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…
Category: Startups
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…
India’s Zoho Becomes First SaaS Company To Reach 100 Million Users With No External Funding
There’s no shortage of companies which have amassed millions of users after being backed by VC money, but an Indian company has managed…
Zomato’s Rs. 2 “Platform Fee” Could Result In Rs. 40 Crore Improvement In Firm’s Bottom Line: Report
Many of India’s startups have looked at kinds of methods to become financially viable, but now they’re trying the most conventional way of…