look news india
Sarathi AI: These days layoffs are happening all over the world. Indian companies are also not behind in this. The fired employees often quietly settle their accounts, go home and start looking for a new job. But this time, a fired employee in a company did something due to which the CEO is now on the lookout.
This incident happened with Vishwa Nath Jha, founder and CEO of Saarthi AI. An employee stole his passport, which also contained a US visa.
Sarathi AI CEO Vishwa Nath Jha's passport was stolen
This Bengaluru-based startup Saarthi AI has been in trouble for quite some time. The company had carried out large-scale layoffs last year to make profits. Apart from this, the salary of many people is pending since March 2023. Now the company's CEO Vishwa Nath Jha has claimed that a former employee has stolen his passport. Which also included his US visa. In July, he fired some employees under pressure from investors.
Unable to raise capital to save the troubled company
According to a report by tech news website Entrackr, Vishwa Nath Jha said that the person who stole his passport was a senior employee. This has created a big problem for him. He cannot take the risk of going abroad to raise capital to save his troubled company. He said that I have got a new passport but I have not yet got an American visa. It will take a lot of time for this.
CEO Vishwanath Jha said- We have not stopped anyone's salary
Vishwanath Jha said that we have not stopped the salary of any employee. Such allegations are being made to defame our company. We are in talks with many banks and NBFCs. If this is successful, recruitment will be started again in the company.
After the layoffs, only 40 employees are left in Saarthi AI. People claim that the company has withheld the money of about 50 employees for a year.
