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2 mins read

Weekend wrap: Real estate dominates India's investment portfolios, interview tips from Amazon employee and more

This week's news roundup highlights India's real estate sector's dominance in investment portfolios…

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2 mins read

Kunal Kamra is ready to accept Ola CEO Bhavish Aggarwal’s job offer but on some conditions

Comedian Kunal Kamra humorously agreed to work with Ola CEO Bhavish Aggarwal, listing conditions to…

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3 mins read

Weekend wrap: Ratan Tata's legacy, Ola Electric's woes, smartphone pinkies and more

We bid adieu to Ratan Tata this week and various former Tata Cliq employees came forward to talk ab…

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Ola Electric IPO allotment – How to check allotment, IPO GMP, listing date and more

Bengaluru-based Ola Electric, an electric two-wheeler maker is expected to announce the allotment s…

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1 min read

Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise

Ride-hailing major Ola has started to lay off 200 employees from its Ola Cabs, Ola Electric and Ola…

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Ola's valuation slashed by more than half by Vanguard

Leading US asset manager Vanguard has further slashed its holding in ride-hailing major Ola by more…

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91 tech companies lay off over 24,000 employees in Jan to date

The year 2023 began on a bad note for tech workers globally and 91 companies have laid off more tha…

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Ola likely to lay off nearly 1K employees to ramp up EV plans

As Bhavish Aggarwal-owned Ola is aiming to ramp up its electric vehicle business, the ride-hailing …

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3 mins read

Unicorn health check: 30 will be IPO ready next year but future bleak for 20

The next three years will be testing times for unicorns, says Redseer, which sees a bleak future fo…

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2 mins read

Ola expands ESOP pool to ₹3,000 crore, issues stock worth ₹400 crore to employees

Ride hailing giant Ola has expanded its employee stock option plan (ESOP) pool to ₹3,000 crore. It …

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Laying off 200 engineers to 'centralise' operations, clarifies Ola

The company denied sacking 500 employees, adding that it is "centralising operations and is unde…

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Over 23,000 techies lose jobs in nearly 82 Indian startups to date

As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off b…

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6 mins read

Tech layoffs to continue for sometime thanks to a slowdown in demand and an uncertain economic environment

Bipin Singh, a business development manager at Byju’s with over 11 years experience in the EdTech i…

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Ola's talent acquisition head Shikharr Sood quits too

Shikharr Sood, the head of Ola's Talent Acquisition, and in charge of talent acquisition for the en…

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Ola fires 1400 people as revenue is hit by 95% in the last two months

Indian ride hailing unicorn Ola has fired 1400 people as a cost cutting measure during the coronavi…

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70-plus Indian startups show exit door to 21K techies, more pink slips coming

As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees…

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Ola may end up firing another 500 people to save up costs

As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is pla…

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6 mins read

At least 16 top executives have left Ola in the last two years

Ride hailing giant Ola — run by ANI Technology — has been undergoing a series of high profile exits…

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4 mins read

BYJU’s, Zomato, Dream11 among India’s most valuable PE/VC-funded companies as per Hurun

The second edition of the Burgundy Private Hurun India 500 report featured India’s 500 most valuabl…

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2 mins read

Bhavish Aggarwal is reportedly stepping away from day-to-day functions of Ola to focus more on tech

ANI Technologies’ founder and chief executive officer (CEO) Bhavish Aggarwal has reportedly decided…