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1 min read
Udaan lays off 100 employees a week after raising $340 million
Homegrown B2B e-commerce platform Udaan, which raised $340 million last week, laid off more than 10…
2 mins read
Udaan shipped over 1.7 billion products across 1,200 cities in 2022
E-commerce platform Udaan said that it shipped over 1.7 billion products catering to over 22 millio…
2 mins read
Amid startup funding crunch, Udaan raises $120 million and plans IPO after a year
While the whole startup ecosystem is facing a funding crunch this year, this outlier startup …
2 mins read
EXCLUSIVE: The nearly $3 billion Udaan lays off thousands of its contract staff— sales and delivery guys are now out of jobs
Indian unicorn startup Udaan has sacked half of its ground force, a source told Business Insider. T…
2 mins read
Google, Microsoft backed VerSe Innovation sacks 150 employees, cuts pay for employees earning ₹10 lakh or more
VerSe Innovation, the parent company of short video platform Josh and news aggregator Dailyhunt, ha…
2 mins read
PharmEasy falls into difficult times, lays off employees for the second time this year
After delayed its plans to go for an IPO in August 2022, Mumbai-based healthtech startup PharmEasy …
2 mins read
Unacademy announces ESOP buyback worth nearly ₹30 crore for its employees
India’s latest edtech unicorn Unacademy has announced ESOP (Employee Stock Ownership Plan) buyback …
1 min read
Indian startups raised $732 million across 107 deals in January
Indian startups have raised $732.7 million across 107 deals in January this year amid layoffs, shut…
1 min read
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…
1 min read
BYJU's slashes over 1,000 jobs, mostly from its engineering teams
Edtech major BYJU's has laid off further 15 per cent of its employees from its engineering teams, a…
2 mins read
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…
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…
3 mins read
Early-stage startups keen on hiring for mid and junior roles: FICCI-Randstad survey
A survey by industry body FICCI and HR services firm Randstad India says that early-stage startups …
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…
2 mins read
853 tech firms lay off over 137,492 workers globally, more job cuts coming
As more and more companies across the spectrum sack employees amid the global meltdown, at least 85…
2 mins read
A quarter of Indian gig workers’ salaries grew by 50% in the last one year
An overall growth of 150% was recorded in the payments/salaries to gig workers between October 2021…
3 mins read
Tech Mahindra CEO CP Gurnani looks to transition from captain to coach post retirement
Tech Mahindra is planning to transition from being a long serving captain in the IT industry to a "…
PTI
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…
8 mins read
11,000 and counting — that’s how bad startup job losses are after Ola, Byju’s & 22 others cut costs
Indian startups have laid off a little over 11,000 people in the last six months as the flow of cap…
2 mins read
Mazagon Dock Shipbuilders IPO fully subscribed on day one — led by robust retail demand
The state-owned Indian Naval shipbuilding firm Mazagon Dock Shipbuilders witnessed a stellar respon…