10-15 Minute Delivery Models Not Economically Feasible: BigBasket CEO Hari Menon
A bunch of startups have burst into the grocery delivery space promising 10-minute deliveries, but one of the oldest players in the game…
Category: Startups
These Are India’s 9 Highest Loss Making Startup Unicorns
Indian unicorn startups have been pilloried for years for making losses. Some of the biggest names in India’s startup space have never made…
These Are India’s 10 Highest Profit Making Startup Unicorns
There’s no shortage of unicorn startups in India any more — India had more than a hundred unicorns at last count. But what’s…
Indian Space Startup Pixxel Bags Contract With US Defense Agency For Providing Satellite Data
For decades, India has been importing foreign technology to buttress its internal defenses. Now private Indian comapnies are helping the most powerful military…
Dunzo Lays Off 30% Of Its Workforce, Raises Funds From Google And Reliance
2023 had started off with as many as a dozen unicorns laying off employees in January, and the trend appears to be continuing…
JioCinema Gets More Views In Opening IPL Weekend Than Hotstar Got In Entire 2022 Season
Reliance had discovered the power of “free” with the Jio launch, and it appears to be doing an encore with the IPL on…
BlackRock Cuts Byjus’ Valuation From $22 Billion To $11 Billion: Report
Ed-tech companies have had a torrid time of late with layoffs, slashing of management salaries, and forced restructuring of loans, and it’s finally…
Unacademy Lays Off 380 More Employees In Latest Job Cuts
It’s been a while since stress was first seen in the Indian ed-tech sector, but the pain for some comapnies doesn’t seem to…
Elon Musk, Top AI Researchers Sign Open Letter Asking For Pause In High-Level AI Research
AI has been moving at breakneck speed over the last few months, but there are now concerns that it’s getting too good, too…