Bengaluru Bans Carpooling Apps Following Pressure From Cab Operators
Even as Bengaluru is grappling with record levels of traffic, the city’s authorities have gone ahead and banned a measure which potentially takes…
Category: Startups
OpenAI CEO Sam Altman Had Lived In Ashram After Selling His First Company
There’s no shortage of scientists and technologists who’ve delved deeply into Indian spirituality, but one of the tech world’s newest stars seems to…
Byju’s To Cut 4,500 Jobs In Largest Layoffs In Indian Startup History: Report
Byju’s had once created the record for being the most valuable privately held Indian startup when it had touched a valuation of $22…
Zerodha Reports Record Profit Of Rs. 2,907 Crore In FY23
Zerodha CEO Nithin Kamath had spent much of last year warning everyone who’d listen about an upcoming slowdown in the stock broking business,…
Dunzo Conducts Fresh Round Of Layoffs, To Pay June-July Salaries Only By February Next Year
Even as it looks to raise fresh funds, troubled hyperlocal delivery startup Dunzo continues to jettison people from its ranks. Dunzo is conducting…
Swiggy Appears To Now Be Advertising For Brands On Its Order Tracking Screen
India’s food delivery apps might all be mired in hundreds of crores of losses, but they’re now looking at the some creative ways…
Ola Restarts Bike Rides In Bangalore, This Time With Its Own S1-Electric Scooters
Ola had first started its bike ride services all the way back in 2016, but amidst onerous regulations, pressure from local authorities, and…
Koo Reports Revenue Of Rs. 14 Lakh, Loss Of Rs. 197 Crore In FY22
Social networks, unless they’re massive monopolies like Facebook and Instagram, aren’t known for making much money, but it can be staggering how little…
Ola Electric Raises Funds At $5.4 Billion Valuation, Higher Than Valuation Of Ola’s Cabs Business
Ola Electric had been started by Ola only in 2017, but it’s already more valuable than Ola’s ride hailing business. Ola Electric has…