...
...
Next Story

Over 700 left jobless as Pune IT firm shuts down abruptly, CEO arrested after employees raise alarm

Harshal Thakare, the company's CEO and Head of Training and Development has been arrested, and an HR manager is also under police scanner.

Updated on: Jun 4, 2026, 13:48:39 IST
Advertisement

Over 700 employees and interns of a private IT firm in IT hub of Hinjewadi in Maharashtra's Pune were left without jobs, with no salaries and benefits, after the organisation abruptly shut down. Based on a complaint filed by the staff, Harshal Thakare, the CEO of Noida-based Thynk Tech India OPC Pvt Ltd, was reportedly arrested.

Grave allegations have been levelled against the company and CEO Harshal Thakare has been booked on charges of cheating and criminal breach of trust. (Unsplash)
Grave allegations have been levelled against the company and CEO Harshal Thakare has been booked on charges of cheating and criminal breach of trust. (Unsplash)

Thakare was also the company's Head of Training and Development, and apart from him, an HR manager is also under police scanner. The CEO's arrest came after a complaint by a 25-year-old intern, and about 30 others also spoke against the firm.

Grave allegations have been levelled against the company and Thakare has been booked on charges of cheating and criminal breach of trust, ANI news agency reported.

‘Collected 15,000, paid no salaries’

Employees claimed they were not paid salaries or stipends for months, and were asked to fetch 15,000 on the pretext of being handed over laptops. Several complainants alleged that they didn't receive salaries for one to three months.

The Forum for IT Employees (FITE) said several staff members approached the body seeking help. "We had approached Hinjewadi Police to file an FIR against the owners of the firm after several interns complained to us," FITE chief Pavanjit Mane told ANI.

According to reports, the firm hired several engineering graduates from different places in Maharashtra, including Yavatmal, Jalgaon and Nashik.

The staff saw doors of the firm sealed on April 22, with a notice by the property owner slapped on its glass door, seeking pending rent and other maintenance charges, according to an Indian Express report.

The report said that Thynk Tech was listed on placement drives of several well-known institutions in Maharashtra, which gave the firm some credence. “We thought that if reputed colleges are allowing Thynk Tech for campus placements, they must have done a background check,” an intern was quoted as saying by IE.

All about the company

Thynk Tech India OPC Pvt is a firm that operated from its divisional office in Hinjewadi Phase II in Pune, while its registered head office is located in Noida. Police is currently investigating the company's financial transactions to determine the scale of fraud that the employees may have been subjected to.

Harshal Thakare, the accused arrested in the case, is the CEO and Head of Training and Development of the company. According to FITE, the company begans its Pune operations last year.

 
ABOUT THE AUTHOR
Poorva Joshi

Poorva Joshi is a Senior Content Producer with nearly five years of experience in journalism. She covers Indian politics and geopolitics, with a focus on diplomatic relations, trade negotiations, and economic policy between countries. She has previously worked at India Today, CNN-News18 and India TV. Over the years, she has reported extensively on major national and international developments, including the Air India plane crash, the Pahalgam terror attack, India–US trade tensions, tensions in the Middle East, high-profile crime stories in India, multiple state Assembly elections, and the 2024 Lok Sabha elections. She spearheaded the Bihar Assembly elections live blog, which drew over one million users to the Hindustan Times website. Her reporting on India–US tariff and trade tensions has consistently driven strong readership and engagement for the platform. In addition to reporting, she has spent a significant part of her career leading newsroom shifts, ideating stories, editing and fine-tuning copies, and seeing coverage through from planning to publication, alongside writing original articles. At HT, she received the Insta Award for being the top contributor to the HT News Team in November.

Get the latest India News, breaking headlines and real-time updates from across the country. Stay informed about politics, government policies, crime, weather and major national developments.
Get the latest India News, breaking headlines and real-time updates from across the country. Stay informed about politics, government policies, crime, weather and major national developments.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe