Gaming Unicorn MPL Lays Off 100 Employees, Ed-Tech Startup FrontRow Lays Off 30% Of Its Workforce
Around this year time last year, there had been a nonstop stream of Indian startups raising large rounds and entering the unicorn club….
Author: OfficeChai Team
Dotting the i's, crossing the t's.
India’s Tech Community Slams Elon Musk For Claiming That Tesla Isn’t Allowed To Sell Cars In India
Elon Musk, for the most part, is a darling of the world’s engineers, techies and nerds, but he seems to have antagonized some…
Recession A Good Thing, It’s Been Raining Money On Fools For Too Long: Elon Musk
Elon Musk has never been conventional about the way he’s run his businesses, how he’s dealt with fame, or how how he’s acts…
Funding Winter Is Here, We Must Focus On Profitability: Unacademy CEO Gaurav Munjal
You know that the startup winter is well and truly here when some of the most profligate names in the business begin talking…
Investors Sequoia Capital, Y-Combinator Warn Startup Companies Of Upcoming Downturn
Startup investors make most of their money from being able to spot trends early, and they now seem to be in unison about…
Logistics Startup Delhivery Goes Public, Shares Rise 10% On Opening Day
India’s startups might have had a torrid few months at the stock markets, but new IPO from a freshly-minted unicorn appears to have…
Zomato’s Revenue Rises 75% In Q4, But Losses Triple
Many of India’s tech startups are now public companies, but they seem no closer to making profits than they’d been when they were…
HealthTech Startup MFine Lays Off More Than 500 Employees After Reportedly Running Short Of Funds
What had begun as a trickle of layoffs in India’s startup ecosystem is quickly turning into a deluge. Health-tech startup MFine has laid…
Zilingo Fires Cofounder & CEO Ankiti Bose Over “Serious Financial Irregularities”
It’s not just employees who’re being laid off from startups in recent weeks — founders too are feeling the heat. Fashion platform Zilingo…