After 3 High-Level Exits In A Month, Zomato To Lay Off 3% Of Its Workforce
Global tech companies have been laying off employees for a while — Meta, Amazon, Twitter and Cisco have all terminated thousands of workers…
Category: Startups
Startup Skyroot Successfully Launches India’s First Private Rocket Into Space
Today was a small launch for a rocket, but a giant leap for India’s space program. Hyderabad-based startup Skyroot Aerospace has successfully launched…
Paytm’s Shares Tumble 10% After Softbank Offloads $200 Million Stake
Paytm’s stock has had a torrid time at the bourses since it was listed in November last year, and as its one-year lock…
Indian Startup Agnikul Successfully Tests World’s First 3D-Printed Single-Piece Rocket Engine
Even as one Indian space-tech startup is readying to send the country’s first private rocket into space, another has notched a world-first to…
Lenskart Slips Back Into Losses After Being Profitable For 2 Years, Posts Rs. 102 Crore Loss
India’s short list of unicorn startups that actually make money has gotten even shorter. Eyewear company Lenskart, which had been reporting profits for…
Space Startup Skyroot To Launch India’s First Private Rocket Into Space This Month
Even as Elon Musk has been focusing his energies on Twitter over the last few months, an Indian startup is quietly looking to…
Unacademy Terminates 350 Employees In Fresh Round Of Layoffs
If 2021 was the year of the creation of startup unicorns, 2022 is turning out to be the year of startup layoffs. Unacademy…
Bangalore-Based E-Commerce Unicorn Udaan Lays Off 350 Employees
The startup layoffs in India had started off with a trickle in 2022, but they’re now threatening to turn into a deluge. B2B…
Weeks After Laying Off 2,500 Employees, Byju’s Signs Lionel Messi As Brand Ambassador
Byju’s might have fired thousands of employees, been under the scrutiny of elected MPs, and have its financial statements be questioned, but it…