More than 700 employees of ThynkTech India, a Pune-based IT company, found themselves without jobs when the firm suddenly shut down, leaving them struggling to recover unpaid salaries and deposits. The company’s CEO, Harshal Thakre, has been arrested in connection with alleged financial irregularities and cheating related to the closure of ThynkTech India in Pune’s Hinjewadi IT hub.
Following a complaint by a 25-year-old intern, the police have expanded their investigation into the company’s financial and business practices. Over 30 employees and interns have also lodged complaints about unpaid salaries, stipends, and unreturned money collected by the company.
Employees were taken by surprise in April when the company ceased operations without warning, leaving them locked out of the office premises and unable to contact company representatives. The head of training and development, along with a human resources manager, have also been implicated in the case.
According to employee complaints, ThynkTech India allegedly collected security deposits of approximately Rs 15,000 from workers and interns under the guise of needing the amount for official laptops and equipment. While salaries were initially paid on time, payments stopped in January, and subsequent cheques issued by the company bounced, raising concerns about its financial stability.
The investigation is ongoing, with police examining additional financial records and transaction details as part of the probe.
