In 2022, around 1,024 tech companies globally and in India both big tech firms and startups laid off 154,336 employees.
Olx, which enables buying and selling of goods and services across categories like fashion, electronics, furniture, cars, among others -…
Swiggy, which offers both food and grocery delivery, has decided to shut down its meat delivery marketplace as a cost-cutting…
The fundraiser follows PhonePe’s recently announced change of domicile to India and full separation from Flipkart.
The startup also announced that it achieved an annualised revenue run rate (ARR) of $82 million in the same month…
B Capital will focus on global growth investments, primarily in enterprise, fintech and healthcare tech
The second source also said that Swiggy has a numbered rating system for all employees on a scale of 0-5.
November 2022 witnessed the highest number of tech layoffs, which impacted close to 51,800 employees across 2,017 companies in India…
Vernacular social media app ShareChat laid off around 20% of its total workforce, which impacted at least 450-500 employees, said…
The fund has seen participation from onshore and offshore institutions and family offices.
The year 2023 is expected to be another formidable year for startups even as both global and domestic VCs sit…
Rapido’s lawyers further argued in the court that the state has been discriminating against it since other competitors such as…
May sign loan forbearance deal with its lenders
Japanese conglomerate SoftBank, which is known for backing and creating new unicorns such as Lenskart, Ola and Oyo in India,…
This game-based app helps users grow money and earn weekly rewards
Amazon had told its restaurants partners that it is committed to meet all its payments and other contractual obligations.
Oyo, however, challenged the CCI ruling in November last year after which the tribunal reportedly stayed the CCI penalty.
However, not all startups have survived and scaled to achieve multi-million dollar revenues.
