Chennai-Based Payments Unicorn Chargebee Lays Off 142 Employees
If 2021 was the year of creation of startup unicorns — a record 42 startups were minted that year — 2022 is turning…
Category: Startups
Byju’s To Not Shut Down Kerala Office Or Fire Employees After State Govt’s Intervention
Hiring and firing decisions are usually made by looking at unit economics, analyzing broad macroeconomic conditions, or studying the funding environment, but in…
BITS Pilani To Let Students Take A Year Off To Build Their Startups
There’s no shortage of examples of entrepreneurs who dropped out of college and built great companies — Microsoft’s Bill Gates, Facebook’s Mark Zuckerberg…
Nykaa Founder Falguni Nayar Loses Rs. 8,300 Crore In 15 Days As Stock Price Plummets
The stock markets giveth, and the stock markets taketh away. Nykaa founder and CEO Falguni Nayar has lost an astonishing $1 billion over…
BoAt Becomes The Latest Indian Startup To Withdraw Its IPO Plans
With listed startups being battered at the stock markets, the ones that were planning to go public seem to be developing cold feet….
Byju’s Shuts Down Kerala Office, Protesting Employees Approach Labour Department
If it’s hard to start a business in India, it’s even harder to wind it down. Kerala’s Labour Minister has said that the…
All Indian Tech Startup Stocks Are Now Trading Below Their IPO Prices
It’s no secret that India’s startup stocks haven’t had the best few months, but now there’s now some sobering evidence to back the…
India’s Regulators Fine MakeMyTrip, Oyo Rooms Rs. 390 Crore For Anti-Competitive Behaviour
There has been plenty of consolidation in India’s travel space in recent times, but Indian regulators appear to be keeping a watchful eye…
After Raising Rs. 350 Crore From Investors, Limeroad Gets Acquired By V-Mart For Just Rs. 31 Crore
There’s plenty of coverage of startups which start off with nothing and end up being worth hundreds of crores, but the story plays…