady (+0.5pts).

Crypto exchanges operating in India (Giottus, CoinSwitch, et al.): 1 signal in the last 90 days; 0.1% of MitchelLake's Asia signal flow.

Signals at Crypto exchanges operating in India (Giottus, CoinSwitch, et al.)

More signals across Asia

Restructuring · Asia

Maybank

Maybank officially relocated its headquarters to Menara Merdeka Maybank, consolidating corporate functions under one roof and rebranding its former headquarters at Menara Maybank as Menara Tun Perak.

Restructuring · Asia

Indian financial institutions (systemic)

CKYC 2.0 (CKYCRR 2.0) regulatory rollout deadline at end of July 2026 across Indian banking, NBFC, FinTech and insurance sectors requires major technical and operational overhaul from batch PDF uploads to real-time API-first architecture, with penalties up to Rs 250 crore for non-compliance.

Restructuring · Asia

Freshworks

Freshworks executed major leadership restructuring in 2024 (CTO, CPO, CRO, India head changes) and laid off 600 employees as part of AI-led transformation. In January 2026, company announced 11% workforce reduction (500 employees) to accelerate AI adoption and automation.

Restructuring · Asia

B9 Beverages

Anicut Capital has taken control of founder Ankur Jain's 17%+ stake in debt-laden beer maker B9 Beverages (parent of Bira 91) after Jain stepped down from the board. Anicut Capital will nominate three directors and lead restructuring. The company faces ₹1,000 Cr in debt/liabilities, suspended production, and unpaid employee/vendor dues. Recapitalization under revival plan is underway.

Restructuring · Asia

Panasonic

Panasonic is ending TV production in Malaysia and cutting jobs as part of operational restructuring.

Restructuring · Asia

Tata Digital

Tata Digital posted ₹4,974 Cr net loss in FY26 (up 7.9% YoY), with BigBasket accounting for 64% of losses. Tata Group pivoted Tata Neu super app away from general commerce toward financial services focus, positioning the Tata Neu card as one of India's largest co-branded credit cards. Strategic shift emphasises financial services, loyalty, payments (targeting 10X growth in monthly transacting users), lending, and insurance.

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Track companies like Crypto exchanges operating in India (Giottus, CoinSwitch, et al.) — with our analysis

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