Wire · operational-macro
Indian-origin CEO who fired 900 employees on Zoom in 2021 now removed as CEO
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Fusion42 · 16 August 2026 · Fusion42 review
Vishal Garg, founder and former CEO of digital mortgage lender Better Home & Finance, has been removed from his CEO and board positions after a contentious period marked by mass layoffs and reputational damage. Garg alleges a boardroom takeover by hedge fund manager Daniel Lewis and is seeking reinstatement with shareholder support.
This Wire brief sits within Fusion42's coverage of Fintech, and 4 sources have reported it between 4 Aug 2026 and 17 Aug 2026.
◆ ◆ The Wire takeaway
A fintech founder losing control to activist investors signals heightened risks in governance disputes. You should reassess investor relations and control structures to protect your leadership and strategic direction.
◆ Coverage
4 sources · first reported 4 Aug 2026 · latest 17 Aug 2026
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