Softbank Are “Culprits” & “Bad Guys”, Have Led To Current Startup Slowdown: Policybazaar Investor
Even as the funding winter swirls around India’s startup ecosystem, fingers are already being pointed about what led to this state of affairs….
Category: Startups
Oyo Rooms Lays Off 600 Employees From Its Engineering And Product Teams
The latest layoffs in India’s startup space had been largely concentrated within ed-tech companies, but now they seem to be spreading to other…
Space Startup Agnikul Sets Up India’s First Private Space Vehicle Launchpad At Sriharikota
India’s space startups aren’t just building cutting edge rockets and engines, but they’re also building the accompanying infrastructure to power their missions. Chennai-based…
Indian Space Startups Dhruva Space & Pixxel Successfully Deploy Satellites Through ISRO’s PSLV Launch
India has opened its space program to private players, and startups are cashing in. Indian space startups Dhruva Space and Pixxel successfully launched…
Paytm Has Become The World’s Worst Performing Large IPO Of The Last 10 Years
Paytm had become India’s worst-performing large IPO on its first day as a public company, and it has created another unenviable record as…
Paytm Is Now Worth Less Than The Funding It Had Raised When It Was A Startup
Paytm has had a terrible run since its IPO a year ago, but it’s still hard to appreciate how disastrous its tenure as…
Paytm’s Stock Crashes 11% In Trade, Creates New Record Low
They say there’s light at the end of the tunnel, but the tunnel for Paytm investors seems to be interminably long — and…
95% Of Indian Startups Will Not Be Able To Grow Into Their High Valuations: Flipkart CEO
India had produced a record 43 unicorns in 2021, but one of the biggest voices in the Indian tech ecosystem says that most…
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…